The startup ecosystem in Belarus shows a wide range of industries, from AI and blockchain to AgTech. Most of these companies are concentrated in the country's capital, Minsk.

Among them, the blockchain sports platform Scorum has secured $5.6M in funding. The marketplace GiveAway also stands out with backing from Y Combinator.

Below is our list of 50 Belarus startups worth keeping an eye on.

Failory's Top 10 Picks

Scorum operates a blockchain-based sports media platform where writers and fans can publish content. The platform also includes a commission-free fantasy sports service that rewards users with cryptocurrency.

HeadquartersMinsk, Minsk, Belarus
Year Founded2017
FoundersAlexei Belov, Andrey Filipovich, Nikolai Pobol
Funding Amount$5.6M
Startup SizeMid-Size Team (51-250)
Last Funding StatusInitial Coin Offering
Top Investors—

GiveAway created a community marketplace for sharing used items and discovering local deals. Their platform connects people locally, promoting a sharing economy and more sustainable consumption habits.

HeadquartersMinsk, Minsk, Belarus
Year Founded2019
FoundersArtem Artemiuk, Sergei Lepchenkov, Sergey Stasilovich
Funding Amount$630k
Startup SizeFounding Team (1-10)
Last Funding StatusPre-Seed
Top InvestorsY Combinator, Ulad Radkevitch

RocketData built a SaaS platform that gives businesses control over their online reputation and local listings. The software helps companies manage customer reviews and keep business information consistent across popular location-based services.

HeadquartersMinsk, Minsk, Belarus
Year Founded2017
FoundersAlexey Kudelka, Darya Danilava, Fedor Zubrytski, Kirill Voloshin, Yauheni Ozhehkovski
Funding Amount$850k
Startup SizeMid-Size Team (51-250)
Last Funding StatusCorporate Round
Top Investors2GIS, RBF Ventures, Kirill Voloshin

AIMatter created an AI platform and software development kit (SDK) that uses neural networks for fast, on-device image processing. They are the team behind the mobile app Fabby, which applied this same neural network approach to editing and reimagining video.

HeadquartersMinsk, Minsk, Belarus
Year Founded2016
FoundersAndrei Kulik, Yuri Gurski, Yury Melnichek
Funding Amount$2M
Startup SizeLean Team (11-50)
Last Funding StatusSeed
Top InvestorsYuri Gurski, Yury Melnichek

Purple Games develops mobile titles across various genres, building games that are played by millions around the world. The studio also operates as a development partner for other companies, providing full-cycle production, co-development, and porting services.

HeadquartersMinsk, Minsk, Belarus
Year Founded2017
Founders—
Funding Amount$450k
Startup SizeLean Team (11-50)
Last Funding StatusSeed
Top InvestorsThe Games Fund

The Belarusian Universal Commodity Exchange facilitates electronic trading for a wide range of industrial goods. Their platform serves as a central marketplace for buying and selling metal products, timber, and other key commodities.

HeadquartersMinsk, Minsk, Belarus
Year Founded2005
Founders—
Funding Amount—
Startup SizeMid-Size Team (51-250)
Last Funding Status—
Top Investors—

Cropfleet builds a precision farming platform that integrates with unmanned agricultural technology to optimize farm operations. Their system is designed to reduce crop production costs and generate carbon credits for farmers.

HeadquartersMinsk, Minsk, Belarus
Year Founded2019
FoundersMikhail Kuzmenkov
Funding Amount$600k
Startup SizeFounding Team (1-10)
Last Funding StatusSeed
Top Investors—

Neural Vision develops AI and machine learning solutions for the flexible packaging industry. Their technology helps manufacturers automate quality control and detect printing defects in real time.

HeadquartersMinsk, Minsk, Belarus
Year Founded2020
Founders—
Funding Amount$250k
Startup Size—
Last Funding StatusPre-Seed
Top InvestorsNewchip Accelerator

BELATRA GAMES designs and produces electronic entertainment equipment, specializing in slot machines for the land-based casino market. The company offers a diverse portfolio of games that blend classic and modern gameplay mechanics.

HeadquartersMinsk, Minsk, Belarus
Year Founded1993
FoundersYuriy Voinich
Funding Amount—
Startup SizeMid-Size Team (51-250)
Last Funding Status—
Top Investors—

Fabby developed a mobile app that used neural networks to automatically edit photos and videos. Its technology allowed users to apply complex effects, such as style transfers and background replacements, without needing professional design skills.

HeadquartersMinsk, Minsk, Belarus
Year Founded2016
FoundersAndrei Kulik, Yury Melnichek
Funding Amount$2M
Startup SizeFounding Team (1-10)
Last Funding StatusSeed
Top Investors—

40 Additional Belarus Startups Worth Following

Our top picks offer a glimpse into the country's startup energy, but they are far from the only ones making moves. The scene is a diverse mix, with many new companies in fields like fintech and AI working alongside more established businesses.

Some are just getting started while others are already scaling. Here’s a look at the other startups shaping the Belarusian ecosystem.

StartupIndustryYear FoundedAmount RaisedLast Funding Round
Fox3 logo Fox3Security2019$250kSeed
Aibion Technologies logo Aibion TechnologiesAnalytics2019$50kPre-Seed
Rocket DAO logo Rocket DAOFintech2017$100kSeed
BudRobot logo BudRobotManufacturing2019$250k—
VSGate logo VSGateReal Estate2019$30kPre-Seed
BookYourStudy logo BookYourStudyMarketing2016$300kSeed
TOURING APP logo TOURING APPMarketing2015$390kSeed
Verv logo VervSports2013$265kAngel
MITRIX Technology logo MITRIX TechnologySaaS2016——
Future Technologies logo Future TechnologiesMedia1989——
av.by logo av.byMobility2001—Private Equity
Link-Assistant.Com logo Link-Assistant.ComAI2004——
Bidmart logo BidmartRetail2017——
Amkodor logo AmkodorManufacturing1927——
MTBank logo MTBankFintech1994—Private Equity
Exp(capital) logo Exp(capital)Fintech2012—Series A
PLATFORM.IO logo PLATFORM.IOMarketing2014——
Bestdesign2Hub logo Bestdesign2HubOther2015——
ABBC Foundation logo ABBC FoundationAI2017——
Apalon logo ApalonInfrastructure2007——
Belmedpreparaty logo BelmedpreparatyBiotech1929——
21vek.by logo 21vek.byRetail2004—Private Equity
Minsk Tractor Works logo Minsk Tractor WorksMobility1946——
Wowmaking logo WowmakingInfrastructure2017——
LogicLike logo LogicLikeEducation2017—Venture Round
Onelight Apps logo Onelight AppsMedia2019——
Pythia logo PythiaAI2018——
SoftClub logo SoftClubFintech1993—Private Equity
AheadWorks logo AheadWorksRetail2001——
EZENLABS logo EZENLABSEnterprise2021——
Myfin Group logo Myfin GroupFintech2016—Private Equity
Whitebird logo WhitebirdCrypto2020——
Agger Technology logo Agger TechnologyHardware———
AI Dermatologist logo AI DermatologistHealthcare2020——
PR3 logo PR3SaaS2003——
Belavia Airlines logo Belavia AirlinesMobility1996——
BSB Bank logo BSB BankFintech2002——
Webix logo WebixInfrastructure2013——
Pharmtechnology logo PharmtechnologyManufacturing1991——
Stark Games logo Stark GamesGaming2005——