Fundraising Fox

ICU Ventures

Corporate VC

Kyiv · Seed–Late Stage · 3 people tracked

Fox Verdict
Sign up to see your fit

Investment thesis

ICU Ventures backs ambitious founders building breakthrough companies across emerging markets, believing technology can unlock the hidden potential of these markets. Since 2018 it has made over 30 investments across four continents, with check sizes ranging by stage. Its strategy centers on two areas: global software - where it favors deep tech, mobility and enterprise software, often partnering with founders rooted in Eastern Europe - and emerging markets fintech, backing companies offering credit and financial services to populations in Asia, Africa and Latin America, as well as those building next-generation financial infrastructure for these growing markets. It offers founders capital plus access to its global network.

Source: firm website, verified Aug 3, 2026.

Stage
Seed–Late Stage
Check
$200K – $5M
HQ
Kyiv, UA
Instruments
Equity
Founded
2018
Tracked investments
20

Team · 3 people

from the firm's website

What they invest in

from 7 of 20 portfolio companies

AI & Machine Learning ×4SaaS ×3Consumer ×2Fintech ×2B2B Marketplaces ×1Creator Economy ×1Gaming ×1Hardware ×1

HQs:United States×2United Kingdom×1Indonesia×1Singapore×1Ukraine×1

Investments · 20 tracked

founders shown can be your intro path
3DLOOK
Adwisely
Akulakuakulaku.comin𝕏

Akulaku is a payment and digital banking solutions platform serving 33 million customers, offering payment processing, digital banking services, and free shop setup with dedicated traffic support.

B2B MarketplacesFintech

Co-investorsArbor VenturesCapria VenturesDCM VenturesEight Roads VenturesQiming Venture PartnersShunwei Capital+1 more

C8
Competeracompetera.netin𝕏

Competera provides an AI-based pricing platform for retailers to set and optimize product prices.

AI & Machine LearningRetail TechSaaS

Co-investorsFlyer One VenturesGeek VenturesGranada FundsStratMindsVerras Capital LP

Datrics
Finja
Gorillas
Grabr

San Francisco, US

Daria Rebenok(Executive Officer, Director)Artem Fedyaev(Executive Officer, Director)Andrew Saxe(Executive Officer)Savva Mikhalevski(Executive Officer)

Co-investorsFoundation CapitalGlobal Founders Capital

Hubpay
Jenfijenfi.comin𝕏

Jenfi offers revenue-based financing to digital businesses across Asia, tying repayment obligations to customer revenue.

FintechSingapore, SG

Jeffrey Liu(Founder)inJustin Louie(Founder)in

Co-investorsTaurus VenturesY CombinatorKorea Investment PartnersMonk's Hill Ventures

Khazna
Laundryheaplaundryheap.co.ukin

Laundry Heap offers on-demand laundry and dry cleaning services with pickup and delivery in the United Kingdom.

ConsumerMarketplacesUnited Kingdom, GB

Co-investorsQVenturesThe SidebySide Partnership

Nagad
Petcubepetcube.comin𝕏

Petcube makes internet-connected pet devices, starting with pet cameras, and operates a platform for curated pet products that use data analytics to provide insights into pet health and behavior.

AI & Machine LearningConsumerHardwareIoTSan Francisco, US

Yaroslav Azhnyuk(Founder/CEO)inAndriy Klen(Founder/Chief Design Officer)inAlex (Sasha) Neskin(Founder/CTO)in

Co-investors408 VenturesAVentures CapitalCabra VCY CombinatorAlmaz Capital

Playermaker
Respeecherrespeecher.comin𝕏

Respeecher develops proprietary deep learning technology to create high-quality synthetic speech for filmmakers, game developers, advertisers, podcasters, and content creators.

AI & Machine LearningCreator EconomyGamingMedia & EntertainmentSaaSKyiv, UA

Oleksandr Serduik(Executive Officer, Director, Promoter)Grant Reaber(Executive Officer, Director, Promoter)Alex Serdiuk(Founder)in

BoardJohn Frankel(Director)

Co-investorsBADideas.fundCathexis VenturesDniproHartmann CapitalSID Venture PartnersTechstars+2 more

Revenue Gridrevenuegrid.comin𝕏

Revenue Grid is a relationship intelligence platform that automatically captures and syncs client interactions (emails, meetings, contacts, documents) into Salesforce and applies AI agents to surface risks, opportunities, and next best actions.

AI & Machine LearningSaaSSales Tech

Eric Holmen(CEO)

SmartCommerce
TRAX

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has ICU Ventures made?
ICU Ventures has 20 tracked investments.
What stage does ICU Ventures invest at?
ICU Ventures invests at the Seed, Series A, Series B, Late Stage stages.
What is ICU Ventures's typical check size?
ICU Ventures typically writes checks of $200K – $5M.
What sectors does ICU Ventures focus on?
ICU Ventures focuses on Cloud Computing, Deep Tech, Enterprise Software, Fintech, Mobility & Transportation, SaaS.
Where is ICU Ventures located?
ICU Ventures is headquartered in Kyiv, UA.
Who does ICU Ventures co-invest with?
ICU Ventures most often shares deals with Y Combinator, DCM Ventures, Eight Roads Ventures, among 24 tracked co-investors.

Media · Podcasts & interviews

featuring the team

Roman Nikitov – Co-Head of ICU Ventures. Being there for a startup. | VC Secrets

Startup Inc · Roman Nikitov

🧭 ЩО ПО КУРСУ: заруба долар vs гривня, економіка (не)росте, як обрати ОВДП

ICU

10% річних в доларі, унікальна локація, 33 номери та ресторан - все про готель УЛІС Ворохта

ICU

Що змінилося в ICU Trade 2.0 — новий додаток, більше функцій, ширша лінійка інструментів

ICU

Images

ICU Ventures photo

Similar investors

Featured in lists