Adventures Lab

Adventures Lab is a venture capital fund established in 2019 and based in Kyiv, Ukraine. The firm focuses on investing in early, growth, and late-stage businesses, particularly in fast-growing B2C and B2B technology sectors. It supports motivated but struggling entrepreneurs by leveraging its business expertise and global partnership network. The fund provides investments of up to $500,000 for early-stage companies, $1 million for growth-stage businesses, and $3 million for late-stage ventures. Areas of interest include affiliate marketing, MarTech, mobile applications, gaming, digital health, content creation, health and beauty, and pet products and services. Additionally, Adventures Lab operates as a web 3 venture builder, further diversifying its investment strategy and supporting innovation in the tech industry.

Ruslan Drozdov

Partner

Ruslan Tymofeev

Founder and Managing Partner

Past deals in Ukraine

Pibox

Seed Round in 2021
Pibox is a cloud-based messenger application founded in 2014 and headquartered in Kyiv, Ukraine. It facilitates seamless communication and file sharing for users on both mobile and web platforms, allowing for the storage, management, and synchronization of files in the cloud. The platform is particularly beneficial for music producers, offering features like time-stamped audio commenting, high-resolution audio streaming for live collaboration, and internal messaging. Additionally, Pibox serves as a content collaboration tool that streamlines the review and discussion of creative materials such as music, video, and images, ultimately improving the efficiency of the content production process.

Astromix

Seed Round in 2020
Astromix is an online platform based in Ukraine that specializes in astrology services. It offers users the ability to generate personalized horoscopes and detailed natal birth charts through its astrology calculator. The platform provides a variety of services, including birth time rectification, compatibility analyses for relationships, and daily personalized forecasts covering aspects such as health, love, and finance. Users can access comprehensive astrology reports, which are typically delivered within 24 to 48 hours. Additionally, Astromix includes resources for newcomers to astrology, featuring articles that explain astrological concepts and tools. Through these offerings, the company aims to enhance users' understanding of astrology and provide insights into their personal lives.

Reface

Pre Seed Round in 2019
Reface is a Ukrainian product company specializing in artificial intelligence tools for content creation. It has garnered support from notable investors in the gaming and music industries, including leaders from Supercell and Unity Technologies. The company aims to democratize machine learning technologies and offers a range of products designed for content transformation. Notably, its flagship mobile app, Reface, enables users to swap faces in videos and photos, produce voice-over content, and generate AI portraits from selfies, achieving 250 million downloads within two years of its launch. Other offerings include Revive, which animates images for instant editing, Memomet, focused on creating Ukrainian memes, and Metahead, a technology for neural rendering of 3D images from 2D photos. Reface's innovative face-swapping technology allows users to easily edit media by transforming uploaded images into unique facial feature representations, enhancing personalized content creation.
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