
ICU Ventures
Description
ICU Ventures is the venture capital arm of ICU Group, a prominent independent financial group based in Ukraine. Established with a clear mandate to foster innovation within the region, ICU Ventures primarily focuses its investments on early-stage technology companies. The fund targets businesses at the Seed and Series A stages, demonstrating a commitment to supporting startups through their critical initial growth phases. A distinctive aspect of their investment strategy is a strong preference for companies with Ukrainian founders or those conducting significant research and development activities within Ukraine. This strategic focus underscores their dedication to developing the local tech ecosystem and leveraging the country's talent pool.
The firm positions itself as more than just a capital provider, aiming to be a strategic partner for its portfolio companies. Beyond financial backing, ICU Ventures offers access to its extensive network, industry expertise, and operational guidance, helping startups navigate challenges and accelerate their growth. Their investment philosophy emphasizes long-term partnerships and a hands-on approach to value creation. With a track record that includes approximately 11 investments to date, ICU Ventures plays a crucial role in bridging the funding gap for promising Ukrainian tech enterprises, helping them scale globally.
ICU Ventures typically deploys initial checks ranging from $500,000 to $5,000,000. This range allows them to accommodate a diverse set of early-stage needs, from initial product development and market entry to scaling operations. Their portfolio spans various tech sectors, reflecting a broad interest in disruptive technologies and scalable business models. The fund's commitment to the Ukrainian tech scene is evident in its consistent investment activity, aiming to build a robust and resilient innovation landscape despite geopolitical challenges. Their strategic investments are vital for nurturing the next generation of Ukrainian tech leaders and fostering economic growth.
Investor Profile
ICU Ventures has backed more than 32 startups, with 1 new investments in the last 12 months alone. The firm has led 4 rounds, about 13% of its total and boasts 2 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series A, Seed, Convertible Note rounds (top funding stages).
- Majority of deals are located in United States, United Kingdom, Pakistan.
- Strong thematic focus on Software, Financial Services, Artificial Intelligence (AI).
- Typical check size: $500K – $5M.
Stage Focus
- Series A (31%)
- Seed (25%)
- Convertible Note (16%)
- Series Unknown (13%)
- Series C (9%)
- Series B (6%)
Country Focus
- United States (44%)
- United Kingdom (13%)
- Pakistan (9%)
- Germany (6%)
- Ukraine (6%)
- Singapore (6%)
- United Arab Emirates (3%)
- Brazil (3%)
- Indonesia (3%)
- Bangladesh (3%)
Industry Focus
- Software
- Financial Services
- Artificial Intelligence (Ai)
- Information Technology
- Fintech
- Analytics
- E-commerce
- Machine Learning
- Saas
- Mobile Payments
Frequently Asked Questions
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