IoT Hub

Roman Kravchenko, as founder and CEO, leads investment decisions for IoT Hub's accelerator and venture activities. He is a known figure in Ukraine's hardware-startup ecosystem and participates in the UAngel business-angel network, which provides additional deal-flow and co-investment connections. Day-to-day portfolio selection in the accelerator program likely involves technical mentors from the Kyiv makerspace, though the specific investment committee structure is not publicly detailed.

IoT Hub sources deals through its Kyiv-based prototyping facility, which attracts hardware founders seeking lab access, mentorship, and initial capital. The firm's affiliation with TechUkraine and Kravchenko's membership in UAngel provide pipeline from the broader Ukrainian tech ecosystem. The makerspace itself functions as a proprietary sourcing channel — startups that use the lab for prototyping frequently become accelerator participants and eventual portfolio companies.

IoT Hub operates as a hybrid: it runs a cohort-based hardware accelerator with a physical makerspace and also deploys direct venture capital at the seed and startup stages. The accelerator provides prototyping resources, engineering mentorship, and go-to-market support, while the venture arm takes equity positions in graduating companies and selected external startups. This blended model is closer to a hardware-focused venture studio than a traditional fund.

IoT Hub focuses on connected hardware — IoT devices, smart energy systems, agritech sensors, and smart-home products — and actively avoids software-only startups. The firm requires a physical product that can be prototyped and iterated in its Kyiv lab. This hardware requirement excludes pure SaaS, mobile-app, and marketplace businesses, which dominate most Ukrainian venture portfolios.

IoT Hub has maintained its Kyiv prototyping facility and accelerator operations throughout the wartime period. The firm's resident startups have adapted, with some pivoting toward defense-adjacent hardware applications. The continuation of the makerspace during active conflict signals a commitment to on-the-ground operations, though the broader Ukrainian venture market has seen significant capital-flow disruption since 2022.