Diia.City Invest will be a new tool for funding defence startups
The Ministry of Digital Transformation, in collaboration with the National Securities and Stock Market Commission, has finalized the Diia.City Invest concept – a streamlined solution for establishing investment funds in Ukraine. The initiative aims to enable the quick setup of venture capital funds, allowing them to invest in startups, including those in the defence sector.
Under the potential Diia.City Invest framework, a venture capital fund can be established within a week with an initial capital of up to €20 million, with the potential to scale up to €50 million. The number of investors in each fund will be capped at 20, ensuring a flexible and efficient structure. The primary investment focus will be on technology startups, driving innovation in key sectors.
By facilitating the rapid creation of investment funds, Diia.City Invest is set to stimulate the growth of cutting-edge technology ventures, strengthening Ukraine’s startup ecosystem and advancing its defence capabilities.