Ukrainian Startup Fund

USF originally set up to promote the development of the local startup ecosystem and today is the largest local angel investor with already 130 funded startups and the most extensive startups database and stakeholders (over 3,000 applications).
https://crunchbase.com/organization/***
https://linkedin.com/company/***

Pavlo Kartashov

Director

Past deals in Ukraine

Kateryna

Grant in 2025
A Ukrainian firm called KATERYNA offers mobile response teams all throughout Ukraine on-demand access.

ALLBIONICS

Seed Round in 2024
Allbionics is on a mission to make bionic arms cool, functional, and—most importantly—affordable. Based in Ukraine, we design, manufacture, and service our prostheses right here at home, keeping costs down without cutting corners. Our arms aren’t just high-tech gadgets; they’re life-changing tools that help people get back to doing what they love—whether it’s shaking hands, holding a coffee, or throwing an impressive high-five. We focus on smart, user-friendly tech like myoelectric control, durable materials, and ergonomic design, because, let’s be honest, no one wants a prosthetic that’s clunky or breaks after a week. We're not here to make overpriced, futuristic movie props—we're here to build real solutions for real people.

SorbiForce

Grant in 2022
SorbiForce is an American startup developing sustainable battery technology. It aims to transition the world to clean energy by creating non-metallic, eco-friendly batteries made from renewable raw materials like carbon, salt, and water. These batteries are designed to be cost-effective, safe, and have zero environmental impact.

Deputy

Grant in 2021
A digital platform that automates the work of deputies and public reception offices with residents' appeals throughout Ukraine and is an effective tool for collecting, analysing and understanding residents' problems in depth.

Silentbox

Grant in 2021
Silentbox is a Ukrainian manufacturer of office acoustic booths for calls and negotiations. Silentbox soundproof booths are in demand in large noisy offices, at exhibitions, conferences and other public events. These booths allow you to conduct confidential negotiations or brainstorming sessions without being distracted by extraneous noise or disturbing others. They are great for concentrated work or for relaxing in silence. In the summer of 2019, Silentbox developed and began production of 3 cab models: 1. The Silentbox Solo office cubicle is designed to work autonomously in the comfort of one person. 2. The Silentbox Duet meeting room can accommodate 2-4 people and is great for business meetings, confidential conversations, brainstorming or interviews. 3. The informal communication zone Deca-room accommodates 5 people and was created for negotiations, individual work that requires concentration, or just for relax. When creating Silentbox cabins, the best modern materials and innovative developments in technical equipment are used, and this ensures the most comfortable work with gadgets in the office cabin: * Smart sensors automatically detect the appearance of a person in the booth and automatically turn on ventilation and lighting. * You can easily charge your gadgets and no wires will interfere with you. * Permanent ventilation and individual lighting control allow you to work in the booth for as long as you want. In addition, you choose the design for your booth and this ensures that the Silentbox meeting booth harmoniously fits into the interior of your office space. Noise isolation booths are a modern privacy solution that allows you to find a compromise between the chaotic nature of modern office and the silence of a separate cabinet. Employees still have a workplace next to all colleagues, but in such a room they can get personal space for their work tasks. Welcome to Silentbox’s smart office on https://silent-box.com/en/.

PromoRepublic

Grant in 2021
Founded in 2014, PromoRepublic develops a SaaS platform for digital promotion and social marketing. Its platform enables users to acquire and engage customers through contests, lotteries, sweepstakes, and publishing campaigns on various social media websites and mobile applications.

A.D.A.M.

Grant in 2021
A.D.A.M. is a 3D bioprinting company developing a Point-of-Care Medical Device Production System for in-hospital manufacturing of personalized bone implants. The system combines proprietary 3D printing technology, materials, and software to produce bioresorbable, patient-specific implants that are printed, sterilized, and prepared for implantation. The company offers a turnkey solution installed and maintained at hospitals on a subscription basis, aiming to cut end-to-end costs, shorten surgery times, and create new revenue streams for hospitals. By enabling in-house production, A.D.A.M. addresses scalability and cost barriers associated with purchasing printers, materials, and software separately, and plans to expand the portfolio to additional implants and tissues, ultimately pursuing an on-demand tissue manufacturing platform for personalized medical devices.

Tradomatic

Grant in 2021
Tradomatic is a developer of an agricultural products trading platform aimed at enhancing the agricultural market in Ukraine. The company offers a professional tool that facilitates agri trading, enabling farmers to maximize their selling prices and achieve transparency in the buying and selling process. By providing an effective procurement system, Tradomatic empowers farmers to trade commodities at favorable prices, thereby contributing to a more transparent and efficient agricultural market.

V-Art

Pre Seed Round in 2021
V-Art offers an automated IP licensing solution for brands, creators, and AI developers. Its platform enables streamlined licensing processes, content monetization, and minimized legal risks. Backed by Meta and L'Oréal Group, V-Art operates in the $280 billion IP licensing market.

Impulsar

Pre Seed Round in 2020
Impulsar is a Ukrainian startup that offers smart bracelets for people with epilepsy and autism. They want to create a smart bracelet to alert people with epilepsy about the likelihood of a crisis. The startup has features including the Collection and logging of indicators of heart rate, emotional state, body position in space, analysis of the causes of an epileptic seizure, and identification and notification of the location of the person at the time of the attack. Impulsar device will allow you to adapt and socialize people with epilepsy and thereby reduce their isolation and exclusion from society. The goal of this startup is to creating a smart bracelet to alert people with epilepsy and autism spectrum disorders about the likelihood of a critical condition.

Esper Bionics

Seed Round in 2020
Founded in 2018, Esper Bionics specializes in developing advanced prosthetic solutions for orthopedics and neurology. The company offers myoelectric wrist prostheses, neural implants, and wearable electronics, with a focus on enhancing human capabilities through digital signal processing, artificial intelligence, and low-power electronics.

LookSize

Seed Round in 2020
Looksize operates an online platform designed to assist fashion shoppers in finding the correct clothing sizes with ease. By utilizing the MY SIZE button, customers can filter products to identify items that fit them perfectly with a single click. The platform further enhances the shopping experience by employing a visual avatar, allowing users to visualize how garments will fit them before making a purchase. This innovative solution eliminates the need for trying on clothes, streamlining the online shopping process. Recognized as one of the top 50 Ukrainian startups and a winner of a Ukrainian startup fund, Looksize is committed to improving the way consumers shop for clothing.

Kray Technologies

Seed Round in 2020
Kray Technologies is a manufacturer of aerial drones designed for crop protection, primarily targeting mid-size farmers. Established in 2015 and based in Kyiv, Ukraine, the company offers the Kray Protection UAS, a next-generation drone solution that replaces traditional agricultural planes and ground sprayers. These drones optimize crop dusting by significantly reducing application costs and pesticide usage while preventing yield losses associated with conventional methods. By enhancing the efficiency of crop protection processes, Kray Technologies enables farmers to maximize their yields and improve overall productivity, all while minimizing fuel and maintenance requirements.

Mate Academy

Seed Round in 2020
Mate Academy is an educational technology startup founded in 2015 and based in Kyiv, Ukraine. The institution focuses on teaching individuals to code from scratch, providing comprehensive online training in various programming languages. It offers its services entirely free of charge until students secure employment. This model allows aspiring programmers to access high-quality educational content and build their careers in technology without financial constraints. With a commitment to fostering talent globally, Mate Academy aims to equip learners with the skills needed to succeed in the tech industry through real-time instruction from experienced educators.

SolarGaps

Seed Round in 2020
SolarGaps develops smart blinds with built-in photovoltaic modules that automatically track the sun to generate electricity and regulate indoor temperature. The system integrates solar panels in the blinds to generate power for electrical devices and can store energy in battery storage for emergency use. The product enables homeowners and commercial spaces to produce their own energy, reduce electricity costs, and improve energy efficiency, while allowing remote monitoring and control via a smartphone app. The company is headquartered in Kyiv, Ukraine.
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