The first Ukrainian fund Ruta.vc, which will invest in the sport tech sector, was launched in Ukraine. The fund will focus on software and hardware projects at the pre-seed and seed stages. The future check amounts are yet undisclosed.
The fund’s team includes two people: Dmytro Bondarenko, the general partner of Ruta.vc, who is also the general director of the LIGA group of companies, and Olena Pshenychna, the managing partner, an entrepreneur, and business angel.
The fund will focus on software and hardware projects at the pre-seed and seed stages, that is, already showing sales. Partners of the fund will also provide mentoring and incubation assistance.
Ruta’s team didn’t disclose specific check amounts. According to its website, $22 million was invested in sport tech across nine projects.