🧬 🤖 ⚙️ Alex Iskold

Alex Iskold is a Ukrainian-American entrepreneur and venture capitalist, best known for founding the 1K Project, an initiative aimed at providing direct financial support to families affected by the war in Ukraine. Born in the Ukrainian city of Chernivtsi during the Soviet era, he immigrated to the United States at the age of 19, where he pursued a career in technology and entrepreneurship.

Professional Background

Iskold has a strong background in software engineering and venture capital. He co-founded 2048 Ventures, a venture firm that focuses on early-stage technology investments. Prior to this, he served as the managing director of the Techstars New York City program, where he played a significant role in mentoring and investing in over 100 startups.12

The 1K Project

In response to the Russian invasion of Ukraine in 2022, Iskold launched the 1K Project just six days into the conflict. The project aims to connect sponsors around the world with Ukrainian families in need, enabling them to send $1,000 directly to these families' bank accounts. Since its inception, the initiative has raised over $11.5 million, assisting more than 11,000 families and 40,000 children.134 The project focuses particularly on single mothers and families with three or more children, providing a streamlined process for both sponsors and recipients.3

Personal Motivation

Iskold's personal connection to Ukraine drives his commitment to the project. He has expressed deep emotional ties to the country and its people, often reflecting on the challenges faced by families during the war. His efforts have garnered significant attention and support, highlighting the power of community and technology in crisis response.24

Current Activities

As of now, Iskold continues to lead the 1K Project and engage with a network of volunteers and donors to facilitate aid for those impacted by the ongoing conflict in Ukraine. His work exemplifies a blend of entrepreneurial spirit and humanitarian effort, leveraging his professional skills to make a meaningful difference in the lives of many.134