Despite the ongoing war, Ukraine ranks 42nd in the Global Startup Ecosystem Index in 2025, up from 46th in 2024, marking the fastest growth among ecosystems ranked 41-50.
Below, you’ll find the top 10 largest funding rounds in H1 2025 for companies that are founded in, based in, or have a Ukrainian founder at the helm. You can explore the rest of the Central and Eastern Europe H1 2025 mappings here.
This article is part of the CEE funding mapping series, done with the support of the Dealigence platform. Please feel free to contact us if we missed something: [email protected]. / If the deal’s original currency wasn’t the euro, we convert it to the ratio listed on the publishing day.
Wordsmith AI
(Ukrainian co-founder, U.K.-based)
About: Provides AI-powered solutions for in-house legal teams to enhance interactions, streamline legal workflows, facilitate knowledge discovery, and manage risks effectively.
Founders: Volodymyr Giginyak, Ross McNairn, Robbie Falkenthal
Vertical: Legal Tech
Latest round: $25 (€21.6) million
Stage: Series A
Investors: Index Ventures, Felix Capital, General Catalyst, s16vc, Yellow
Total funding: €25.92 million
Liki24
About: An online marketplace connects customers with a variety of health, wellness, and beauty products from reputable providers across Europe. It incorporates a larger ecosystem that includes pharmacies, logistics, and healthcare services, aiming to enhance accessibility and affordability for users.
Founders: Anton Avrynskyi, Dmytro Liatambur, Serhii Fadieiev, Sergii Kliebanov, and Volodymyr Zubenko
Vertical: HealthTech/ eCommerce
Latest round: $9 (€7.78) million
Stage: Seed
Investors: ICLUB VC, TA Ventures, Horizon Capital, ICLUB VC, Sid Venture Partners, Horizon Capital, Flyer One Ventures, u.ventures, MA7 Ventures, N1 Ventures, Dnipro VC
Total funding: €16.41 million
Mathema.me
About: An online math school for K-12 that connects vetted math tutors with students in need of assistance.
Founders: Vitaliy Shkil
Vertical: EdTech
Latest round: $5 (€4.32) million
Stage: Series A
Investors: N/A
Total funding: €4.41 million
Fuelfinance
(Ukrainian founder, U.S.-based)
About: Provides an all-in-one financial solution for growing SMEs, offering a dashboard for KPI monitoring and access to a dedicated CFO to assist with decision-making.
Founders: Alyona Mysko
Vertical: FinTech
Latest round: $5 (€4.32) million
Stage: Series A
Investors: Campus, BADideas.fund, StratMinds VC, StratMinds VC
Total funding: €5.27 million
Haiqu
(Ukrainian co-founder, U.S.-based)
About: Develops a quantum software application execution stack for near-term quantum computers, focusing on data loading, computational fluid dynamics, deep simulation, and noise-resilient quantum machine learning.
Founders: Mykola Maksymenko, Richard Givhan
Vertical: Quantum Software
Latest round: $5 (€4.32) million
Stage: Series A
Investors: MaC Venture Capital, Creative Destruction Lab, Roosh Ventures, Sid Venture Partners, Soma Capital, Toyota Ventures, U.ventures
Total funding: €7.86 million
IntelliBoard
About: A learning analytics platform designed to enhance organizational learning outcomes by analyzing data from various educational sources and providing data-driven insights for decision-makers to optimize learning experiences. Integration with multiple learning platforms and predictive modeling supports retention, engagement, and compliance goals.
Founders: Anatoliy Kochnev
Vertical: EdTech
Latest round: $3.5 (€3.02) million
Stage: Series A
Investors: Advantage Capital, Connecticut Innovations, Flashpoint Venture Capital, LETA Capital, Smarthub
Total funding: €6.83 million
Deus Robotics
About: Develops advanced AI-powered automation solutions for warehouses, specializing in robotics technology to address labor shortages and increase productivity.
Founders: Iryna Lehkobyt, Pavlo Pikulin
Vertical: Logistics Tech
Latest round: $3 (€2.59) million
Stage: Seed
Investors: U.ventures, 1991 Ventures, SD Capital, Sid Venture Partners, Sigma Software Labs, SMRK VC
Total funding: €8.21 million
CROWN Procurement
(Ukrainian founder, Paris-based)
About: Facilitates eAuctions for procurement teams to help buyers achieve savings while providing a fair competition environment for suppliers. Enables users to realize additional savings, enhancing procurement strategies.
Founders: Mykyta Voytenko
Vertical: Procurement Tech
Latest round: $2.1 (€1.81) million
Stage: Seed
Investors: HEARTFELT_, another.vc, Apok Invest, BackBone Ventures, Kima Ventures, Prequel Ventures, ZAS Ventures
Total funding: €1.81 million
Teletactica
About: Focuses on developing advanced communication systems for defense and dual-use applications, providing jamming-resistant modems and antennas to ensure secure connectivity for UAVs and unmanned platforms in challenging environments.
Founders: Yevhen Zhebko, Anton Hetman
Vertical: Defense Tech
Latest round: $1.5 (€1.3) million
Stage: Seed
Investors: MITS Capital, Green Flag Ventures
Total funding: €1.64 million
Pleso Therapy
About: Utilizing advanced allocation algorithms and a focus on customer experience, mental health services are provided to both individuals and corporate clients aiming to enhance employee productivity.
Founders: Oleksandr Bondariev, Anna Lissova, Oleksii Yakubenko, and Vitalii Marchenko
Vertical: Mental health
Latest round: $1.2 (€1.04) million
Stage: Seed
Investors: TA Ventures, United Angels Network
Total funding: €1.21 million
