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Green Flag Ventures

Green Flag Ventures

The leading US-based VC in Ukraine’s dual-use, defense, AI, and cyber early-stage product startups with global market potential. Ukraine’s tech trajectory today parallels Israel circa 1991. Under‑priced, de‑risked by front‑line NATO contracts, sitting at the nexus of security demand and commercial scale, and poised for rapid mark‑ups as Western primes scramble for replenishment tech. Six investments to date, many in the pipe. Elite team, first-mover & proprietary pipeline advantages.

Los Angeles, California, United States2-10 employeesFounded 2023

Overview

Green Flag Ventures is a venture capital firm dedicated to nurturing the growth of the Ukrainian tech ecosystem through targeted investments in early-stage startups. With a keen focus on dual-use technology, the firm manages a $20M fund, strategically investing in innovative companies that show potential for both commercial and strategic applications. Our investment range lies between $150K and $1M, aimed at startups with pre-money valuations of $1M to $25M. Our approach is unique, bridging critical gaps between the Ukrainian and US tech sectors, thereby fostering a vibrant cross-border exchange of ideas, technology, and resources. Co-founded by Justin Zeefe in the USA and Deborah Fairlamb in Ukraine, Green Flag Ventures capitalizes on its founders' diverse expertise and deep understanding of both markets. We offer more than just capital; our portfolio companies gain access to an ecosystem of support, including mentorship, network connections, and operational guidance, ensuring not jus…

Tech Stack

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