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// STARTUP AUTOPSIES · COUNTRY

Startup Failures in Ukraine

14 startup autopsies from Ukraine. Each includes the exact cause of failure, verified financial data, and the documented failure pattern.

14 autopsies · newest deaths first

Reface AI

100M downloads, a war, and Snapchat copying your feature — Reface couldn't survive all three.

Slow Death

EPAM Ukraine Engineering Hub

saasUkraine2022

$100M spent evacuating 14,000 engineers — war invoiced what clients wouldn't.

Mass Layoff Spiral

Ajax Systems Ukraine

hardwareUkraine2022

Ukraine's $1B security hardware unicorn lost its factory to blackouts, not bullets.

Market Exit

Preply Ukraine Operations

edtechUkraine2022

Kyiv gave it life; war gave it a one-way ticket to Barcelona.

Market Exit

Uklon

mobilityUkraine2022

Ukraine's own Uber survived Maidan but couldn't outlast Mariupol's fall.

Zombie Startup

AXDRAFT

legaltechUkraine2022

Ukrainian contract automation survived a war only to be absorbed in a distressed acquisition.

Regulatory Kill

Competera Ukraine R&D

AI pricing genius built in Kyiv, dismantled by missiles and sanctions.

Market Exit

Jiji Ukraine

ecommerceUkraine2022

Ukraine's busiest classifieds platform silenced by artillery fire.

Silent Shutdown

Rozetka Logistics

logisticsUkraine2022

Built to deliver in Ukraine — destroyed before it could scale.

Sudden Collapse

IvanaAI

Ukrainian e-commerce AI startup that built exceptional technology and was destroyed by the 2022 invasion

Sudden Collapse

UkrAIfy

Ukrainian AI automation startup destroyed by Russian invasion before reaching Series B

Regulatory Kill

Monobank Ukraine

Ukraine neobank pivot to war mode as Russian invasion destroyed normal banking operations

Sudden Collapse

Yelo Bank Ukraine Exit

Ukrainian neobank startup destroyed by Russian invasion

Sudden Collapse

UkraineFin

Ukraine's neobank that Russian missiles grounded on February 24, 2022

Market Exit

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// BY SECTOR

ai saas hardware edtech mobility

// BY CAUSE

macro-political external-shock market-collapse

Ukraine Startup Failures — 14 Autopsies | UnicornBurn