Throughout 2024, we’ve closely followed and covered hundreds of innovative startups, carefully sourcing them from various sectors and regions. This year highlighted a wealth of innovative ideas, advanced technologies, and determined founders, showcasing the resilience and creativity of the startup ecosystem in the face of numerous challenges.
For this article, we partnered with leading venture funds such as TA Ventures, Tilia Impact Ventures, Underline Ventures, and N1 fund to showcase the most promising tech companies that the ecosystem should watch closely in 2025. These startups have stood out with significant achievements across various fields, such as AI, healthtech, defence tech, sustainable energy, and cybersecurity.
Viktoriya Tigipko, Founder and Managing Partner of TA Ventures
Creatio
Creatio is the leader in low-code platforms for business process management and CRM. In 2024, it became a unicorn and raised another $200 million in capital, valuing it at $1.2 billion. Headquartered in Boston, the US, Creatio has an R&D center in Kyiv, Ukraine. The company is present in 25 countries, serving thousands of customers across 100 countries in 23 languages.
Airlogix
Airlogix is a Ukraine-based technology company that designs and manufactures intelligent aerial systems. The company has delivered over 300 battlefield-proven reconnaissance UAVs to the Ukrainian military, achieving millions in revenue and profitable growth in 2 years without significant external funding.
Osavul
Osavul is a startup that helps fight information threats using artificial intelligence. In a world where disinformation has become a powerful weapon, its solutions provide governments and organisations with tools to protect the information space. This is not only technology, but also a significant contribution to security.
Deus Robotics
Deus Robotics offers an end-to-end robotic automation solution consisting of an AI platform that enables seamless integration, management, and optimization of robots from any manufacturer and an advanced fleet of AI-enhanced robots.
Automating processes is the way to efficiency, and the startup helps businesses optimize costs and accelerate growth. The prospects of this company are confirmed by the optimism of investors who invested $3 million in it at the end of 2024.
Versi Bionics
Versi Bionics is the youngest startup among the ones I have listed. Still, it is a promising one, unfortunately, due to the inevitable growth in demand for bionic prostheses in the coming years. First of all, it is relevant for Ukraine, but given the need to restore the quality of life to people with lost limbs not only because of the war, I see great prospects for developing this business in Europe and the world.
Andrew Gray, General Partner at Tilia Impact Ventures
Newcleo
Global electricity consumption is set to double within the next 20 years, driven by the massive demands of AI computing, the push to electrify everything, and emerging market growth. The stress on grids is already becoming apparent (e.g. xAI’s struggle to get their new Colossus data centre connected in Memphis). Newcleo’s small-scale nuclear solutions present an exciting possible solution to this challenge – both scalable and sustainable.
Its technology aims to reduce waste and enhance safety, ultimately re-positioning nuclear power as a reliable and eco-friendly source. This is an important innovation in reclaiming Europe’s energy sovereignty. The company has rocketed forward since its inception in 2021, receiving over €500 million in funding and is already doing more than €50 million in annual turnover.
The Exploration Company (TEC)
This is on the list because it’s too exciting to ignore. Space exploration is often seen as the frontier of human innovation potential. Throughout 2024, I grew tired of seeing noisy investors incessantly self-flagellating on the dreary state of European innovation. To me, TEC represents a turning point in this regard. TEC’s reusable spacecraft will help tackle the severe supply shortage for launching and delivering cargo into space and give us Europeans something to be proud of.
TEC is on track to offer a cost-effective and sustainable alternative to SpaceX’s Dragon Capsule. With their freshly closed €150 million Series B from top European investors, they are proof that European companies can finance major innovation without needing to leave the continent.
VSParticle
VSParticle is a leading supplier of next-generation tools for nanoparticle synthesis and deposition. In plain English, they have developed technology to quickly and efficiently produce new materials at the nano-particle level. This drastically reduces the cycle time to innovate and test new materials in an automated fashion, which could revolutionise materials innovation in everything from semiconductors to batteries. It’s estimated that new materials could solve up to 50% of sustainability challenges in critical industries, and VSParticle’s rapid R&D capabilities position them at the forefront of this transformational shift.
VSParticle has raised over €14 million in capital from our friends at Plural, NordicNinjaVC, and others, and they’ve just announced a partnership with Meta’s AI lab to discover new catalysts for clean energy innovation.
Graph Therapeutics
Graph Therapeutics is a precision immunology biotech startup aiming to reshape treatments for immune-mediated diseases — now the second-largest medical research area after oncology. The company’s focus on patient-centric, precision medicine powered by AI-driven drug discovery hopes to create a future where treatments are more personalised and effective.
The founding team brings deep scientific credibility and entrepreneurial pedigree (the CEO co-led a previous $60 million exit). With the technology maturing and the market expected to exceed $150 billion by 2030, we are excited about GraphTx’s potential here.
Mathema
Mathema is a testament to the power of bootstrapping. In a world where capital efficiency is re-entering the VC vocabulary, Mathema is king. Its platform for STEM tutoring is growing rapidly across the Ukraine and Polish markets, and their team has shown incredible resourcefulness in implementing cutting-edge AI tools to add value to users genuinely.
Strong STEM education is central to futureproofing our younger generations, and I continue to be impressed by Mathema’s ability to deliver educational outcomes alongside commercial success.
Zuzana Ondrejova, Principal at J&T Ventures
Xund
Xund is a healthcare platform enabling healthcare enterprises to digitise the patient journey and convert data into actionable insights. The methodology and accuracy of the results made this startup a great candidate for disruption of the current healthcare system, with a huge impact on individuals' lives.
Grid.online
Grid.online offers shared transportation services. The startup is now in the early stage, with great technology that can further optimize logistics under large time and efficiency pressure.
E2B
E2B secured an environment for AI agents, preventing AI from accessing sensitive data or starting to do what they shouldn’t. It perfectly complements the actual trend of implementing AI products for companies.
Supernova
Supernova develops a design system tool that connects design and engineering data, enabling faster and more scalable product development. Past growth/traction and various use cases facilitating faster product development make the startup a must-have technology for each company.
Bogdan Iordache, General Partner at Underline Ventures
AMPECO
AMPECO develops a cloud-based, white-label EV charging management platform that helps businesses manage infrastructure, optimize energy usage, and enhance the charging experience. Its latest Series B round means expanding to markets like Western Europe, the Nordics, the UK, North America, and Southeast Asia. They are on an extensive growth path, and we are curious to see more.
Smithy (previously Ocurity)
Smithy curates tools, finds vulnerabilities and automates workflows so the teams can focus on the important stuff. It is curious how the No-Code Security Orchestration copilot they recently created will innovate cybersecurity. It is an exciting cybersecurity product.
Superlinked
Superlinked is a computer framework designed for information retrieval and feature engineering, focusing on converting complex data into vector embeddings. The company has a great team and exciting product. One of its co-founders Daniel Svonava spent years at YouTube building ML infrastructure. I think we'll hear more from them.
Smartschool
Smartschool is an AI teaching assistant for K-12 math educators, capable of grading student work and providing instant, personalized feedback. Its AI-driven virtual assistant Yoko makes it cheaper and easier than learning for SATs with a flesh and blood teacher. We are keen to see more about how AI can transform edtech.
Kseniia Ocheredko, Investment Manager at N1 fund
Leezly
Leezly addresses significant inefficiencies in the real estate rental market, streamlining communication, payments, and property management for landlords and tenants. This positions Leezly to capture a substantial market share as demand for convenient and transparent rental solutions grows. The platform's key features — effortless property and tenant management, automated invoicing, utility cost allocation, debt management, secure document storage, streamlined maintenance requests, efficient applicant and viewing management, enhanced customer communication, and insightful reporting — demonstrate a commitment to improving operational efficiency and user satisfaction.
Furthermore, Leezly's positive societal impact through increased transparency and efficiency in the rental market aligns with the growing trend of impact investing.
Dynamiq.ai
Dynamiq.ai focused on accelerating GenAI development through its enterprise platform, significantly enhancing its investment potential for 2025. This specialized approach targets a rapidly expanding market segment, offering a compelling value proposition to businesses seeking to leverage the power of generative AI.
The platform's key features — low-code agentic builder, observability tools, RAG toolbox, LLM deployment, and fine-tuning capabilities — address significant challenges faced by companies looking to integrate GenAI into their workflows.
Scalestack.ai
Scalestack.ai, with its AI-powered GTM (Go-to-Market) data integration and action prioritization platform, presents a strong potential for 2025. The platform directly addresses the challenges many sales teams face: managing disparate data sources, prioritizing actions effectively, and executing sales plays efficiently. By consolidating data and providing actionable insights, Scalestack aims to boost sales productivity and growth significantly. This focus on practical application and tangible results is particularly attractive in a market where sales teams are pressured to demonstrate ROI.
Object Control
Object Control created fraud prevention algorithms for fintech, insurtech, and property tech. Products were created that are actively used by companies and made it possible to accumulate data from 1 million unique photo vehicles. At this stage, Object Control is pioneering AI-driven asset verification technology for the European insurance and fintech markets, targeting the €150 billion car insurance sector. By developing specialized machine learning models to assess vehicle and asset conditions, the company aims to revolutionize insurance processes through advanced AI solutions that enhance customer experience and dramatically reduce operational costs for financial institutions.
Its strategic roadmap focuses on creating tailored SaaS products that leverage AI to streamline document management, optimize risk assessment, and provide unprecedented efficiency in vehicle asset tracking.
