6 ENTREPRENEURSHIP
www.business-review.eu Business Review | April 2022
Startup ecosystem gauging impact of Ukrainian crisis As the conflict between Russia and Ukraine unfolds, investors must now take geopolitical risk into account when looking to fund startups in Central and Eastern Europe. Though the impact on neighbouring countries remains limited, the sentiment could worsen if regional tensions show no signs of easing on the longer term. By Ovidiu Posirca
Since 2018, five Ukranian startups became unicorns and raised some USD 1.3 billion from investors
