Radar Companies Energy · Ukraine
Radar · Energy in Ukraine

Best Energy Companies in Ukraine

The 36 best Energy companies in Ukraine in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Galnaftogaz.

36companies tracked
$70Mdisclosed funding
0unicorns
1have raised
Sources & further reading
  • International grid edge study reveals countries’ needs and readiness f
FLIAR INTELLIGENCE · ENERGY × UKRAINE

Our analysis of 441 Energy companies

$135.1b in tracked funding; 76% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.

441companies analysed
76%cloud-native stacks
2025funding peak (by rounds)
8unicorns
2013median founding year

Ranked: Best Energy companies in Ukraine

#CompanyDisclosed fundingLast roundStageFounderFoundedTech stackRecent signals
1Galnaftogaz
Supplier of gas
$70M152 mo agoSeries CVitaliy Antonov
CEO
2001
2Naftogaz
Vertically integrated oil and gas company
33 mo agoFunding RaisedAndriy Kobolyev
CEO
19983 partnerships
3DTEK
Electricity generation, gas producer and coal mining company
72 mo agoFunding RaisedDavid Lagzdin
Co-Founder
2005WordPress Block EditorElementorCart Functionality+22
4KNESS
EPC and O&M services provider for renewable systems
102 mo agoFunding Raised2009WordPressMySQLPHP+23
5FuelOptiSave
Provider of fuel filling and other services
119 mo agoSeedAndrew Shved
Co-Founder
6ATON Group
Manufacturer of residential and industrial heating equipment.
Private2003Cart FunctionalityOpenCartMySQL+13
7Bronto
Manufacturer and exporter of extrusion systems and other biofuel equipment
UnfundedIvan Kostian
CEO
1967
8cherkasyoblenergo
Cherkasyoblenergo engages in the production and supply of electric power.
PrivateNode.jsBootstrapVue.js+7

Top 5 Energy companies in Ukraine

#1
Series C · Lviv, Lviv Oblast · founded 2001 · 883 employees
$70Mraised

Concern Galnaftogaz PJSC operates filling station networks in Ukraine. The company has more than 400 filling stations under the OKKO brand. OKKO also operates the network of roadhouses, comprised of 400 cafes and 36 restaurants, which operate under the brands A la minute, Pasta Mia and Meiwei. The company also owns a network of dry cleaning shops, Bolla.

Founders & team
Vitaliy AntonovCEO
#2
Funding Raised · Kyiv, Kyiv Oblast · founded 1998
raised

Vertically integrated oil and gas company

LinkedIn Pulse recent public activity · Jul 2026
Audience: 21k LinkedIn followers — 40.3% of this cohort's audience · 125 engagements/post (7.6× cohort median)
Activity: 3 partnerships (incl. Export-Import Bank of the United States (EXIM Bank)) announced in 12 mo
Founders & team
Andriy KobolyevCEO
Investors
Sinosure, EBRD
Tech stack
Cloudflare Browser InsightsCloudflare Bot ManagementCloudflareHttp/3
#3
Funding Raised · Kyiv, Kyiv Oblast · founded 2005 · 60000 employees
raised

DTEK is a diversified company in the energy sector and involved in thermal electricity generation, wind energy generation, natural gas production and supplier, and coal mining. Also, involved in the implement energy management systems and provides energy audit and consultancy services.

Founders & team
David LagzdinCo-FounderDragos MandruleanuCo-FounderAnders KjogeCo-Founder
Investors
WindGuard, Europa
Tech stack
AosApple Icloud MailBootstrapCart FunctionalityCdnjsCloudflare
#4
Funding Raised · Vinnytsia, Vinnytsia Oblast · founded 2009 · 42 employees
raised

KNESS is a group of companies focused on providing construction and operational services for renewable energy systems. Established multiple divisions which provide EPC, full-end services; operations and maintenance services; electrical product manufacturing for renewable construction, R&D in the cleantech sector. Solutions are offered to solar PV, wind turbines, biomass power plants, renewable energy distribution centers, and the network of utilities.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 4k LinkedIn followers — 7.3% of this cohort's audience
Investors
Impact Fund Denmark, EBRD, Climate Investment Funds
Tech stack
Clipboard.JsCloudflareCloudflare Browser InsightsContact Form 7Core-JsElementor
#5
Seed · Ukraine
raised

Provider of fuel filling and other services

Founders & team
Andrew ShvedCo-FounderVictor VasilievCo-FounderAlexander IvanovCo-Founder
Investors
FasterCapital

Funding & investor landscape

$70Mtotal disclosed funding
1companies funded
0disclosed rounds
0rounds last 90 days
Most active investors
EBRD2 rounds
CDC Enterprises1 rounds
Climate Investment Funds1 rounds
Europa1 rounds
FasterCapital1 rounds
Idinvest Partners1 rounds
Impact Fund Denmark1 rounds
Intra1 rounds
Q Partners1 rounds
Sinosure1 rounds

Notable founders

Vitaliy Antonov
CEO · Galnaftogaz
Andriy Kobolyev
CEO · Naftogaz
David Lagzdin
Co-Founder · DTEK
Dragos Mandruleanu
Co-Founder · DTEK
Andrew Shved
Co-Founder · FuelOptiSave
Victor Vasiliev
Co-Founder · FuelOptiSave
Prism market signals · Ukraine · country-scoped Prism corpus, 1,659,887 docs

Market landscape — 10 sub-themes by coverage

Share of Energy coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH SIGNALS · Ukraine

How research on Grid Energy Storage is moving in Ukraine

A read on the academic research around Grid Energy Storage — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 286 Ukraine-affiliated papers.

research sentiment over time
202320252026
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and intensifying — the enthusiastic (strongly-positive) share moved 51% → 54% across 2023–2026.
top research entities
  • Institute of Physics98
  • Institute of Engineering Thermophysics46
  • National Technical University "Kharkiv Polytechnic Institute"22
  • National Technical University of Ukraine “Igor Sikorsky Kyiv Polytechnic Institute”20
  • National Academy of Sciences of Ukraine16
leading researchers
Ievgen Riabov · Yujie Xu · Yaxiang Lu · Hong Li · Qinghua Zhang · Xiqian Yu · Liquan Chen · Dongdong Xiao
Breakthroughs88 · 31%
▲ 0%→27% share
4 median citations76% since 2021mostly methods-led
Breakthroughs are rising (0%→27% of field), led by Electrochemistry.
rising sub-themes (early→recent)
  • Electrochemistry1→17
  • Anode1→15
  • Electrolyte2→15
  • Cathode1→13
  • Lithium (medication)1→8
Newly emergingRenewable energy 0→6 · Ferroelectricity 0→5
Landmark Ultrahigh–energy density lead-free dielectric films via polymorphic nanodomain design · 1,078 cites
Advancements136 · 48%
▲ 0%→51% share
1 median citations92% since 2021mostly methods-led
Advancements are rising (0%→51% of field), led by Battery (electricity).
rising sub-themes (early→recent)
  • Battery (electricity)2→20
  • Supercapacitor1→13
  • Electrochemistry1→12
  • Energy (signal processing)1→12
  • Thermal energy storage1→10
Newly emergingRenewable energy 0→26 · Photovoltaic system 0→11 · Electricity 0→10
Landmark Progress in electrical energy storage system: A critical review · 3,625 cites
Concerns37 · 13%
▲ 0%→13% share
2 median citations84% since 2021mostly reviews
Concerns are rising (0%→13% of field), led by Renewable energy.
rising sub-themes (early→recent)
  • Renewable energy12
  • Nanotechnology7
  • Electrolyte5
  • Battery (electricity)5
  • Anode5
Newly emergingRenewable energy 0→12
Landmark Approaching Practically Accessible Solid-State Batteries: Stability Issues Related to Solid Electrolytes and Interfaces · 1,549 cites
RESEARCH HOTSPOTS · Ukraine

Where energy storage is researched across Ukraine

Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.

Kyiv232 · +0.57
Hot · ElectrolyteAdvancing · AnodeOpportunity · Wind powerConcern · Fast ion conductor
Sumy28 · +0.66
Hot · CatalysisAdvancing · CeramicOpportunity · Battery (electricity)
Kharkiv26 · +0.42
Hot · Energy consumptionAdvancing · Power (physics)Opportunity · Energy (signal processing)Concern · Renewable energy
Dnipro11 · +0.44
Hot · Renewable energyOpportunity · Efficient energy use
Lviv10 · +0.53
Advancing · SupercapacitorOpportunity · Power (physics)
Ivano-Frankivsk5 · +0.72
Opportunity · Energy (signal processing)

Common questions

How many Energy companies are there in Ukraine?
Radar tracks 36 indexable Energy companies headquartered in Ukraine that meet our profile-completeness bar.
What is the total funding raised by Energy companies in Ukraine?
The Energy companies in Ukraine on this list have raised a combined $70M in disclosed equity funding across 1 funded companies.
Which is the highest-funded Energy company in Ukraine?
Galnaftogaz is the highest-funded Energy company in Ukraine, with $70M in disclosed equity funding.
How many Energy companies in Ukraine are funded?
1 of the 36 Energy companies in Ukraine on this list have disclosed at least one equity funding round.
How many Energy unicorns are there in Ukraine?
None of the Energy companies in Ukraine on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Ukraine Energy companies?
The most active investors in Ukraine Energy companies on this list include EBRD, CDC Enterprises, Climate Investment Funds, Europa, FasterCapital.
Rohit KhannaTrends & Stories

Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.

Coming soon