Ukrainian venture fund F1V has written off ten percent of its startups but continues to invest.

The level of startup write-offs in the Flyer One Ventures (F1V) portfolio is 10%, said the fund’s co-founder, Oleksiy Yermolenko. He added that since 2018, F1V has invested nearly $45M in over 90 startups.

Among these companies is Elision, which developed a platform…