Fores Ventures

Fores Ventures is a venture capital firm established in 2020 and headquartered in Madrid, Spain. The firm specializes in investing in early-stage startups across various sectors, including retail technology, information technology, and food technology, with a strong focus on e-commerce, augmented reality, and virtual reality. Fores Ventures targets companies located in the United States and Europe, aiming to support innovative businesses that are shaping the future of these industries.

Pavel Annenkov

Co-Founder and Managing Partner

Alexey Chetvergov

Co-Founder and Managing Partner

Dmitry Ivanov

Venture Partner

Andrey Lunev

Venture Partner

9 past transactions

Volta

Seed Round in 2022
Volta is a no-code 3D visual tool. They designinto one of their pre-made templates. Their XR is at the forefront of music technology development, and since finishing the programme, it has partnered up with Warner, Beatport, Boiler Room, Mixcloud, and more to bring the next generation of music experiences to a audience.

Wizart

Seed Round in 2022
Wizart is a developer of innovative digital solutions aimed at revolutionizing the home improvement industry, particularly in the selling of building materials and home decor. The company harnesses advanced technologies, including augmented reality and computer vision, to enhance the shopping experience for consumers and streamline collaboration between manufacturers and retailers. Wizart's offerings include a visualizer tool that allows customers to visualize products in their own spaces, a material cloud that provides rich media and SEO-optimized product descriptions, and a customizable Vision API for creating 3D room layouts. By integrating these solutions, Wizart seeks to elevate the DIY industry and establish a new standard for how building materials and home decor are marketed and sold.

Getfaster

Funding Round in 2021
Getfaster is an online hypermarket based in Moscow, Russia, that specializes in the retail of a wide range of products, including food, drinks, household chemicals, and home goods. The company offers an extensive selection of groceries, ready-made meals, baby food, and beverages, as well as stationery items such as folders and writing accessories. Additionally, Getfaster provides personal care products, including cosmetics and cleaning supplies, and kitchenware, featuring utensils, cookware, and crockery. The platform also caters to pet owners by offering pet supplies like food, toys, and accessories. Founded in 2016, Getfaster enables customers to conveniently purchase everyday items from the comfort of their homes.

Jiffy Grocery

Series A in 2021
Jiffy is an online supermarket with an ultrafast delivery service founded in 2020 and based in London. Jiffy's mission is to transform customers’ online grocery shopping experience to make it faster and more convenient to get the products they need when they need them. Its on-demand delivery service offers a wide selection of fresh produce, meals, and household essentials sourced from popular brands and local suppliers at retail prices. The company uses a network of smart fulfillment centers, known as cloud stores, which are dedicated to serving the needs and are tailored to the tastes of local communities.

Whizz

Seed Round in 2021
Whizz is a provider of subscription-based rental services that focuses on offering last-mile vehicles to delivery drivers. The company allows users to rent e-bikes on a monthly basis, facilitating efficient and convenient delivery solutions. Whizz emphasizes user comfort and convenience by providing technical service and support throughout the rental period, ensuring that customers do not have to deal with maintenance or repair issues. With a design that prioritizes ease of use, Whizz's e-bikes aim to alleviate the challenges of traffic and parking, making the delivery process faster and more manageable for users.

MetroSpeedy

Seed Round in 2021
MetroSpeedy is a technology-driven local delivery company specializing in on-demand, same-day, and scheduled delivery services across various industries, including meal kits, pharmacy, dry cleaning and laundry, and retail. The company offers a user-friendly platform that facilitates quick and secure deliveries, featuring a simple purchase form, real-time tracking, and delivery notifications to enhance the customer experience. MetroSpeedy partners with startups, aggregators, and enterprise clients, providing them with a comprehensive last-mile logistics solution. Its services include connecting businesses to a network of drivers and offering features such as reattempts and returns, all managed through an integrated dashboard designed to improve customer retention through visibility and automation.

NADUVI

Series A in 2021
NADUVI is an online marketplace specializing in furniture and interior products sourced from various leading brands. The platform focuses on offering overstock items, including furniture, bathroom fittings, and designer lighting, allowing customers to access high-quality home and living products at competitive prices. By facilitating direct shipping from sellers to consumers, NADUVI streamlines the distribution process, reducing unnecessary stops and costs associated with traditional retail channels. This model not only enhances efficiency but also enables customers to realize their interior design concepts with a curated selection of products while brands benefit from a platform to reach a broader audience.

GETFASTER.IO

Seed Round in 2021
GetFaster.IO changes the way people buy groceries. With delivery time starting from 10 minutes, target assortment of 2500 SKUs and prices in line with the next chain store, GetFaster is disrupting food retail market to become one of biggest German grocery retailers. GetFaster launched its operations in Düsseldorf in October 2021 to provide German households with fast, convenient, and safe way to buy groceries. With delivery time starting from 10 minutes, prices in line with the closest chain store, and assortment of 1500+ SKUs (to be increased to 2500+), GetFaster is challenging classic grocery retail market. GetFaster big goal is to become one of leading German grocery retailers, offering its services to at least 15 mln German households. Disruption is based on the business model of superfast delivery from the closest Micro Fulfillment Center (MFC), or “darkstore”, as some call them. This model has already proved its efficiency in different countries, from UK and USA to Russia and Turkey. GetFaster GmBH has raised pre-seed round of €1,2mln from several international private investors in January 2021. The business demonstrates steady weekly growth at rate of 25%+ and impressive €45 average check. Currently operating from its first MFC in Düsseldorf, GetFaster plans to open 3-4 new darkstores and start delivery in Essen until June. GetFaster plans to raise more capital on seed round in May-June to maintain aggressive growth and cover at least German cities in 2021. Founders of GetFaster have their roots in ecommerce, grocery retail, logistic, and IT.

Tiggy

Seed Round in 2020
Tiggy is a grocery delivery platform focused on transforming the way consumers purchase everyday essentials. Operating in Vancouver, the company provides a diverse selection of products across categories such as grocery, personal care, pet supplies, and fresh produce. Tiggy distinguishes itself by offering free delivery with no hidden fees or subscription requirements, allowing customers to conveniently avoid long queues and the burden of carrying heavy bags. The platform aims to enhance the shopping experience by prioritizing accessibility and efficiency in everyday purchases.
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