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 technology company based in Kyiv, Ukraine, that specializes in developing a cloud-based messenger application for mobile and web platforms. Founded in 2014, Pibox facilitates seamless communication and file sharing while maintaining the original quality of content. Its platform is tailored for music producers and creative professionals, offering features such as time-stamped audio commenting, high-resolution audio streaming for live collaboration, and a centralized cloud storage for studio files. Additionally, Pibox enables efficient review, discussion, and sharing of various creative content, including music, video, and images. The integration of internal messaging and real-time collaboration tools allows users to streamline the content production process, enhancing productivity and ensuring timely delivery of projects.

Astromix

Seed Round in 2020
Astromix is an online platform based in Ukraine that specializes in astrology services, offering users the ability to explore personalized horoscopes and astrological insights. The company provides a range of features, including detailed natal birth chart creation, compatibility analyses between individuals, and birth time rectification. Users can order comprehensive astrology reports, which are typically delivered within 24 to 48 hours. Astromix also offers I Ching divination, an astrological calendar, and a time converter to enhance user experiences. Additionally, the platform provides educational resources for newcomers to astrology, helping them understand key concepts such as astrological houses and the significance of celestial bodies. Through its offerings, Astromix aims to provide insights that address the modern individual's quest for understanding and guidance in various aspects of life.

Reface

Pre Seed Round in 2019
Reface is a Ukrainian product company that develops artificial intelligence tools to transform media content. The company offers a suite of AI-powered applications for content creation, including Reface, a mobile app that enables face swapping in video and images, voice-over content, and AI-generated portraits; Revive, which animates still images; Memomet, for creating Ukrainian memes; and Metahead, technology for neural rendering of 3D images from 2D photos. Reface aims to make advanced AI tools accessible to creators to produce and customize media and to help audiences engage with personalized visuals.
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