Tag: dailyprompt-2888

Roosh Ventures, Sergey Tokarev’s Venture Fund, Entered the Prestigious Sifted Ranking

Sergey Tokarev’s Ukrainian investment fund Roosh Ventures entered the top 50 investors in France and the Benelux

Investment fund Roosh Ventures, which invests in technology startups in different regions of the world, became the first and only Ukrainian representative in the Sifted ranking. It took 43rd place in the top 50 lenders and investors in France, Belgium, the Netherlands and Luxembourg. In addition, three portfolio companies — Folk, Alma and Gladia — entered the list of the region’s fastest-growing startups. This was announced by Sergey Tokarev, a co-founder of Roosh Ventures, investor and technology entrepreneur.

Sifted Ranking: How the Ukrainian Venture Fund Achieved This

Leading European media outlet Sifted specialises in startups and technology businesses, analyses the venture capital market, compiles authoritative rankings and covers news. When evaluating companies, it considers a set of criteria, including the quality of the formed portfolio, the player’s impact on the development of the local ecosystem and the intensity of completed deals.

Three Roosh Ventures portfolio companies were recognised by Sifted:

  • Folk creates a CRM platform that gives people, rather than algorithms, control over business relationships.
  • Alma is scaling a powerful payment system with a focus on the model of responsible consumption.
  • Gladia develops infrastructure based on artificial intelligence for speech analysis and transcription.

This selection, which brings together innovations from different sectors, demonstrates the fund’s overall investment priorities.

“The appearance of a venture fund from Ukraine among the best demonstrates that the place of registration is no longer a determining factor for the scaling and competitiveness of venture capital. Previously, most positions were allocated to local European funds, so the presence of a Ukrainian player on this list makes it stand out against the general background,” says Sergey Tokarev.

The entrepreneur is confident that this result became possible precisely because of Roosh Ventures’ approach to selecting projects.

“What happened is not a coincidence. It cannot be called an ordinary line in a ranking. By entering the top 50 investors in France and the Benelux, we proved that Ukrainian venture funds are already playing in the top league among European countries,” says co-founder of Roosh Ventures.

The result of the Sifted ranking, which included Roosh Ventures and three of its portfolio companies, is becoming part of a broader trend in which Ukrainian investment and technology teams are increasingly becoming competitors to Western players. For an investor who operates at the intersection of business, technology and social impact, the presence of the venture fund in a European ranking is proof of the right strategy, not an end in itself.

Daily writing prompt
If you had to switch lives with a fictional character for a week, who would you choose?
View all responses

Displaced Ukrainian Researchers and the Paperwork That Slows Them Down

Discussions of academic displacement usually focus on funding, language and recognition of qualifications. In practice a significant share of lost time has a duller cause. A researcher who cannot confirm identity with a valid travel document cannot sign a contract, cannot be paid through some institutional systems and cannot attend a conference in another country.

Why the document problem is structural, not personal

Ukrainian passports are produced in Ukraine. Embassies, consulates and branches of the state enterprise Document abroad accept applications, verify identity and collect biometric data, then forward the file. The regulated maximum for the procedure is three months, and that period is counted from a submission date that itself depends on an appointment slot.

For a research group this converts into planning risk. A postdoctoral fellow whose passport expires in the middle of a fixed term contract is unavailable for international travel for a period that nobody in the project controls. The legal marketplace Consultant sees the same pattern across applicant categories: the paperwork is predictable, the queue is not.

What changed in the procedure

Two changes matter for anyone planning mobility. Appointments are booked through the electronic queue of the Ministry of Foreign Affairs, with identification through Diia.Signature, a qualified electronic signature or BankID, which means the process starts online even though the submission is in person. And since June 2025 passports are issued with an updated biometric chip, a requirement tied to entry into the Schengen area.

The second point is often missed. A document that has not expired can still be the wrong generation for a specific border requirement, which is a different question from validity and needs to be checked before a travel plan is built around it. The document list and the order of steps are set out in these full instructions.

A practical rule for research administrators

Institutions that host displaced researchers can remove most of this friction with one line in the onboarding checklist: record the passport expiry date and flag it nine months in advance, not three. Nine months is not excessive caution. It is the sum of the waiting time for an appointment, the regulated processing period and the margin that any cross border procedure requires.

What this means for project planning

Research funding is allocated in fixed periods, and mobility is usually tied to specific months. A document procedure that can occupy a quarter of a year without any fault on the part of the applicant sits badly with that structure. The mismatch is not theoretical. A fellow who cannot travel to a partner laboratory in the agreed window either loses the visit or forces the project to rewrite its schedule, and both outcomes consume administrative time that was budgeted for research.

The risk is also unevenly distributed. Researchers who left Ukraine as adults usually hold documents issued before 2022, which means expiry dates cluster in the same period. Institutions that host several Ukrainian scholars therefore face a series of similar cases within a short window rather than isolated ones.

Documentation that causes repeat appointments

Three categories of paperwork generate most of the second visits. Civil status documents issued abroad, such as a marriage certificate or a birth certificate for a child, may require an apostille and a certified translation. A change of surname has to be traceable through an unbroken chain of documents. And an internal Ukrainian identity document that was lost during relocation has to be restored first, which is a separate procedure with its own timeline.

None of this is unusual for cross border administration. What makes it costly in an academic context is that it becomes visible only when a specific trip is already booked, at which point the cheapest options have expired.

The cost of that line is a single field in a spreadsheet. The cost of ignoring it is a researcher who is formally employed, fully funded and unable to travel.

Daily writing prompt
If you had to switch lives with a fictional character for a week, who would you choose?
View all responses