In the first three months of 2023, Ukrainian startups raised more than $20 million. Also, foreign projects with Ukrainian roots have raised almost $150 million, and the amount of grants for Ukrainian projects amounted to almost $20 million.
The symbiosis of talent, technology, the corporate sector, and government support will form an effective innovation ecosystem, positioning Ukraine as a hub for future discoveries and breakthrough technologies.
This was stated by Pavlo Kartashov, Director of the Ukrainian Startup Fund, at the FIT for Ukraine: Innovative Investments.
The fund was launched in 2018 to promote the creation and development of early-stage technology startups. Since its inception, USF has funded more than 320 startups for more than USD 8.2 million.
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