The Ukrainian innovation ecosystem is among the top-10 dynamic ecosystems in the world with double-digits growth rate per annum. Ukraine has a proven track record of producing founders, who created some of the world’s most successful tech companies like Grammarly, GitLab, Preply, Ajax and People.ai, and many others. Despite the war the most startup founders of all stages keep working and developing their products. The war will not prevent this.
2021 was a record year for the Ukrainian venture capital ecosystem, both in terms of the number of deals and the amount of investment attracted.
As usual, later-stage projects attracted the most considerable portion of the financing.
In 30% of transactions, investors were foreigners (with more than 50% when it comes to the early stages of financing). Such a proportion indicates that Ukraine maintains its reputation as a country of high quality, genuinely attractive relevant solutions and demonstrates stability and adaptability in the COVID-19 environment.
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