Angel One launches its first $1.5M venture investment fund in Ukraine
The new angel investment venture fund was launched in Ukraine to support Ukrainian startups on a pre-seed stage. As the fund representatives informed AIN.Capital, Angel One Fund has already raised $1.5 million and will continue to raise funding across Ukraine, as well as worldwide.
- The angel venture fund Angel One was established by the UKU Foundation (Ukrainian Catholic University). Ukrainian-American economist of Ukrainian origin Adrian Slyvotskyi has become one of the LPs and members of the Angel One Advisory Board.
- The fund will focus on startups in fintech, SaaS, AI/ML, with plans to close a third part of all deals in edtech.
- The average ticket size will be from $50,000 up to $200,000 per company.
- Angel One will accompany startups throughout the entire period of their development. The fund will provide the necessary capital, contacts with the business and venture communities, management and marketing expertise to bring products and services to global markets.
- Angel One will work closely with founders to help them progress to the next round of funding and beyond.
“Over the past few years, we have been watching the Ukrainian startup industry growing rapidly. More and more Ukrainian startups are becoming successful on global markets. This inspires young people to create their own startups and launch their products. And we believe that investments at the earliest stages (pre-seed) are exactly what our startup ecosystem lacks. Angel One was created with this mission to help startups grow and enter global markets,”Ivan Petrenko, Managing Partner of Angel One, says.