Sigma Software Labs

What Sigma Software Labs does

Sigma Software Labs is the corporate venture fund and venture lab of Sigma Software Group, a Swedish-Ukrainian IT consulting firm ranked among the world's top 100 by IAOP. Founded in 2014 and registered as SIGMA SOFTWARE LABS LLC in Ukraine, Labs invests in early-stage Ukrainian tech startups that have typically raised no more than €500K in prior funding, with stated focus areas in AI/ML, DefenseTech, FinTech, Automotive, Aviation, and Cybersecurity. As of 2025, Labs has deployed $3.5M across 25+ portfolio companies and operates as a hands-on venture lab rather than a passive capital provider — two portfolio exits are recorded to date, including the 2022 acquisition of cybersecurity startup Clean.io by US-based HUMAN Security.

The fund's core offering bundles equity investment with operational support: portfolio companies receive qualified technical mentorship from Sigma Software Group's 2,000+ engineering experts, introductions to a global network of 200+ B2B clients, fundraising access to external VC networks, and participation in a layered ecosystem of programs. These programs include the UNICORN startup competition (1,000+ projects supported since 2014), the Defence Builder defense-tech accelerator (16 startups, co-founded with Kyiv School of Economics and Buntar Aerospace), the Labs Galaxy internal innovation community (120+ specialists across Ukraine, the US, Brazil and Poland), and Synergetic Spaces co-working hubs in Kharkiv, Dnipro, Lviv, Odesa, Ternopil, Ivano-Frankivsk, Budapest and Warsaw.

Labs generates revenue primarily through equity returns on portfolio investments (largely unrealized to date) and co-working membership fees of $150–€300 per resident per month across its European hubs. Financial statements are not publicly disclosed. Deal flow is sourced through direct startup applications, the UNICORN competition, internal pipeline via Labs Galaxy, and a partnership network that includes SID Venture Partners (co-investor in memoryOS), the Ukrainian Startup Fund, BRAVE1, SET University, Sigma Software University, and 17Tech Accelerator (Finland). Distribution of capital is concentrated on Ukrainian-domiciled or Ukrainian-controlled founders, with selected portfolio companies (AiSDR, Deus Robotics, INPUT SOFT, memoryOS, Buntar Aerospace, Defender Media) reaching enterprise customers that include Nova Poshta, DPD UK and Emirates Group.

Name

Sigma Software Labs

Legal name

SIGMA SOFTWARE LABS LLC

Website

https://labs.sigma.software

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

11–50 employees

Short description

Sigma Software Labs is the corporate venture fund of Sigma Software Group, investing in early-stage Ukrainian tech startups across AI/ML, DefenseTech, FinTech and Cybersecurity. It combines equity capital with technical mentorship and access to the parent's 200+ B2B clients and 2,000+ engineers.

Ownership category

akta.pro rank

Product category

Venture Capital Services

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282), Services-Management Consulting Services (8742)

akta.pro primary industry

Corporate Venture Studios & Incubators (Build/launch ventures) (FSANAHAC)

akta.pro secondary industries

Venture Studios / Company Builders (FSANAAAH), Corporate Accelerators & Startup Programs (FSANAHAD)

Keywords

• Corporate venture capital
• Startup investment fund
• Venture lab services
• Early-stage startup funding
• Defense tech accelerator

Headquarters

HQ city

Kyiv

HQ country

Ukraine

HQ region

Europe

Offices8 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Corporate Venture Fund: Investment returns through equity stakes in early-stage startups. The fund provides capital, technical expertise, mentorship, and access to global B2B network in exchange for equity stakes.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

Sigma Software Labs is the corporate venture capital fund and venture lab of Sigma Software Group, investing capital into early-stage Ukrainian tech startups in exchange for equity while providing hands-on engineering mentorship, product co-development, market validation, enterprise sales introductions, and access to the parent group's 2,000+ engineers and 200+ B2B clients. The fund complements its investment activity with ecosystem programs including the UNICORN startup competition, the Defence Builder defense-tech accelerator, the Labs Galaxy internal innovation community, and the Synergetic Spaces co-working hub network.

Product overview

Sigma Software Labs is a corporate venture fund of Sigma Software Group that invests in early-stage startups, opens doors to global clients and partners, and provides technical expertise and mentoring. Rather than operating a unified software product platform, the entity functions as an investment vehicle and startup ecosystem builder, supporting portfolio companies across AI/ML, DefenseTech, FinTech, Aviation, and Cybersecurity domains. The organization runs startup support initiatives including the UNICORN startup competition, Defence Builder accelerator, Labs Galaxy internal innovation community, and Synergetic Spaces co-working hubs. No proprietary software products are offered directly by Sigma Software Labs.

Differentiator

Problem solved

Functional benefit

Products and services

• Sigma Software Labs Venture Fund Corporate venture capital investment and venture-lab services for early-stage Ukrainian tech startups (more than 50% Ukrainian-owned, raised no more than 500k EUR to date), offered in exchange for equity stakes and including hands-on engineering mentorship, product co-development, market validation, enterprise sales introductions, and access to Sigma Software Group's 2,000+ engineers and 200+ global B2B clients. For early-stage Ukrainian tech startup founders and founding teams.
• Synergetic Spaces Co-working Hubs Monthly co-working memberships in turnkey offices across Ukraine (Dnipro, Lviv, Odesa, Ternopil, Ivano-Frankivsk) and Europe (Budapest, Warsaw) priced between $150 and €300 per resident per month, with included meeting rooms, event space, kitchen, parking, gym, and access to the Sigma Software community network. For Ukrainian and European startups, product houses, and small IT companies.
• UNICORN Startup Competition Flagship startup competition offering no-equity funding, mentorship, and ecosystem access to early-stage Ukrainian startups; co-organized with SID Venture Partners, Ukrainian Startup Fund, Sigma Software University, and SET University, with finals held at USF Startup Awards and IT Arena. For early-stage Ukrainian startup teams.
• Defence Builder Accelerator Batch-based defense-tech accelerator for Ukrainian defense startups, offering validation, mentorship, battlefield-tested pathways, and connections to NATO and EU networks through partnership with 17Tech Accelerator & VC; $60,000 grand prize sponsored by BRAVE1 at IT Arena 2025. For Ukrainian defense-tech startup teams.

Quantifiable outcome

• 300% efficiency gains in warehouse operations for Deus Robotics deployments
• +2 more outcomes

Named customers4 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Twelve partnerships are on record, tiered core and minor.

• SID Venture PartnerscoreStrategic or Co-development Partner · 1 January 2023Co-organizers of UNICORN startup competition. SID Venture Partners is the first unique Ukrainian high-technology venture capital firm established by IT experts for IT geeks, the most active VC in Ukraine with 13 Ukrainian IT tech executives as General Partners.
• Ukrainian Startup FundcoreStrategic or Co-development Partner · 1 January 2023Ukrainian Startup Fund (USF) is a co-organizer of UNICORN startup competition and USF Startup Awards where UNICORN finals are held.
• Kyiv School of EconomicscoreStrategic or Co-development PartnerCo-founder of Defence Builder accelerator along with Buntar Aerospace. The accelerator focuses on Ukrainian defense tech startups and has graduated 16 teams across multiple batches.
• Buntar AerospacecoreStrategic or Co-development PartnerCo-founder of Defence Builder accelerator along with Kyiv School of Economics. Buntar Aerospace is a portfolio startup that completed 200+ combat missions and won DOU Awards 2025 as Most Promising Project.
• 17Tech Accelerator & VC (Finland)minorStrategic or Co-development PartnerPartnership for Defence Builder Batch 3.0 launch as a more scalable, Europe-facing program enabling teams to pitch into NATO and EU networks.
• WIN-WIN EDIH UkraineminorStrategic or Co-development PartnerCo-organized Peer to Peer meetup at IT Arena 2025 - Inspiring Stories connecting visionaries, shaping the future.
• Sigma Software UniversityminorStrategic or Co-development PartnerCo-organizer and partner of UNICORN competition, providing educational programs and mentorship to participating startups.
• SET UniversityminorStrategic or Co-development PartnerPartner university in UNICORN competition, supporting with expertise and educational resources for startups.
• European Defense TechminorStrategic or Co-development PartnerPartnership with European Defense Tech for Defender Media media platform coverage and visibility.
• General CherryminorStrategic or Co-development PartnerPartnership with General Cherry for Defender Media platform development and defense tech coverage.
• Ukrainian Council of Defence IndustryminorStrategic or Co-development PartnerPartnership for Defender Media platform coverage and visibility of defense tech industry developments.
• BRAVE1minorStrategic or Co-development PartnerGovernment coordination platform for defense innovation providing $60,000 grand prize for Defense Startup Competition at IT Arena 2025.

Scale indicators12 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Techstars: Global accelerator and CVC platform with structured cohort programs, mentorship, and corporate partnerships. Comparable to Sigma Software Labs in combining accelerator-style programs (UNICORN, Defence Builder) with seed investment and access to a network of corporate partners.
• Plug and Play Tech Center: Global innovation platform and CVC accelerator combining corporate partnerships, accelerator batches, and startup co-investment. Comparable to Sigma Software Labs in operating a multi-vertical accelerator + CVC model and leveraging corporate sponsors for deal flow and go-to-market support.
• Antler: Global venture studio that combines early-stage investment with hands-on founder support and cohort-based programs. Comparable to Sigma Software Labs in operating a venture lab / studio model rather than a pure financial VC, with structured deal-flow generation through programs.
• CapGemini Ventures: Corporate venture arm of Capgemini, shortlisted alongside Sigma Software Labs in the same European CVC Fund category. Directly comparable as a large corporate venture fund investing in enterprise tech, with a similar model of leveraging parent engineering and client relationships for portfolio support.
• EDP Ventures: CVC arm of EDP (Energias de Portugal), shortlisted alongside Sigma Software Labs in the 2026 European CVC Fund awards. Comparable as a corporate venture fund investing in early-stage technology with global reach from a sector-anchored parent.
• Sopra Steria Ventures: CVC arm of Sopra Steria (European IT services group), shortlisted alongside Sigma Software Labs in the same European CVC Fund category. Highly comparable as an IT-services-rooted CVC investing in enterprise and emerging-tech startups with access to parent engineering and client network.

Regional players

• BRAVE1: Ukrainian government defense-tech coordination platform providing grant funding and providing the $60K grand prize for Sigma Software Labs' Defence Startup Competition. Directly comparable as a regional defense-tech deal-flow source and potential co-investor in the same portfolio companies.
• Ukrainian Startup Fund (USF): State-backed Ukrainian early-stage fund and co-organizer of the UNICORN competition with Sigma Software Labs. Comparable as a regional early-stage investor targeting the same Ukrainian founder pool, with overlapping deal flow through the UNICORN program.

Direct peers

• BestNights VC: CVC fund shortlisted alongside Sigma Software Labs in the 2026 European CVC Fund awards. Comparable as a smaller, focused corporate venture fund competing for similar early-stage tech deal flow across Europe.
• SID Venture Partners: Ukrainian high-technology venture capital firm with Sigma Software among its co-founders and a co-investment partner in portfolio companies like memoryOS. Co-organizer of the UNICORN competition and directly comparable as a Ukrainian-focused early-stage tech VC.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/sigma-software-labs
• Facebookfacebook.com/labs.sigma.software

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments21 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sigma Software Labs