The Startup Ecosystem of Ukraine

Ukraine has 5 cities in the top 1000 and is the leading startup hub in Eastern Europe.

COUNTRY RANKING

Ukraine’s startup scene saw an increase in 2023 and jumped 1 spot from the previous year, outranking Hungary.

Population

36.5
Million

Regional Ranking

12th
0
In Eastern Europe

Global Ranking

49th
+
1
Worldwide

Ecosystem

Startup Ecosystem Overview

white and green tower during night time
As Ukraine stoically faces ongoing war, it is difficult to say what the after effects on the startup scene will be and how fast Ukraine will rebuild its physical and economic infrastructure. The country had been going through economic difficulties for several years before the war, but still managed to create an outstanding startup ecosystem that is both scalable and global. This attests to their talented and resilient workforce.
Some examples of impressive startups originating in Ukraine are People.ai, Grammarly, Gitlab, and Ahrefs, all with massive global member bases. A main reason for Ukraine’s success is the talent of their developers, who are sought after by many foreign companies, either remotely or in local development centers.
One major challenge that the Ukrainian startup ecosystem will be facing is, ironically, unprecedented support from other European nations that allows Ukranians to live and work in their countries for extended periods.This assistance is much needed in a time of war, but we can only hope that Ukranian tech and IT talent will come back home once the war is over, and forego relocating to their new host countries, so that we see Ukrainian ecosystems regain their previous strength. Ukrainian startups showed resilience and the vast majority are continuing their operations in the country. The war also impacted the growth of security-related industries, and the Ukraine Startup Fund supports projects that could be used during the war and for post-war modernization. The international business community is also coming together to show support for Ukrainian startups: Google launched the Ukraine Support Fund, the EU included for the first time ever targeted support for Ukraine in its Research & Innovation programme Horizon Europe, and Network VC (USA) established both a Special Venture Fund and a Support Ukrainian Startups program.
Prior to the war, the government and international organizations took notice of the Ukrainian startup economy potential, and although resources were scarce, some initiatives were taken to support growth. In 2019, Ukraine’s Startup Fund was established and a Strategic Vision for 2025 was developed. The strategy focused on supporting early-stage startups through funding and promoting access to support services, as well as to solidify globally-competitive incubation and acceleration programs. More than 200 startups were beneficiaries of this fund.
Ukraine has a difficult road ahead, but we hope to see the country’s startup ecosystems rise stronger. Innovation can come from necessity, and Ukraine will have to capitalize on all its assets to make sure the country and its economy are rebuilt.

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ECOSYSTEM

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Ecosystem

The Startup Ecosystem in Ukraine

Our startup ecosystem map for Ukraine includes a sample of 428 tech companies. We have identified as unicorns 2 startups that have passed the USD 1 billion valuations.

Global Rank

Ukraine is ranked within the top 50 startup ecosystems globally.

Top Industries

Ukraine’s startup scene is best represented in Software and Data, Marketing & Sales, and in and Foodtech.

Top Cities for Startups in Ukraine - Ranked by StartupBlink
StartupBlink ranks the startup ecosystems of 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
Rows:
2023 National Rank & Change ▲
Access subscores for 1000 cities and 100 countries
2023 National Rank & Change City
search leaderboards icon
Global Rank & ChangeTotal ScoreQuantity ScoreQuality ScoreBusiness Score
1st
0
77th
+
16
8.493
00.00
00.00
00.00
2nd
+
1
491st
+
258
0.518
00.00
00.00
00.00
3rd
-
1
750th
-
8
0.226
00.00
00.00
00.00
4th
0
762nd
+
93
0.217
00.00
00.00
00.00
5th
+
1
950th
new
0.131
00.00
00.00
00.00
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Startups

Notable Startups in Ukraine
Mobalytics startup icon
Mobalytics
Restream startup icon
Restream
HealthJoy startup icon
HealthJoy

Startups

Successful Software and Data startups in Ukraine
Mobalytics startup icon
Mobalytics
Let's Enhance startup icon
Let's Enhance
LetyShops startup icon
LetyShops

Startups

Startups Ranking by Industry

Software and Data icon
Software and Data
#31 worldwide

On our map, you can explore a total of 180 startups for Software and Data.

Marketing & Sales icon
Marketing & Sales
#40 worldwide

In Eastern Europe, Ukraine's Marketing & Sales is in top 40. Ukraine has a concentration of about 47 of the region's total Marketing & Sales startups that are represented on our map.

Foodtech icon
Foodtech
#42 worldwide

Ukraine's Foodtech is ranked 42nd in the world. Our database contains 42 for this industry.

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