Bulba Ventures

Bulba Ventures is a venture capital firm established in March 2018, headquartered in Limassol, Cyprus. The firm specializes in investing in startup and early-stage companies, particularly those from Belarus and those willing to relocate to Minsk. Bulba Ventures focuses on machine learning startups that demonstrate a strong competitive edge and technical excellence, particularly at the intersection of real economy and information technology, as well as health and life sciences. The firm's investment strategy encompasses various regions, including Belarus, Latvia, Lithuania, Ukraine, Russia, and Poland. Founded by Belarusian tech entrepreneur Yuri Melnichek and his partner Andrei Avsievich, Bulba Ventures aims to empower innovative companies in the machine learning sector.

Andrei Avsievich

Partner / Co-Founder

Past deals in Belarus

OneSoil

Seed Round in 2019
OneSoil is a precision farming platform that focuses on enhancing agricultural productivity through innovative technology. Founded in 2017 and headquartered in Minsk, Belarus, the company utilizes satellite imagery and machine learning to provide detailed soil analysis and field monitoring tools. Its mobile application and platform offer farmers and agricultural companies insights that help improve profitability and sustainability. The OneSoil platform includes features such as Precision Insights tools and a Business to Business API, which leverage extensive data from field trials and proprietary ground truth information. Serving primarily the United States and Europe, OneSoil aims to assist farmers in effectively planning operations, increasing productivity, and optimizing resource usage.

WANNA

Seed Round in 2018
WANNA is a company that designs and develops augmented reality (AR) mobile software, specifically focused on the beauty and fashion sectors, including luxury items and footwear. Founded in 2017 and headquartered in Minsk, Belarus, WANNA employs advanced technologies such as computer vision, neural networks, and rendering to provide innovative try-on, fitting, sizing, and personalization services. Its flagship product, Wanna Kicks, is recognized as the first-ever AR try-on solution for shoes. The company's platform aims to enhance the online shopping experience by enabling consumers to visualize products in real life, ultimately increasing conversion rates and reducing return rates for e-commerce brands. Additionally, WANNA's solutions help improve brand awareness, recognition, and customer engagement in the retail environment, thereby transforming traditional shopping experiences.

OneSoil

Pre Seed Round in 2017
OneSoil is a precision farming platform that focuses on enhancing agricultural productivity through innovative technology. Founded in 2017 and headquartered in Minsk, Belarus, the company utilizes satellite imagery and machine learning to provide detailed soil analysis and field monitoring tools. Its mobile application and platform offer farmers and agricultural companies insights that help improve profitability and sustainability. The OneSoil platform includes features such as Precision Insights tools and a Business to Business API, which leverage extensive data from field trials and proprietary ground truth information. Serving primarily the United States and Europe, OneSoil aims to assist farmers in effectively planning operations, increasing productivity, and optimizing resource usage.
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