The world has seen the resilience and spirit of the Ukrainian people over the past three months. We have seen how an entire population has responded to unimaginable circumstances and shown a will to survive and succeed.
We know this spirit from the Ukrainian startup community, which boasts its share of startups such as GitLab, Genesis, and People.ai.
In March, we announced a $5 million fund to help Ukrainian entrepreneurs maintain and grow their businesses, strengthen their community and build a foundation for post-war economic recovery. Up to $100,000 in non-dilutive funding will be given to selected Ukraine-based startups.
Meet the first recipients
The first group of recipients of the support fund were announced today.
- Almexoft: A low-code platform for business process automation and electronic document management.
- CareTech Human: A fully-automated, plug-and-play device for daily health checks and early disease detection.
- Discoperi: An AI-powered video control system that collects traffic data to prevent car accidents and make roads safer.
- Dots Platform: A cloud-based, all-in-one food delivery platform.
- Elai.io: A text-to-video platform that allows users to generate video content with virtual presenters from text.
- Effy.ai: An HR software that empowers leaders to build high-performing teams.
- Handy.ai: An internal сommunications platform offering a personal virtual assistant for employees.
- Lab24: A digital medical laboratory marketplace connecting customers to affordable services.
- Mindly: An end-to-end mental health platform for online therapy that offers AI-powered patient care and clinical admin automation.
- PRAVOSUD: A litigation analytics platform enabling lawyers to craft successful legal strategies.
- pleso therapy: A mental health platform that efficiently matches patients with therapists.
- Private Tech Network: An AI-driven “venture capital-as-a-service” platform, designed to make fundraising faster and more efficient.
- Releaf Paper: The world's first manufacturer of paper products made from fallen leaves.
- Respeecher: A high-fidelity voice cloning (voice conversion) system for content creators.
- Skyworker: A hiring app providing tech recruiting and human resources services.
- VanOnGo: An AI-powered, direct-to-consumer delivery platform.
- ZooZy: A one-stop pet care mobile app streamlining all of your pet’s needs—food, training advice, healthcare, and other essentials—into a single platform.
Ukrainian-founded startups that meet the criteria can apply on a rolling basis. Some companies may not qualify for the Fund, but other forms of support can be found here.
Key challenges, according to one Ukrainian founder
We spoke to the CEO of Mindly, a mental health support app, to better understand the challenges that Ukrainian entrepreneurs face as they navigate running their businesses during a war.
Podoliev's focus was to build a team that will be able to quickly, efficiently and effectively use a data.
