| Founded | 2011 |
|---|---|
| Closed | 2022 |
| Country | Ukraine |
| Sector | Hardware |
| Collapse type | Market Exit |
| Founder | Alexander Konotopsky |
Ajax Systems Ukraine
"Ukraine's $1B security hardware unicorn lost its factory to blackouts, not bullets."
Key Events Timeline
Ajax Systems, Ukraine's leading smart home security hardware startup valued at $1B+ pre-war, was forced to relocate manufacturing and key staff after its Kyiv production facilities faced repeated power blackouts from Russian missile strikes targeting Ukraine's energy infrastructure beginning October 2022.
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