1. Horizon Capital – Ukraine’s Growth-Stage Giant
Assets under management: $1.6 billion.
Typical tickets: $5–20 million (Series B+).
Flagship deals: $10 million into Ajax Systems; stakes in Preply, Creatio (became a $1.2 b unicorn in 2024), Rozetka.
Why it matters: Raised a $250 million Ukraine-only fund in 2023 despite the war, proving international confidence.
2. TA Ventures – Early-Stage Specialist with a 2 000-Angel Syndicate
Portfolio: 240+ companies, 83 exits.
Ticket size: $0.5 – 1 million seed (up to $5 million follow-on).
Edge: iClub syndicate, 2 000+ angels; minimum ticket just $5 000.
Notables: SumUp, Mate Academy, Petcube, Gameto.
3. SID Venture Partners – Deep-Tech Scout & 2023 Investor of the Year
Founded: 2021; average check ~$250 k.
Track record: 30+ deals, $5.5 million deployed; honoured as “Investor of the Year” by Ukrainian Startup Fund 2023.
Portfolio gems: GO TO-U (EV charging OS), NORDA Dynamics (autonomous drones), Haiqu (AI marketing).
4. SMRK VC Fund – Founders-Turned-Investors
Fund I size: ~$17 million; tickets $0.5–1.5 million.
Big wins: Preply, Ajax Systems, Apostera→Harman, $1 million round into Osavul (2023).
Focus: Deep-tech, robotics, defense. Second, larger fund in the making.
5. Angel One Fund – University-Powered Seed Capital
Launched: 2022 by Ukrainian Catholic University.
Checks: $50 k – $200 k.
Recent deals: $200 k each in Rozmova & GO TO-U (2023), plus NORDA Dynamics and Mosqitter.
Specialty: EdTech and defense-tech spin-offs; new $1.5 million defense sub-fund raised in 2024.
🔮 Market Outlook
Capital inflow will rise as Horizon’s and TA’s international LPs double down on Ukraine.
Defense-tech boom expected; dual-use startups may capture 20 % of new VC dollars by 2026.
More global exits: look for M&A waves in 2026-27 as portfolio companies scale abroad.
Valuations to normalize, smoothing the post-war funding backlog.