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Top 10 Medical Startup Investors in Ukraine (May 2026)

The most active venture capital funds and angel investors investing in Ukraine Medical startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Ukraine Medical startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Ukrainian Startup Fund
VC Fund
4 Ukraine, United States, Estonia Pre-Seed, Seed, Grant Software, Information Technology, SaaS $25k–$50k
Flyer One Ventures
VC Fund
2 United States, Cyprus, United Kingdom Seed, Series A, Pre-Seed Software, Education, Artificial Intelligence $350k–$10M
TA Ventures
VC Fund
2 United States, Germany, India Seed, Series A E-Commerce, Software, Internet $350k–$14M
Michael French
Angel
1 Ukraine Seed Medical, Hospital, Health Care
Myron Jarosewich
Angel
1 Ukraine Seed Medical, Hospital, Health Care
Mark Magajne
Angel
1 Ukraine Seed Medical, Hospital, Health Care
Vitaliy Biliy
Angel
1 Ukraine Seed Medical, Hospital, Health Care
Farmak
VC Fund
1 Ukraine, Estonia, United States Seed, Pre-Seed Health Care, Medical, Mobile
Peter Chernyshov
Angel
1
Michael Puzrakov
Angel
1 United States, Ukraine Seed, Series A, Convertible Note B2B, Brand Marketing, Artificial Intelligence $200k–$3.4M
Access all 18 investors in Ukraine Medical startups.

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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Ukrainian Startup Fund
VC Fund · Kyiv, Kyyiv, Ukraine · 4 investments in Ukraine Medical startups

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).

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Pre-Seed, Seed, Grant
  • Geography: Ukraine, United States, Estonia

Investor stats

  • Total investments: 60
  • Round size: Seed $50k–$50k; Grant $25k–$50k; Pre-Seed $25k–$50k
  • Lead/follow: 90% lead, 10% follow

Portfolio highlights

  • Imabys — Imabys - Influence marketing by subscription
  • AssayMe — AssayMe App helps you measure and interpret 10 important parameters of your body in just 2 minutes. Click on any test button on the menu to learn more about possible risks of being outside of a normal range of values for a particular indicator.
  • Recoshelf — Recoshelf is RetailTech SAAS company that helps retailers and suppliers to increase sales by 5-6%. With our IoT and AI tools we provide precise information about the product availability on the shelf, type of product, conditions and price competitiveness. Also we free employees from routine processes like manual audits, checks of price tags, promosand planogram. Thus we cut personnel costs and dramatically increase business process efficiency, customers loyalty and management control.
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Flyer One Ventures
VC Fund · Kiev, Kyyivs'ka Oblast', Ukraine · 2 investments in Ukraine Medical startups

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.

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Investment focus

  • Industry: Software, Education, Artificial Intelligence
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Cyprus, United Kingdom

Investor stats

  • Total investments: 43
  • Round size: Seed $550k–$2.5M; Pre-Seed $350k–$1.3M; Series A $500k–$10M
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • 99math — 99math is e-sports in school math! Global online tournaments for kids. They get excited and start achieving in math.
  • Peech — text to speech
  • Cooper Pet Care — Cooper Pet Care - Compare and buy the best pet insurance at lowest price. Give your pet the protection they need.
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TA Ventures
VC Fund · Frankfurt, Hessen, Germany · 2 investments in Ukraine Medical startups

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.

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Investment focus

  • Industry: E-Commerce, Software, Internet
  • Stage:Seed, Series A
  • Geography: United States, Germany, India

Investor stats

  • Total investments: 135
  • Round size: Seed $350k–$5M; Series A $2.3M–$14M
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • Giza — Giza changes this by using zero-knowledge cryptography to bring model inferencing on-chain, unlocking a new depth for smart contract design.
  • Utorg — Utorg is a fintech company that offers а modern on/off-ramp and web3 consumer infrastructure to deliver а top-notch user experience. The company is EU-based and holds a license for providing a virtual currency service, in particular exchanging a virtual currency against fiat currency, virtual currency wallet service, and exchanging virtualcurrency against a virtual currency.Utorg was founded in 2020 and is based in Tallinn, Estonia.
  • Cube3.ai — CUBE3.AI is a web3 security platform that provides real-time transaction protection for smart contracts, safeguarding against cyber exploits, fraud, and compliance risks.
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Michael French
Angel · 1 investments in Ukraine Medical startups

Michael French

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Investment focus

  • Industry: Medical, Hospital, Health Care
  • Stage:Seed
  • Geography: Ukraine

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • ComeBack Mobility — Smart Crutch Tips & Mobile apps is a dynamic tool to instruct correct weight-bearing and monitor patient compliance throughout the entire rehabilitation period
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Myron Jarosewich
Angel · 1 investments in Ukraine Medical startups

Myron Jarosewich

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Investment focus

  • Industry: Medical, Hospital, Health Care
  • Stage:Seed
  • Geography: Ukraine

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • ComeBack Mobility — Smart Crutch Tips & Mobile apps is a dynamic tool to instruct correct weight-bearing and monitor patient compliance throughout the entire rehabilitation period
Show all investments...

Mark Magajne
Angel · 1 investments in Ukraine Medical startups

Mark Magajne

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Investment focus

  • Industry: Medical, Hospital, Health Care
  • Stage:Seed
  • Geography: Ukraine

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • ComeBack Mobility — Smart Crutch Tips & Mobile apps is a dynamic tool to instruct correct weight-bearing and monitor patient compliance throughout the entire rehabilitation period
Show all investments...

Vitaliy Biliy
Angel · Kiev, Kyyivs'ka Oblast', Ukraine · 1 investments in Ukraine Medical startups

Vitaliy Biliy

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Investment focus

  • Industry: Medical, Hospital, Health Care
  • Stage:Seed
  • Geography: Ukraine

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • ComeBack Mobility — Smart Crutch Tips & Mobile apps is a dynamic tool to instruct correct weight-bearing and monitor patient compliance throughout the entire rehabilitation period
Show all investments...

Farmak
VC Fund · Kyiv, Kyyiv, Ukraine · 1 investments in Ukraine Medical startups

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.

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Investment focus

  • Industry: Health Care, Medical, Mobile
  • Stage:Seed, Pre-Seed
  • Geography: Ukraine, Estonia, United States

Investor stats

  • Total investments: 4
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Altris.AI — AI for Ophthalmology & Optometry is the future of eye care. It will set high diagnostic standards for the industry and bring better patient outcome as a result. Together we will solve the preventable blindness problem.
  • DrugCards — Local literature screening will be under control with DrugCard. It's: continuous, regular, transparent, multi-language, and cost-effective.
  • ComeBack Mobility — Smart Crutch Tips & Mobile apps is a dynamic tool to instruct correct weight-bearing and monitor patient compliance throughout the entire rehabilitation period
Show all investments...

Peter Chernyshov
Angel · 1 investments in Ukraine Medical startups

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.

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Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • ComeBack Mobility — Smart Crutch Tips & Mobile apps is a dynamic tool to instruct correct weight-bearing and monitor patient compliance throughout the entire rehabilitation period
Show all investments...

Michael Puzrakov
Angel · Lviv, L'vivs'ka Oblast', Ukraine · 1 investments in Ukraine Medical startups

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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Investment focus

  • Industry: B2B, Brand Marketing, Artificial Intelligence
  • Stage:Seed, Series A, Convertible Note
  • Geography: United States, Ukraine

Investor stats

  • Total investments: 8
  • Round size: Seed $200k–$3.4M
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • 3DLOOK — 3DLOOK is the global leader in AI-first mobile body scanning solutions enabling brands to virtually replace the entire in-store fitting room experience.
  • Influ2 — Influ2 is the first person-based marketing platform, pioneering a new approach to account-based marketing. The solution empowers B2B marketers to target chosen decision-makers, capture their intent, and track engagement at the individual level. The company has 75+ enterprise and medium-sized clients globally, including Fortune 500 B2B enterprisessuch as NVIDIA, Capgemini, and Episerver. Influ2 runs offices in NY and CA, with 50+ employees on board. With Influ2, every user’s engagement is identified. Having this information helps B2B marketers develop more thoughtful and engaging campaigns that result in a 4-7x increase in leads. Influ2 platform allows users to build an audience, upload personalized messages & visuals, and monitor all the interactions on both account and individual levels The behavioral scoring model identifies leads before they submit a lead form. Influ2 includes a person tracker, so marketers can see everyone who has interacted with their campaign by name, company, and other related data. The solution is compatible with Salesforce, HubSpot, Marketo, Creatio, Outreach, ActiveCampaign, and many other CRM and marketing automation platforms.
  • Liki24 — Liki24 is a logistics company that features a software platform that utilizes deep integration with partner pharmacies, clinics, and insurance companies. Its software is designed for logistics team coordination, task management, and data management.
Show all investments...

Medical Investor funding in Ukraine at a glance

Stats across 10 deals from 18 investors.

18
investors
in Ukraine Medical startups
10
deals
in Ukraine Medical startups
$263k
median round
in Ukraine Medical startups
61%
lead investors
lead at least one round
30%
Pre-Seed
most common funding stage
50/50
VC / Angel
share of investor count

Access all 18 investors in Ukraine Medical startups.

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