Tech

The angel venture fund Angel One, created by the UCU Foundation, has started operating in Ukraine.

Monday, October 31, 2022
The angel venture fund Angel One, created by the UCU Foundation, has started operating in Ukraine.

The fund was launched with $1.5M in equity capital and will continue fundraising in Ukraine and around the world. Angel One will invest in Ukrainian startups at the pre-seed and seed stages, writes AIN.UA. Startup investments will range from $50,000 to $200,000. The focus will be on industries such as FinTech, SaaS, EdTech, and AI/ML. However, a third of the investment will be directed to Edtech startups and those seeking to impact solving global problems significantly. Angel One will accompany startups throughout their development: provide necessary capital, contacts with business and venture communities, and expertise in management and marketing to introduce products and services to global markets.

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