The war changed this Ukrainian fund’s investment plans — but its team has come back to work

Ukrainian tech blog AIN met Nikita Izmaylov, founder of Ukrainian investment fund N1, which targets on fintech and crypto startups at the early stage. Izmaylov shared insights about his fund, the portfolio companies, and the challenges they have faced since the war broke out in February. 

N1’s plans to invest some $5 million in four or five startups “went to hell” after February 24. “For the first two months, there was no work at all, the fund’s employees were engaged in volunteering, helping the [army] and refugees abroad as much as they could,” Izmaylov recalls. By the summer, it became clear that they could not continue that way for ever, and the team began returning to work. 

The war changed this Ukrainian fund’s investment plans — but its team has come back to workRead More