Kyiv makes games the world plays. S.T.A.L.K.E.R. 2 shipped from here. Mobile studios and art houses keep growing. A handful of VCs and funds back them. Here are 11 investors funding Kyiv gamedev in 2026.
Kyiv has built games here for over two decades now. S.T.A.L.K.E.R. 2 shipped from a hardened Kyiv studio.
Mobile and free-to-play drive most of the gaming money. Art and outsourcing studios run very deep here too.
The funds that back local gamedev are easy to list. Roosh even builds and runs several of its own studios.
You will pitch several of these funds in one cycle. Ellty keeps every build and pitch deck behind one link.
| Type | Check size | Sector focus | Website | |
|---|---|---|---|---|
| Roosh Ventures | VC (Kyiv) | Pre-seed-Series A | Gaming, AI, SaaS | roosh.vc |
| Genesis Investments | VC (Kyiv) | $100K+ | Mobile games, apps | |
| SMRK VC | VC (Kyiv) | $0.5M-1.5M | Games, IT products | smrk.vc |
| Flyer One Ventures | VC (Kyiv) | Up to $1.5M | Gaming, SaaS | flyerone.vc |
| TA Ventures | VC (Kyiv) | $300K-1.5M | Gaming, consumer | taventures.vc |
| Vesna Capital | VC / family office | $500K-1M | Gaming, consumer | vesna.capital |
| AVentures Capital | VC (Kyiv) | Seed-Series A | Gaming, consumer tech | aventurescapital.com |
| ICU Ventures | Corporate VC (Kyiv) | $200K-5M | Gaming, deep tech | icu.ua |
| ua.ventures | Angel network | Angel tickets | Gaming, software | ua.ventures |
| Ukrainian Startup Fund | State fund (Kyiv) | $25K-50K grants | Gaming, pre-seed | usf.com.ua |
| Bitkraft Ventures | VC (global) | Seed-Series A | Gaming, Web3 | bitkraft.vc |
Run your gamedev raise from one link
Ellty shows which VC opened your deck, so you follow up first, not late.
Start free 14-day trialWhat a gaming investor backs
They back real retention, not just a fun first demo. Players have to keep coming back, day after day here.
Strong live metrics beat any polished trailer here. Show your installs, D30 retention and live revenue.
Most of them back mobile and free-to-play games first. Premium PC and console titles tend to raise less often.
See our Kyiv cybersecurity investors list for more. Ellty shows exactly which partner opened your build.
The world will be divided into two categories: those who write algorithms and invent new ones, and those who simply use them in everyday life.
11 Kyiv gamedev investors
1. Roosh Ventures
A Kyiv VC that even runs its own in-house gaming studios.
Recent Activity: Runs Roosh game studios and venture arm
LinkedIn: Roosh Ventures on LinkedIn
Sector Focus: Gaming, AI, SaaS
Stage Focus: Pre-seed, Series A
Check Size: Pre-seed-Series A
Location: Kyiv, Ukraine
Website: roosh.vc
2. Genesis Investments
The VC arm of Kyiv tech group Genesis, since 2018.
Recent Activity: Seed backer of mobile apps and games
LinkedIn: Genesis Investments on LinkedIn
Sector Focus: Mobile games, apps
Stage Focus: Seed
Check Size: $100K+
Location: Kyiv, Ukraine
Website: Genesis Investments on LinkedIn
3. SMRK VC
A Kyiv seed fund backing games and other IT products.
Recent Activity: Backs games and IT products from Kyiv
LinkedIn: Andriy Dovzhenko (SMRK) on LinkedIn
Sector Focus: Games, IT products
Stage Focus: Seed, Series A
Check Size: $0.5M-1.5M
Location: Kyiv, Ukraine
Website: smrk.vc
4. Flyer One Ventures
A Kyiv fund with gaming sitting in its core thesis.
Recent Activity: Gaming is part of its Fund V thesis
LinkedIn: Flyer One Ventures on LinkedIn
Sector Focus: Gaming, SaaS
Stage Focus: Pre-seed, seed
Check Size: Up to $1.5M
Location: Kyiv, Ukraine
Website: flyerone.vc
5. TA Ventures
An early Kyiv backer of games and consumer apps too.
Recent Activity: Active CEE gaming and consumer investor
LinkedIn: TA Ventures on LinkedIn
Sector Focus: Gaming, consumer
Stage Focus: Seed, Series A
Check Size: $300K-1.5M
Location: Kyiv, Ukraine
Website: taventures.vc
6. Vesna Capital
The Nova Poshta founders' fund, now open to games.
Recent Activity: Nova Poshta founders' fund, ~$5M deployed
LinkedIn: Vesna Capital on LinkedIn
Sector Focus: Gaming, consumer
Stage Focus: Seed, Series A
Check Size: $500K-1M
Location: Kyiv, Ukraine
Website: vesna.capital
Send each gaming fund a tracked link
Ellty logs every open and read. Chase the keen funds first, not days too late.
Start free 14-day trial7. AVentures Capital
A Kyiv VC backing gaming and broader consumer tech.
Recent Activity: Publishes the annual Dealbook of Ukraine
LinkedIn: AVentures Capital on LinkedIn
Sector Focus: Gaming, consumer tech
Stage Focus: Seed, Series A
Check Size: Seed-Series A
Location: Kyiv, Ukraine
Website: aventurescapital.com
8. ICU Ventures
The venture arm of the Kyiv finance group called ICU.
Recent Activity: 30+ deep-tech and consumer investments
LinkedIn: ICU Ventures on LinkedIn
Sector Focus: Gaming, deep tech
Stage Focus: Seed, Series A
Check Size: $200K-5M
Location: Kyiv, Ukraine
Website: icu.ua
9. ua.ventures
A network of German angels backing Ukrainian teams.
Recent Activity: German angels funding Ukrainian teams
LinkedIn: Michael Hübner (ua.ventures) on LinkedIn
Sector Focus: Gaming, software
Stage Focus: Pre-seed, seed
Check Size: Angel tickets
Location: Germany and Ukraine
Website: ua.ventures
10. Ukrainian Startup Fund
The state fund handing pre-seed grants to studios.
Recent Activity: Granted $475K to 13 startups recently
LinkedIn: Ukrainian Startup Fund on LinkedIn
Sector Focus: Gaming, pre-seed
Stage Focus: Pre-seed, seed
Check Size: $25K-50K grants
Location: Kyiv, Ukraine
Website: usf.com.ua
11. Bitkraft Ventures
A global gaming fund that backs studios worldwide.
Recent Activity: Backs 125+ gaming startups worldwide
LinkedIn: Bitkraft Ventures on LinkedIn
Sector Focus: Gaming, Web3
Stage Focus: Seed, Series A
Check Size: Seed-Series A
Location: Global
Website: bitkraft.vc
Kyiv ships world-class game studios
Kyiv studios built S.T.A.L.K.E.R. and the Metro roots. That deep pedigree pulls serious investor interest.
Big local studios train the next wave of founders. Many leads spin out and start their own new studios.
A really polished pitch deck wins that first call. Ellty shows who actually reads it through to the end.
Watch for the red flags that gaming funds dig into. Clean studios tend to close their rounds much faster.
Mobile and free-to-play lead deals
Mobile free-to-play scales to millions of users fast. That steep growth curve is exactly what VCs chase.
Live-ops and in-game ads drive most of the revenue. Founders tune their funnels almost every single week.
Capture early player demand with strong lead capture. Ellty tracks each fund that reads your live numbers.
Plan the whole raise with a clear fundraising path. Stack the soft commitments into a single tight round.
Art and talent run deep here
Kyiv art studios serve studios across the whole world. Outsourcing built deep, affordable art talent here.
That local talent really lowers a studio's burn rate. Investors clearly like the longer cash runway here.
Share your builds safely with secure file sharing. Ellty keeps every game asset in a single secure place.
Prep answers with our due diligence questions guide. Ready studios win real investor trust much faster.
How to pitch a gaming investor
Lead with retention, not the art.
- 1.Lead with retention, not the art.Show players coming back daily.
- 2.Prove your live game metrics.Share installs, D30 and revenue.
- 3.Explain your live-ops and roadmap.Show how the game keeps earning.
- 4.Send one Ellty link to your data room.See which fund reads to the end.
How Ellty helps you land a gaming investor in Kyiv
Your Kyiv investor list is ready. Set up a data room before the first call.
- 1.Upload your build, metrics and roadmap.Keep every game file in one room.
- 2.Send each fund a unique tracked link.Set view and download rights per fund.
- 3.Watch opens and follow up on time.Chase the funds that read to the end.
Kyiv gamedev fundraising questions
- Local VCs, funds and gaming angels. Some global money.
- Often $200K to $5M at seed. Growth funds write more.
- Strong retention and live metrics. Not just art.
- Often yes, free-to-play scales. Premium lags.
- Yes, GSC Game World built it. It sold millions.
- Before your first VC call. Track who reads your deck.
