Kite Ventures

Founded in late 2008, Kite Ventures is a venture capital firm based in Moscow, Russia. It specializes in investing in early-stage startups, primarily focusing on high technology and internet investments across Europe.

Past deals in Moscow

Trends Brands

Series B in 2013
Trends Brands is a global online fashion retailer that provides a diverse selection of over 10,000 branded products, including womenswear, menswear, footwear, accessories, and jewelry. With approximately 1,500 new items introduced each month, the company is rapidly establishing itself as a leading online fashion destination in Russia. Its platform allows users to shop for international brands at their convenience. Trends Brands also engages its audience through innovative marketing strategies, such as urban festivals, concerts, and fashion weeks, as well as collaborations featuring celebrities wearing its offerings. By leveraging these promotional activities, the company enhances its visibility and appeal in major cities like Moscow and Saint-Petersburg.

Ostrovok.ru

Venture Round in 2011
Ostrovok.ru, founded in 2011 and based in Moscow, operates as a leading online hotel booking platform in Russian-speaking countries. The website offers users access to over 1,000,000 accommodation options, including hotels, hostels, and apartments, sourced directly from providers and through prominent third-party suppliers. This extensive inventory allows Ostrovok.ru to maintain excellent availability and competitive pricing, along with a transparent pricing policy. The company also emphasizes customer feedback by showcasing a growing number of unique reviews. To enhance user experience, Ostrovok.ru manages its own customer service center, employing over 200 staff members available around the clock. Additionally, it has established partnerships with airlines such as Aeroflot and Pobeda, as well as financial institutions like VTB and Alfa Bank, further solidifying its presence in the market.

Pixonic

Series C in 2011
Pixonic LLC, established in 2009 with headquarters in Moscow, Russia, is a subsidiary of Mail.Ru Group Limited. It specializes in developing, publishing, and marketing mobile and social games globally. Pixonic offers services such as game development assistance, detailed analytics, cross-platform publishing, online marketing, and mobile publishing to enhance game performance and revenue. Notably, the company is renowned for its hit game "War Robots," which has amassed over 200 million registered users and generated lifetime revenues exceeding $500 million.
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