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Ukraine's economy features a blend of long-standing institutions and emerging technology startups. The country has notable activity in the energy, finance, and defense sectors.
This landscape includes large entities like the power company Ukrenergo, which has secured $1.2 billion in funding. It also includes newer ventures such as NORDA Dynamics, a UAV systems developer founded in 2023.
Below is our list of 51 Ukraine startups worth keeping an eye on.
Everything you need to raise funding for your startup, including 3,500+ investors, 7 tools, 18 templates and 3 learning resources.
Buy It For $97 $297 →Information about the industries, countries, and cities they generally invest in.
Get the Sheet for $50Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.
Get the Sheet for $50List of startup investors in the BioTech, Health, and Medicine industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50List of 250 startup investors in the AI and Machine Learning industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50List of 250 startup investors in the FinTech and Finance industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50NORDA Dynamics develops an autonomous piloting system that enables drones to carry out missions in areas with limited connectivity. Their technology provides reliable navigation and operation for UAVs without depending on GPS or constant communication links.
Ukrenergo provides operational and technological control for Ukraine's national energy system, managing the transmission of electricity across the country. They maintain the stability of the power grid while also working to integrate renewable energy sources and connect with the broader European network.
Frontline develops unmanned ground vehicles designed to make military operations more effective and save human lives. They produce robotic systems for a range of battlefield roles, from transport and reconnaissance to direct combat.
UkreximBank delivers critical financing and banking services to Ukraine's agricultural exporters. The state-owned bank also operates as a primary financial agent for the Ukrainian government, servicing the country's foreign economic activity.
Ukrgasbank offers a full suite of banking services while specializing in green finance to support eco-friendly projects. They are recognized as a leading bank in Ukraine for funding initiatives that promote energy efficiency and renewable resources.
Respeecher develops voice conversion technology that uses AI to produce high-fidelity voice clones for creative projects. Their system has been used by filmmakers and game developers, most notably to recreate iconic voices in major Hollywood productions.
Ukraine-based Kormotech develops and manufactures a wide portfolio of cat and dog food products. They operate as a major producer in the pet food industry with distribution across dozens of countries.
Uspacy builds a unified digital workspace that integrates internal communications, people operations, and CRM. The platform is designed to help teams manage collaboration, tasks, and customer relationships without switching between different applications.
Liki24 built an e-commerce platform for delivering health, beauty, and pharmaceutical products. Their service connects customers with a network of pharmacies, offering a simple way to order and receive items.
NovaPay provides a financial service in Ukraine that handles payments and money transfers both online and at physical locations. Their platform allows users to manage a range of transactions, from paying bills to sending funds.
Our top picks offer a glimpse into a much larger scene. Founders are building in many areas, from heavy industry to artificial intelligence, and have raised more than $2 billion together.
You'll find a mix of brand new companies and older ones that continue to grow. Below are the other startups that make up Ukraine's strong and resilient tech community.
| Startup | Industry | Year Founded | Amount Raised | Last Funding Round |
|---|---|---|---|---|
| Sports | 2017 | — | Series A | |
| Manufacturing | 2011 | $11M | Series A | |
| Crypto | 2021 | $12M | Series A | |
| Retail | 2018 | $800k | Seed | |
| Enterprise | 2024 | $100k | — | |
| Energy | 1998 | $1.6B | Debt Financing | |
| Food | 2005 | $17.3M | Debt Financing | |
| Media | 2021 | $25k | Grant | |
| AI | 2018 | $4.6M | — | |
| Hardware | 2022 | $875k | — | |
| AI | 2023 | $229.6k | Pre-Seed | |
| Manufacturing | 2024 | $3.7M | Seed | |
| Media | 2017 | $2.1M | Initial Coin Offering | |
| Healthcare | 2023 | $25k | Grant | |
| Healthcare | 2022 | $1.5M | Seed | |
| Fintech | 1990 | €75M | Debt Financing | |
| Manufacturing | 2006 | €23.6M | Debt Financing | |
| Media | 2022 | $2M | Seed | |
| Mobility | 2023 | $1.2M | Seed | |
| SaaS | 2022 | $598.1k | — | |
| Manufacturing | 1938 | $13.8M | Debt Financing | |
| AgTech | 2020 | $2.6M | Grant | |
| Healthcare | 2021 | $1.4M | Seed | |
| Retail | 2008 | $100.1M | Debt Financing | |
| Education | 2015 | $2.5M | Grant | |
| Manufacturing | 1998 | €15M | Debt Financing | |
| Infrastructure | 2016 | €50M | Debt Financing | |
| Hardware | — | $435M | Debt Financing | |
| AI | 2018 | $538k | Venture Round | |
| Fintech | 1990 | $37.5M | Debt Financing | |
| Fintech | 2019 | $3.6M | Seed | |
| Healthcare | 1925 | €22M | Debt Financing | |
| Crypto | 2021 | $3.5M | Seed | |
| Enterprise | 2015 | $20M | Initial Coin Offering | |
| Analytics | 2016 | $220k | Seed | |
| Energy | 2011 | €10.8M | Debt Financing | |
| Mobility | 2021 | €1.5M | Pre-Seed | |
| Logistics | 2010 | $9.2M | Series A | |
| AgTech | 1991 | €27M | Venture Round | |
| AI | 2021 | $2.7M | Seed | |
| Marketing | 2021 | $350k | — |
