Analysis

August 22, 2022

Undeterred by war in Ukraine, VCs keep investing in central and eastern Europe

Despite the ongoing conflict in the region, international VCs are more interested than ever in CEE startups


Zosia Wanat

5 min read

Tadas Tamosiunas and Pavel Sokolovas, the founders of Kevin

In the days following the start of the war in Ukraine, Pavel Sokolovas, the founder of Lithuanian fintech Kevin, started to receive phone calls from international investors.

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“Cs'z zupu vez smnua cg ntzgj beorhqyrym,” ju knwq. “Aw'b dxrwtveceoznc.”

Zosia Wanat

Zosia Wanat was a senior reporter at Sifted. She covered the CEE region and policy. Follow her on X and LinkedIn

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