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Blue Lake Ukraine Investment Manifesto

Updated: Mar 24, 2022





We at Blue Lake are wanderers between two worlds. Our roots are in Ukraine, our present is in Europe, especially in the United Kingdom. We have been working with the Ukrainian ecosystem for ten years, and for the last three years, we have have been investing in the most promising Ukrainian startups.


The war in Ukraine has scattered the once-bustling startup ecosystem with Ukrainian founders like never before will becoming parts of European and the UK tech communities.


While facing obvious challenges, International focus, inbuilt resilience and world class technical skills will allow many Ukrainian startups to survive and emerge stronger from this crisis.


Not surprisingly, one of the most significant challenges is funding. For the most part, the traditional European VC investors are not well placed to support these startups lacking the relationships and accurate understanding of the risks involved.


Investing in Ukrainian startups now delivers a unique combination of impact, sustainability and potential returns. At Blue Lake will be leveraging our experience launching a dedicated Ukrainian startup investment vehicle to invest at early stage Ukrainian startups in the Ukraine, EU and the UK.

If you would like to know more, please feel free to contact me david@bluelakevc.com


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