Organization · Venture Capital

Green Flag Ventures

Green Flag Ventures is a US-based venture capital firm investing in early-stage Ukrainian startups focused on dual-use technologies, particularly in defense, AI, and cybersecurity. The firm aims to scale innovations to NATO and Fortune 500 companies.

Venture CapitalFunder

Overview

What Green Flag Ventures does

What Green Flag Ventures is

Green Flag Ventures is a US-based venture capital firm investing in early-stage Ukrainian startups focused on dual-use technologies, particularly in defense, AI, and cybersecurity. The firm aims to scale innovations to NATO and Fortune 500 companies.

How it participates in the startup ecosystem

The current public profile supports funder capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.

Operational profile

Organization status and context

Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.

Operational status
Active
Organization type
Venture Capital
Structured capabilities
Funder
Last reviewed
April 24, 2026

Official channels

Find Green Flag Ventures elsewhere

Open the official website or a supported primary organization account.

Capability profile

Green Flag Ventures as a funder

Investment thesis

Green Flag Ventures focuses on early-stage Ukrainian startups developing dual-use technologies in defense, AI, and cybersecurity, aiming to scale innovations to NATO and Fortune 500 companies.

Focus narrative

The fund invests in early-stage startups that have developed technologies applicable in both civilian and defense contexts. Green Flag Ventures prioritizes companies with a Technology Readiness Level of 6 or higher, indicating that their technologies are field-tested and validated by external experts.

Value beyond capital

Green Flag Ventures adds value to its portfolio companies by providing access to a strong network of external validation from organizations such as the USAF, NASA, and RUSI, facilitating pathways into NATO procurement. The fund's deep understanding of the Ukrainian tech ecosystem, combined with its strategic positioning, enables it to effectively support startups in scaling their technologies.

Terms and economics

Typical check
$100,000–$1,200,000
Sweet spot
$600,000

Focus and fit

Stages
Seed · Seed+

Availability

Currently deploying
Yes

Portfolio and track record

Recorded portfolio count
5

Portfolio context

Green Flag Ventures has invested in several notable Ukrainian dual-use companies, including: 1. HIMERA - specializes in secure tactical communications. 2. Karadag Technologies - focuses on electromagnetic and counter-UAS dominance. 3. Swarmer - develops AI-driven autonomy solutions. 4. Teletactica - provides precision targeting technologies. 5. Falcons - offers integrated situational awareness systems.

Common questions

What to know about Green Flag Ventures

Upseed classifies Green Flag Ventures under the Venture Capital organization type. Its current public profile includes funder capabilities.

Next step

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Source and update disclosure

Know what this page is based on

Source basis

Public organization and program material, official websites, and structured Upseed records.

Last reviewed

April 24, 2026

Known limits

Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.

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