About one third of Ukrainian startups reported significant difficulties in accessing funding. This data is included in the report Ukrainian Startup Ecosystem 2025, which surveyed 107 representatives of the national startup industry. According to the results, 30.04% of respondents indicated the lack of access to investment capital as the main problem for further development.
This is reported by Business • Media
Main Challenges for Ukrainian Innovative Teams
Among other significant obstacles, startups cite difficulties with international expansion: 20.16% of respondents noted that entering global markets and scaling abroad remains a challenging task. The third most important challenge identified was the shortage of qualified personnel — 15.64% of respondents faced issues in recruiting specialists. The impact of the political situation and the war in Ukraine is also felt: 14.4% of respondents indicated these factors as significant for their business.
Somewhat less frequently mentioned were the lack of support from local authorities or regulatory difficulties — these issues were noted by 8.23% of survey participants. A small percentage of startups face a lack of mentoring support (4.12%), technological or infrastructure challenges (3.29%), and disruptions in supply chains (2.06%).
Seeking Funding and Assessing Changes in the Industry
Over the past year, 78.5% of startup teams actively sought investments. Of these, 39.25% were able to attract funding, while the same proportion of startups did not find investors. Meanwhile, 21.5% of respondents did not engage in seeking money for their projects at all.
“Despite financial difficulties, 69.16% believe that the situation this year has generally been better than last year, while only 3.74% assessed the changes negatively.”