Addventure

AddVenture is an international venture capital fund established in 2008 and based in Limassol, Cyprus. The fund employs a sector-focused investment strategy, primarily targeting software, media, telecommunications, and technology sectors, along with horizontal marketplaces, vertically integrated services, food tech, and health tech. With investment amounts ranging from $1 million to $10 million, AddVenture aims to support innovative companies and entrepreneurs in various industries, contributing to their growth and development in the competitive market landscape.

Mikhail Erenburg

Managing Partner

Nikita Gerts

Principal

Sergey Karpov Ph.D

Managing Partner

Max Medvedev

Managing Partner

Inna Ponomarenko

Venture Partner

Alexey Prokofyev

Executive Partner

Past deals in Cyprus

Douleutaras

Venture Round in 2017
Douleutaras.Com Limited operates an online platform that connects employers with freelancers, facilitating the provision of a diverse range of professional services. Founded in 2013 and based in London, the company has established itself as a market leader in Greece and Cyprus, addressing significant barriers to industry growth with a high-quality product. The platform enables users to find suitable professionals for various home services, including repairs, renovations, and technical work, as well as legal, accounting, photography, and translation services. Freelancers can create profiles and receive bids for jobs, fostering a competitive environment that benefits both service providers and customers. With plans for international expansion, Douleutaras aims to tap into the extensive European market, valued at €250 billion.

Pixonic

Series B in 2010
Pixonic LLC is a mobile game developer based in Moscow, Russia, with additional offices in Berlin and Belgorod. Founded in 2009, the company specializes in creating and publishing mobile and social games, initially focusing on social network games before shifting its emphasis to mobile devices. Pixonic is known for its popular game, War Robots, which has gained significant traction in the mobile gaming market. In addition to game development, the company offers services to assist other developers, including investment, development support, detailed game statistics, marketing, and publishing across global networks and platforms. Pixonic also provides free porting to iOS and Android, enhancing its presence in the mobile gaming industry. As of October 2016, Pixonic operates as a subsidiary of Mail.Ru Group Limited.
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