Flashpoint Venture Capital

Flashpoint Venture Capital, established in 2012 and headquartered in London, is an international investment group managing six funds with a combined assets under management of approximately $500 million. The firm focuses on investing in Western tech companies founded by expats from Emerging Europe and Israel, with a particular interest in software, business products and services, and emerging technologies such as IoT, cybersecurity, and SaaS. Flashpoint has invested in over 50 companies, including notable names like Guesty, Chili Piper, and Office R&D, and has successfully exited from investments in Shazam (acquired by Apple) and Chess.com (acquired by PokerStars founders and General Atlantic). The company maintains offices in key locations across Europe and Israel to facilitate its investment activities.

Erik Allebest

Venture Partner

Laith Anezi

Venture Partner

Igor Bilous

Managing Partner

Persia Georgiadou

Investor

Lukas Harustiak

Partner and Member of the Investment Committee

Roman Ivaniuk

Managing Partner

Gauri Kamath

Analyst

Mohamad Kaswani

Venture Partner

Alexander Konoplyasty

Co-Founder, Managing Partner and General Partner

Radosław Kwiatkowski

Investment Director

Shaul Levi

Venture Partner

Marton Medveczky

Associate Partner

Denis Mosolov

Managing Partner

Daniel Neder

Venture Partner

Michal Papuga

Investment Associate

Bart Peczkowski

Venture Partner

Etienne Quinodoz

Investment Associate

Maria Savelieva

CFO and Partner

Alexey Sidorov

Investment Director

Dmitry Smirnov

Investment Director

Michael Szalontay

Co-Founder and General Partner

Ilja Velickis

Associate Partner

Noam Wolf

Partner

Past deals in Finland

Bob W

Series B in 2024
Bob W is a provider of short-stay accommodation services that offers an alternative to traditional hotels. The company operates a managed marketplace of serviced apartments that combine the quality standards and amenities of a lifestyle hotel with the authenticity and functionality of a home. Each apartment is locally designed, work-friendly, and equipped with hotel linens and professional cleaning services. Additionally, the accommodations feature fully equipped kitchens, access to local gyms, and curated breakfast options. This approach allows travelers to easily find and enjoy short-stay accommodations tailored to their needs while ensuring a high standard of service and ecological mindfulness.

Bob W

Series A in 2022
Bob W is a provider of short-stay accommodation services that offers an alternative to traditional hotels. The company operates a managed marketplace of serviced apartments that combine the quality standards and amenities of a lifestyle hotel with the authenticity and functionality of a home. Each apartment is locally designed, work-friendly, and equipped with hotel linens and professional cleaning services. Additionally, the accommodations feature fully equipped kitchens, access to local gyms, and curated breakfast options. This approach allows travelers to easily find and enjoy short-stay accommodations tailored to their needs while ensuring a high standard of service and ecological mindfulness.

OGOship

Seed Round in 2021
OGOship Oy is a third-party logistics provider specializing in services for e-commerce businesses. Founded in 2011 and based in Helsinki, Finland, the company offers a comprehensive range of logistics solutions, including warehousing, inventory management, and shipping services. OGOship enables online retailers to outsource their logistics needs, allowing them to focus on sales and customer engagement. With a network of warehouses located in multiple countries, including Sweden, the Netherlands, and Estonia, the company helps small to medium-sized retailers store products closer to their customers, thereby reducing delivery times. Additionally, OGOship provides an online platform for managing shipping and logistics, along with consultancy services to optimize supply chain operations. Through its offerings, OGOship aims to facilitate global selling and streamline the logistics processes for e-commerce businesses.

Dispelix

Series B in 2021
Dispelix Oy is a Finnish company specializing in the design and manufacture of optical see-through displays for smart glasses and extended reality (XR) devices. Founded in 2015 and headquartered in Espoo, Finland, Dispelix develops advanced waveguide combiners that create transparent displays, allowing users to experience a seamless blend of virtual and real-world environments. The company's flagship product, DiSPEL, utilizes a lens-like light guide to project high-quality, full-color images into the user's field of view, compatible with various image sources including LCOS, LCD, LED, and laser technologies. With subsidiaries in the United States and China, Dispelix aims to be a key player in the XR industry, partnering with leading companies to innovate and enhance the functionality and design of XR wearables.

Dispelix

Series A in 2021
Dispelix Oy is a Finnish company specializing in the design and manufacture of optical see-through displays for smart glasses and extended reality (XR) devices. Founded in 2015 and headquartered in Espoo, Finland, Dispelix develops advanced waveguide combiners that create transparent displays, allowing users to experience a seamless blend of virtual and real-world environments. The company's flagship product, DiSPEL, utilizes a lens-like light guide to project high-quality, full-color images into the user's field of view, compatible with various image sources including LCOS, LCD, LED, and laser technologies. With subsidiaries in the United States and China, Dispelix aims to be a key player in the XR industry, partnering with leading companies to innovate and enhance the functionality and design of XR wearables.

Bonusway

Series A in 2016
Bonusway, headquartered in Helsinki, Finland, is a leading growth company specializing in cashback rewards for online shoppers. It offers consumers cash rewards and shopping inspiration, while providing eCommerce businesses with a platform to engage loyal customers and achieve marketing objectives. With a user base of over 5 million and partnerships with 8,000 eCommerce merchants globally, Bonusway operates in Russia, the Nordic countries, Central and Eastern Europe, and Turkey. In Russia, it operates under the brand Kopikot. The company's platform employs machine learning for personalized user experiences and direct cash rewards to users' bank accounts, driving sales for merchants.
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