# Top 20 Health Care Startup Investors in Ukraine in May 2026

## Ukrainian Startup Fund
- Type: VC Fund
- Location: Kyiv, Kyyiv, Ukraine
- Relevant deals: 5
- Stages: Pre-Seed, Seed, Grant
- Focus: Software, Information Technology, SaaS

USF originally set up to promote the development of the local startup ecosystem and today is the largest local angel investor with already 130 funded startups and the most extensive startups database and stakeholders (over 3,000 applications).

## Flyer One Ventures
- Type: VC Fund
- Location: Kiev, Kyyivs'ka Oblast', Ukraine
- Relevant deals: 2
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, Education, Artificial Intelligence

Flyer One Ventures is an international early-stage venture capital firm focused on early-stage startups from CEE region. The fund invests in future-proof startups, founded by exceptional teams, and operating on global markets worth more than $10 billion. Flyer One Ventures funds startups in Mobile, Health Tech, EdTech, Fitness & Wellness, B2BSaaS, Gaming, FoodTech, and AI/ML industries and helps them scale on international markets. Founded by the co-founder of BetterMe and supported by Genesis Tech, Flyer One Ventures has deep expertise in Digital Marketing, Product, PR, Branding, and Recruiting. Along with the financial investment, Flyer One Ventures actively supports its portfolio companies, helping them optimize Digital Marketing campaigns, hire R&D staff, build user-friendly products, and fundraise Series A and Series B rounds. Flyer One Ventures' ultimate goal is to support early-stage startups in the geographies with low access to early financing and help them become global leaders by mentorship and daily support.

## TA Ventures
- Type: VC Fund
- Location: Frankfurt, Hessen, Germany
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: E-Commerce, Software, Internet

TA Ventures is globally-minded and network-driven VC firm investing in early-stage tech startups in Europe and North America shaping the industries of tomorrow. Our ticket size starts from $100k up to $1M.
We offer speed of execution, proactive support, and access to a broad international network. Drawing upon our network, we support our portfoliocompanies by proactively soliciting large, growth-minded co-investors in subsequent rounds. We utilize our industry knowledge and network to give portfolio companies and partner VCs access to the highly skilled and cost-effective R&D outsourcing teams in Central and Eastern Europe.

## SMRK VC Fund
- Type: VC Fund
- Location: Kiev, Kyyivs'ka Oblast', Ukraine
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Software, E-Commerce, Artificial Intelligence

SMRK VC Fund is an investment firm that funds seed and early stage companies. Their projects are Allset, Preply, Competera and AJAX Systems.

SMRK is a Ukraine-based company that was founded in 2013 by Oleksandr Kosovan and Andriy Dovzhenko.

## Farmak
- Type: VC Fund
- Location: Kyiv, Kyyiv, Ukraine
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Health Care, Medical, Mobile

Farmak is a Ukraine-based pharmaceutical company that creates and manufactures medical drugs. Since 2010, Farmak is the leader of the pharmaceutical market of Ukraine and the largest exporter of medicines. The company has 20 production lines that meet GMP requirements. Since 2015, JSC "Farmak" has its own complex for the manufacture ofsubstances (Department of Production of API) in Shostka, the planned capacity of which is 100 tons of substances per year.

## AVentures Capital
- Type: VC Fund
- Location: Kyiv, Kyyiv, Ukraine
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Software, Information Technology, Enterprise Software

AVentures Capital invests at early stage and looks to team up with amazing entrepreneurs from Eastern Europe, particularly Ukraine, who build global businesses. The Fund's investment focus will be across software tech space, including cloud, storage, enterprise solutions, web, mobile, IoT and other software tech related.

## Eugene M. Lang Entrepreneurial Initiative Fund
- Type: VC Fund
- Location: New York, New York, United States
- Relevant deals: 1
- Stages: Seed, Angel, Pre-Seed
- Focus: Education, Medical, Food and Beverage

Eugene M. Lang Entrepreneurship Center catalyzes best-in-class startups and investors that are shaping the future.

## Horizon Capital
- Type: VC Fund
- Location: Kyiv, Kyyiv, Ukraine
- Relevant deals: 1
- Stages: Private Equity, Series A
- Focus: E-Commerce, Financial Services, Software

Horizon Capital is a private equity firm in Ukraine backed by over 40 institutional investors, managing funds with assets under management of over $1.1 billion and a tenure of 25 years in the region. The firm is an active, value-added growth equity investor, investing alongside visionary entrepreneurs leading transformational businesses in Ukraineand the near region. Our investment strategy focuses on export champions in technology, e-commerce and other innovative industries. We are known for our strong team, high integrity and governance, value creation and track record of successful investments.

## Vitaliy Biliy
- Type: Angel
- Location: Kiev, Kyyivs'ka Oblast', Ukraine
- Relevant deals: 1
- Stages: Seed
- Focus: Medical, Hospital, Health Care

Vitaliy Biliy

## Sergey Berezhnoy
- Type: Angel
- Location: Kyiv, Kyyiv, Ukraine
- Relevant deals: 1
- Stages: Seed
- Focus: Medical, Hospital, Health Care

Sergey Berezhnoy

## Myron Jarosewich
- Type: Angel
- Relevant deals: 1
- Stages: Seed
- Focus: Medical, Hospital, Health Care

Myron Jarosewich

## Peter Chernyshov
- Type: Angel
- Relevant deals: 1

Peter Chernyshov is the Vice President Eastern Europe of Carlsberg Group. He previously worked at Kyivstar as a President and CEO. Peter Chernyshov attended Ural State University named after A.M.Gorky.

## Dmytro Savienkov
- Type: Angel
- Location: Lviv, L'vivs'ka Oblast', Ukraine
- Relevant deals: 1
- Stages: Seed
- Focus: Medical, Hospital, Health Care

Dmytro Savienkov

## QPDigital
- Type: VC Fund
- Location: Kyiv, Kyyiv, Ukraine
- Relevant deals: 1
- Stages: Pre-Seed, Seed, Series A
- Focus: Software, Machine Learning, SaaS

Venture Capital Firm 2.0 focused on Deep Tech, It-logistics and Digital Healthcare industries.

## Maksym Demianiuk
- Type: Angel
- Relevant deals: 1
- Stages: Seed
- Focus: Health Care, Information Technology, Artificial Intelligence

Maksym Demianiuk is a former adviser to the head of the Ministry of Digital Affairs

## Mark Magajne
- Type: Angel
- Relevant deals: 1
- Stages: Seed
- Focus: Medical, Hospital, Health Care

Mark Magajne

## Anton Zheliabin
- Type: Angel
- Location: Dnepropetrovsk, Dnipropetrovs'ka Oblast', Ukraine
- Relevant deals: 1
- Stages: Seed
- Focus: Medical, Hospital, Health Care

Anton Zheliabin

## Michael French
- Type: Angel
- Relevant deals: 1
- Stages: Seed
- Focus: Medical, Hospital, Health Care

Michael French

## Sciety
- Type: VC Fund
- Location: Stockholm, Stockholms Lan, Sweden
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Health Care, Biotechnology, Pharmaceutical

Whether you are an investor seeking impactful returns or an entrepreneur looking to take your business to the next level, Sciety is your go-to partner. Join Sciety Venture Partners to invest in the most promising life science companies in the Nordics or get in touch to learn how we can help to turn your life science or health tech innovation into a thriving business.

## Michael Puzrakov
- Type: Angel
- Location: Lviv, L'vivs'ka Oblast', Ukraine
- Relevant deals: 1
- Stages: Seed, Series A, Convertible Note
- Focus: B2B, Brand Marketing, Artificial Intelligence

A degree holder in Applied Mathematics and Informatics, Michael brought to Intellias his administrative and operational experience of a Technical Director from a German-Ukrainian software development enterprise as well as his previous background in software engineering.Once at Intellias, Michael started with revving up the companyorganizational and business development, then eventually focused on operational management and corporate governance, holding the positions of COO and Board Chairman. As COO, Michael transforms business processes and optimizes management practices, which play a significant role for Intellias’ growth strategy. As Board Chairman, he ensures the fulfillment of business integration strategies, guiding the company forward with the core beliefs in balanced decision making, innovation, and fair partnership.

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