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

Yury Melnichek

Partner / Co-Founder

Anna Pozniak

PR Partner

Past deals in Belarus

Vochi

Pre Seed Round in 2019
Vochi is a mobile application focused on creative video editing, leveraging advanced computer-vision technology and AI-based algorithms. The app enables users to apply high-quality effects to individual objects within videos in real-time, maintaining visual fidelity in 1080p resolution. By utilizing neural networks and a custom rendering engine, Vochi allows for unique and personalized video creations, empowering users to express their creativity effortlessly on mobile devices.

WANNA

Seed Round in 2018
WANNA, founded in 2017 and based in Minsk, Belarus, focuses on developing augmented reality (AR) technologies for the beauty and footwear sectors. The company specializes in creating mobile software that enables users to virtually try on products, enhancing the shopping experience through features such as fitting, sizing, styling, and personalization. WANNA's innovative solutions aim to boost e-commerce performance by increasing conversion rates and reducing return rates, while also enhancing brand image and customer engagement in retail settings. The company's flagship product, Wanna Kicks, is recognized as the first-ever AR try-on solution for shoes, showcasing its commitment to transforming how consumers interact with luxury and footwear products.

OneSoil

Pre Seed Round in 2017
OneSoil, founded in 2017 and headquartered in Minsk, Belarus, is a startup focused on developing an AI-based precision farming platform aimed at enhancing agricultural productivity for medium and large farms. The company's platform utilizes satellite imagery and advanced technologies, including machine learning, deep learning models, and computer vision, to analyze soil and monitor farm operations. This enables farmers to optimize their work by predicting crop yields, planning farming activities, and effectively managing resources. OneSoil serves clients across the United States and Europe, offering its services through a mobile application and web platform accessible on various devices. The company has attracted early investment to support its growth and innovation in the agricultural technology sector.
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