Despite difficult conditions, the Ukrainian startup ecosystem has demonstrated resilience and growth. In 2025, Ukrainian technology companies raised $498 million in investments and grants, 8% more than the previous year. This is stated in the latest AVenture Dealbook report.
The distribution of investments indicates the maturity of the market and high trust in already established players:
- Late-stage (Series D and Growth): almost half of all funds (46%) were directed toward expanding the scale of already successful businesses.
- Early-stage (Seed, Series A) investments totaled $191 million (38.5% of the total). This is one of the best results in the history of Ukraine, which came close to the record-breaking year of 2021, when $258 million was invested in young companies.
The main event of the year was Preply’s acquisition of unicorn status. The company became the leader in capital raised, raising an additional $150 million in the Series D round.
Along with Preply, the key players in the venture market were:
- monobank and Fintech Farm (fintech sector);
- Holywater, Headway Inc., and Swarmer.
The total share of these five companies exceeded 55% of the country’s entire venture market for the year.
The report clearly confirms the global trend: investors prefer artificial intelligence technologies. AI startups attracted 2.8 times more capital than companies without an AI component.
The share of projects using artificial intelligence accounted for 74.4% of the market. All other technological areas accounted for only 25.6%.
