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The Venture Codex

Vesna Capital

Sichovykh Striltsiv Street, 23A, Kyiv, 04053, Ukraine

Overview

Vesna Capital is a Kyiv, Ukraine based venture capital firm. The firm is deploying its first fund – Vesna I, $10 million. The fund is sector-agnostic, focuses on startups from CEE and Nordic regions in pre-seed and seed stages. The check size is $50-200 thousand. Vesna Capital was founded by the successful Ukrainian entrepreneurs and innovators – Andriy Fedoriv, Viacheslav Klymov and Volodymyr Popereshniuk. Andriy is the game-changing marketing innovations expert and the founder of Fedoriv Agency. Viacheslav and Volodymyr are the founders of Nova Poshta, the leader and the benchmark of the logistics industry in Ukraine.

Total investments
7
Lead investments
1
Investments · 12mo
2
Active investors
0
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Investment portfolio

  • Embedd

    Participated · Seed · Aug 2026

    Embedd develops a platform that turns chip documentation into digital twins of hardware to accelerate software integration across devices such as robots, vehicles, drones and medical devices. The company says its platform reduces firmware and integration timelines from months to roughly three weeks and can deliver production-ready software for a given chip up to six times faster than manual processes. Embedd launched commercially in April 2026 and has already signed semiconductor customers, including Microchip Technology, to enable support for ecosystems like the Zephyr real-time operating system. The startup was founded by Ukrainian entrepreneurs Michael Lazarenko, Maxim Gorinov, and Valentin Gololobov, who previously ran a hardware company together. With the $2.7 million pre-seed funding led by Seedcamp, Embedd plans to expand its platform and deepen partnerships with semiconductor companies as it pursues broader adoption in robotics, automotive, manufacturing and medical device markets.

  • ForActive

    Participated · Seed · Jul 2026

    ForActive offers a platform purpose-built for solo and small-team sports businesses, providing recurring payments, attendance tracking, and communication tools to help independent trainers and small studio owners run their businesses. The company serves over 14,000 service providers across the U.S. and positions itself as an alternative to software built for large gym chains. Founders referenced in the coverage are Maciej Bieganski and Konrad Howard. ForActive intends to expand into new sports categories and scale its go-to-market efforts with the recently raised capital. The company also emphasizes a social-impact focus, supporting providers who bring movement, community, and opportunity to underserved neighborhoods. Financially, ForActive has just closed a $3.6M seed round led by Simpact Ventures with participation from BADideas.fund, The Explorer Fund, Pragmatech Ventures, Vesna Capital and Vestbee Angels.

  • Submix

    Participated · Seed · Jun 2024

    Submix.io is a San Francisco-based audio technology company led by CEO Paul Jeszenszky. Its platform enables musicians, producers, and audio professionals to create, share, and collaborate on music projects in real time regardless of tools, software, or operating platform. The company’s mission is to streamline remote collaboration for musicians, producers, and audio pros worldwide. Submix intends to use its new funding to expand operations and accelerate development efforts. Financially, the company recently raised $1M in a Pre-Seed round from outside backers. Backers of the round included Angel Invest Ventures, SCNE, TSIC (Tiny Supercomputer Investment Company), and Vesna Capital.

  • S.Lab

    Participated · Equity · Oct 2023

    S.Lab, founded in Ukraine in 2021 by Julia Bialetska and Eugene Tomilin, develops plant-based packaging using agricultural waste and mycelium. Its core material matches polystyrene in thermal insulation and water resistance but biodegrades in soil within 30 days. The company has proprietary, highly scalable production technology that integrates robotics and automation for plant-based packaging manufacture. S.Lab positions its solution as a full replacement for foamed plastic and targets clients from local businesses to multinational corporations. It plans to use recent funds to further develop and enhance its production technology and expand capacity to meet growing demand. Financially, S.Lab received $100,000 in equity-free funding and non-monetary support from Google for Startups Ukraine Support Fund. S.Lab manufactures biodegradable, plastic-free packaging molded from waste hemp stalks and mushroom mycelium that decomposes within a month in soil. Its products provide insulation and can be formed into boxes, trays, inserts and wraps for cosmetics, fashion, electronics, food and pharma customers. The founders, Yuliia Bialetska and Yevhen Tomilin, invested $40–50,000 of personal savings and initially reinvested early sales revenue; the startup also received small innovation grants. S.Lab launched in Kyiv, temporarily relocated the team to Spain after Russia’s full-scale invasion, and expanded sales research into Scandinavia, France, Spain, Portugal, Germany and Switzerland. EU sales now account for roughly 70–80% of revenue while Ukrainian clients are returning. The company is prioritizing capital investment to establish an automated production line to scale from hundreds to thousands of units monthly and aims to operationalize that line by the end of the year.

  • Deskree

    Participated · Seed · Sep 2023

    Deskree is a Canadian‑Ukrainian no-code tool that provides back-end infrastructure for developers. The company is led by founder Dmytro Grechko. Articles report strong user growth, though no specific metrics were provided. Deskree recently raised $1.5 million to support further user growth and product development. The announcement was shared on LinkedIn and linked to an exclusive interview by Silicon Canals. The team is described as strong and growth‑oriented. No revenue or other financial metrics were disclosed in the article.

Team

No current team members are available.