Investor Sergey Tokarev on the Generation H 3.0 HealthTech Accelerator
The Generation H accelerator programme, run by SET University and the Tokarev Foundation, has announced the launch of its third intake. For the first time in its history, this HealthTech accelerator, which specialises in medical technologies, has expanded the list of teams eligible to participate. Ukrainian startups based abroad that have an MVP or a product ready to scale within ten weeks can now join the programme. This was announced by Sergey Tokarev, founder of the Tokarev Foundation and co-founder of SET University.
What is known about the Generation H programme
Over the past two seasons, 30 projects have gone through the HealthTech accelerator, and the total amount of investment raised by its alumni has reached 11 million hryvnias. The startups have won competitions such as Google for Startups, IT Arena, and EIT Jumpstarter, entered European and American markets, and made it into the top 200 of the TechCrunch Startup Battlefield.
Among the graduates are:
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TAYRA.AI — an AI medical scribe that automatically structures doctors’ consultations
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M Shield — a drug that prevents the spread of metastases
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Ovul — an AI device for tracking fertility through saliva analysis
“In my opinion, the HealthTech sector offers the shortest path to making a real impact on quality of life. However, we need not only a high-quality product, but also an understanding of medical logic, regulatory frameworks, and decision-making cycles. That is why, unlike many other sectors, HealthTech cannot do without mentorship and acceleration,” says Sergey Tokarev.
According to the organisers, given current market dynamics, expanding internationally is a sound strategy: AI in healthcare is growing by 35–40% annually, and the global digital health sector has already surpassed $300 billion.
Programme participants can expect personalised mentoring, product crash tests, business model validation, workshops on entering international markets, individual matchmaking, and support with regulatory issues. Mentors include Eric Henry, Senior Counsel for FDA Compliance at King & Spalding; Fergus O’Dea, Vice President of Commercial Operations at FIRE1; Volodymyr Nerubenko, co-founder of Liki24 Foundation and TerraLab; and Alexa Sinyacheva, a Techstars mentor and co-founder of Moeco.
“One of the main reasons for launching Generation H was that the Ukrainian HealthTech sector was severely underestimated, and we needed to change that. Now we are testing whether it is possible to create a global hub for innovation in Ukraine. That is why, for the first time, we are expanding the programme to include Ukrainian startups based abroad,” adds Sergey Tokarev.
Generation H will be held in a hybrid format. International participants can take part online. The grand prize is 650,000 hryvnias. Applications must be submitted by 24 May via the SET University website.