# Investors in Ukraine (2026 list)

> 34 investors in Ukraine, 94% active in the last 12 months. Led by Techstars, Andreessen Horowitz, Google for Startups. Ranked by what they funded.

Source: https://millionrounds.com/lists/investors-in-ukraine (Millionrounds; every figure on the page links to its filing or article)

[Investor Lists](https://millionrounds.com/lists)

# Investors in Ukraine

Updated 7 November 2026

Firms observed in a round raised by a company in Ukraine in the last two years, wherever the firm itself is based. What matters to a founder is who writes cheques into their market.

[See all 34 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Finvestors-in-ukraine)The top 25

**34** investors on the list No change this week

**910** cheques in 12 months *-31%* against the market

**$2.9M** median round they joined *-63%* against the market median

**94%** wrote a cheque in 12 months

**47%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (25)

- 1 [Techstars](https://millionrounds.com/fund/techstars) *Deploying now* VC firm · United States **2,989** **$1.2M** median round **Nov 2026** last seen
- 2 [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) *Deploying now* VC firm · United States **1,661** **$27M** median round **Nov 2026** last seen
- 3 [Google for Startups](https://millionrounds.com/fund/google-for-startups) *Deploying now* Accelerator · United States **811** **$1.4M** median round **Sept 2026** last seen
- 4 [Seedcamp](https://millionrounds.com/fund/seedcamp) *Deploying now* VC firm · United Kingdom **519** **$5M** median round **Nov 2026** last seen
- 5 [ff Venture Capital](https://millionrounds.com/fund/ff-venture-capital) *Deploying now* VC firm · United States **337** **$3.1M** median round **Nov 2026** last seen
- 6 [Endeavor Catalyst](https://millionrounds.com/fund/endeavor-catalyst) *Deploying now* Corporate VC · United States **318** **$30M** median round **Oct 2026** last seen
- 7 [Unpopular Ventures](https://millionrounds.com/fund/unpopular-ventures) *Deploying now* VC firm · United States **264** **$3M** median round **Sept 2026** last seen
- 8 [Startup Wise Guys](https://millionrounds.com/fund/startup-wise-guys) *Deploying now* Accelerator · Estonia **237** **$551K** median round **Sept 2026** last seen
- 9 [Fuel Ventures](https://millionrounds.com/fund/fuel-ventures) *Deploying now* VC firm · United Kingdom **163** **$1.9M** median round **Oct 2026** last seen
- 10 [European Commission](https://millionrounds.com/fund/european-commission) *Deploying now* VC firm · Belgium **160** **$2.8M** median round **Sept 2026** last seen
- 11 [TA Ventures](https://millionrounds.com/fund/ta-ventures) *Deploying now* VC firm · Ukraine **145** **$23M** median round **Sept 2026** last seen
- 12 [N1](https://millionrounds.com/fund/n1) *Deploying now* VC firm · Luxembourg **134** **$1.4M** median round **Sept 2026** last seen
- 13 [Purple](https://millionrounds.com/fund/purple-laurent-ritter-s-fund) *Deploying now* VC firm · France **110** **$3M** median round **Sept 2026** last seen
- 14 [Connect Ventures](https://millionrounds.com/fund/connect-ventures) *Deploying now* VC firm · United Kingdom **105** **$4.3M** median round **Sept 2026** last seen
- 15 [TQ Ventures](https://millionrounds.com/fund/tq-ventures) *Deploying now* VC firm · United States **97** **$14M** median round **Sept 2026** last seen
- 16 [Flyer One Ventures](https://millionrounds.com/fund/flyer-one-ventures) *Deploying now* VC firm · United Kingdom **59** **$3M** median round **Aug 2026** last seen
- 17 [Presto Ventures](https://millionrounds.com/fund/presto-ventures) *Deploying now* VC firm · Czechia **58** **$1.6M** median round **Jul 2026** last seen
- 18 [Ukrainian Startup Fund](https://millionrounds.com/fund/ukrainian-startup-fund) *Deploying now* Government · Ukraine **51** **$156K** median round **Jul 2026** last seen
- 19 [Heartfelt Capital](https://millionrounds.com/fund/heartfelt) *Deploying now* VC firm · Germany **50** **$1.6M** median round **Nov 2026** last seen
- 20 [Iron Wolf Capital](https://millionrounds.com/fund/iron-wolf-capital) *Deploying now* VC firm · United Kingdom **6** **$2.7M** median round **Oct 2026** last seen
- 21 [Angel One](https://millionrounds.com/fund/angel-one) *Deploying now* Angel network · Ukraine **5** **$2.1M** median round **Sept 2026** last seen
- 22 [Common Magic](https://millionrounds.com/fund/common-magic) *Deploying now* Micro VC · India **5** **$12M** median round **Aug 2026** last seen
- 23 [MITS Fund](https://millionrounds.com/fund/mits-capital) *Deploying now* VC firm · United States **5** **$1.5M** median round **Sept 2026** last seen
- 24 [2100 Ventures](https://millionrounds.com/fund/2100-ventures) *Deploying now* VC firm · United Kingdom **3** **$15M** median round **Sept 2026** last seen
- 25 [u.ventures](https://millionrounds.com/fund/u-ventures-2) *Deploying now* VC firm · United States **3** **$2.9M** median round **Aug 2026** last seen

**9 more on this list**

All 34 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000.

[See the whole list *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Finvestors-in-ukraine)

## The Newest Cheques

Rounds this list's investors joined most recently

- **5** Nov **[Granit](https://millionrounds.com/company/granit)** Seed · $6M *Led by* [Seedcamp](https://millionrounds.com/fund/seedcamp)
- **4** Nov **[Aformic](https://millionrounds.com/company/aformic)** Seed · $7M *With* [ff Venture Capital](https://millionrounds.com/fund/ff-venture-capital)
- **4** Nov **[Lazarus AI](https://millionrounds.com/company/lazarus-ai)** $43M *With* [Techstars](https://millionrounds.com/fund/techstars)
- **4** Nov **[Supa](https://millionrounds.com/company/supa)** Seed · $28M *With* [Heartfelt Capital](https://millionrounds.com/fund/heartfelt)
- **4** Nov **[Phaze Inc.](https://millionrounds.com/company/phaze-inc)** Seed · $8.8M *Led by* [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz)
- **3** Nov **[Vereda](https://millionrounds.com/company/vereda)** Seed · $5.5M *With* [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz)

## Stages This Year

857 rounds

- Venture **20%**
- Seed **19%**
- Series A **18%**
- Pre-seed **9%**
- Series B **7%**
- Other **26%**

## What They Backed

Sectors, last 12 months

- AI **354**
- Fintech **64**
- Big Data & Analytics **59**
- Healthcare **45**
- IT Services **44**
- Financial Services **38**

## Cheques by Quarter

Led Joined

345 Q1 25

364 Q2 25

343 Q3 25

314 Q4 25

318 Q1 26

226 Q2 26

218 Q3 26

56 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [Investors in United States 5,827](https://millionrounds.com/lists/investors-in-united-states)
- [Investors in United Kingdom 1,889](https://millionrounds.com/lists/investors-in-united-kingdom)
- [Investors in Germany 898](https://millionrounds.com/lists/investors-in-germany)
- [Investors in Canada 868](https://millionrounds.com/lists/investors-in-canada)
- [Investors in Australia 853](https://millionrounds.com/lists/investors-in-australia)
- [Investors in France 771](https://millionrounds.com/lists/investors-in-france)
- [Investors in India 756](https://millionrounds.com/lists/investors-in-india)
- [Investors in Brazil 584](https://millionrounds.com/lists/investors-in-brazil)
- [Investors in Netherlands 569](https://millionrounds.com/lists/investors-in-netherlands)

[All investor lists *→*](https://millionrounds.com/lists)

## Quick answers about investors in Ukraine

### Who are the most active investors in Ukraine?

By cheques observed, the most active are Techstars, Andreessen Horowitz, Google for Startups, Seedcamp and ff Venture Capital.

### How many investors in Ukraine are there?

34 are on record. 94% made an investment in the last 12 months and 47% have led a round.

### Which stages do investors in Ukraine back?

Of the rounds with a named stage in the last 12 months, mostly Seed (26%) and Series A (25%).

### How big are the rounds investors in Ukraine join?

The typical (median) round among the leading investors here is $2.9M.

### Which sectors do investors in Ukraine back most?

In the last 12 months, mostly AI, Fintech and Big Data & Analytics.

### Which investors in Ukraine lead the most rounds?

Andreessen Horowitz (114 led), Fuel Ventures (9 led) and TQ Ventures (8 led).

### Where are investors in Ukraine based?

Among the most active, most are based in the United States (9), the United Kingdom (6) and Ukraine (3).

### What have investors in Ukraine invested in recently?

Recent rounds include Granit (Seed, Nov 2026, with Seedcamp), Aformic (Seed, Nov 2026, with ff Venture Capital) and Lazarus AI (Nov 2026, with Techstars).

Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)
