the Ukrainian VC Summit recap

"Insights from the Ukrainian PE & VC Summit: A Perspective from Flyer One Ventures"

F1V General Partner Vital Laptenok recently participated in a panel discussion at the Ukrainian PE & VC Summit in Warsaw. Alongside other esteemed participants, they delved into the state of the Ukrainian investment community. Here are the key takeaways:

• The Ukrainian economy has shown resilience over the years, continuing to attract funding despite ongoing challenges.

• In the past five years, Ukrainian startups have seen significant growth, with the value increasing sevenfold. Two startups have achieved unicorn status, and a third successfully raised funds during wartime.

• Despite the adversities of war, only 14% of Ukrainian startups faced closure, highlighting the sector's robustness.

• Ukrainian VC funds remain attractive to foreign LPs, with continued interest and investment despite some withdrawals in recent years.