Ukraine startup ecosystem
The directory currently lists 43 organisations across 2 cities.
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Rostyslav Chayka
Rostyslav Chayka is the Founder and CEO of Lemberg Tech Business School (LemBS), which he has led since its founding in Lviv in 2009. He is also the founder of Lviv Startup Club, a community supporting startups and entrepreneurs in western Ukraine. Chayka serves as Chairman of the organizational committee for the Kyiv Miltech Conference 2026 and has over 17 years of experience organizing technology conferences in Ukraine.
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SMRK VC
SMRK VC is a Kyiv-based seed-stage fund founded in 2013 by Oleksandr Kosovan and Andriy Dovzhenko, with a $10M initial fund focused on IT products at seed and Series A. The fund has backed 23+ companies, with a portfolio spanning Ukraine, the US, and Europe across enterprise software, B2B SaaS, and consumer tech. Notable investments include Allset, Preply, Competera, and Ajax Systems; the fund made its most recent disclosed investment in OpenBabylon, a Ukrainian AI translation startup, in February 2026. SMRK has continued dealmaking through the wartime period and remains one of the longer-standing native Ukrainian VC funds still actively investing.
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Ukrainian Startup Fund Demo Day 2026
Official demo day of the Ukrainian Startup Fund, a government-backed grant program supporting early-stage startups with up to USD 75K in non-dilutive funding. Features 20-30 portfolio startups pitching to local and international investors. Free attendance for qualified investors.