Why we're here
To help Ukraine's economy recover and grow from within, by keeping its best companies, and the people who build them, at home, where they belong.
We back Ukraine’s best companies with the capital and partners to win the world.
To help Ukraine's economy recover and grow from within, by keeping its best companies, and the people who build them, at home, where they belong.
As operators, not investors. The real value happens between the board meetings, not in them. We're loyal to the company's success over any ego, and we help build the company, not just fund it.
We're here for the long term, not the quick exit. We back companies built to last, and help shape a stronger Ukraine for the generations to come.
High in the Carpathians, shepherds kept a vatra, a living fire, burning all season. When they moved the flock, they carried an ember from it, so the next fire was always lit from the same source. Letting it go out meant losing the season’s warmth and its gathering point, so it was never allowed to die.
That is the fund. We keep Ukraine’s fire lit, and carry the ember forward, to the next round and the next founder.
Vatra Group is a Ukrainian-led venture fund, run by operators who have built companies themselves, and who understand what it takes to build one in Ukraine.
Ukraine is full of opportunity, and we know where to find it. An operator-led team on the ground, backing only the best companies, giving investors a trusted way in.
World-class companies can be built in Ukraine, and win anywhere. We back founders with the capital and connections to reach global markets, so they can build, grow, and become the best at what they do.

Whether you’re a Ukrainian founder or an investor looking to explore Ukraine’s opportunities, we’d love to hear from you.
hello@vatragroup.com