MARKET MAP

Ukraine fund map, 2026

Active VCs investing in Ukrainian founders, with stage focus and recent cheques.

Published 1 March 2026 · 28 funds · HTML
Ukraine Emerging Managers Fundraising For founders For investors

What's inside

  • 28 active funds with current stage focus
  • Cheque-size ranges and recent investments
  • Diaspora vs institutional capital split
  • Ukraine-only vs CEE-wide mandate

A living map of every fund actively writing cheques into Ukrainian founders in 2026. Updated quarterly; last refresh 1 March 2026.

The list below mixes funds with offices in Kyiv, Lviv, and Warsaw with diaspora-led vehicles operating from Berlin, London, and the US. Stage focus runs from pre-seed angels to growth-stage. Where a fund declined to disclose a recent deal we’ve left the row blank rather than guess.

Methodology note. Inclusion criteria: at least one disclosed Ukrainian-founder round in the last 12 months, OR a public commitment of dry powder earmarked for Ukrainian deals. Funds with mandate ambiguity (e.g. CEE-wide funds with no Ukrainian deal in 18+ months) are excluded.

Active funds

Embed coming soon — for now, download the underlying spreadsheet or pitch us a correction.