Leta Capital

Leta Capital is a venture capital firm established in 2012 and based in the Cayman Islands, focusing on early-stage B2B software startups. Funded by Russian IT entrepreneur Alexander Chachava, the firm aims to support innovative companies at the late seed and early growth stages, primarily in Eastern Europe and Israel. Leta Capital typically invests around 2 million USD in startups with existing sales in international markets. The firm emphasizes collaboration with talented entrepreneurs who aspire to build substantial companies. With a successful track record that includes notable exits, such as the sales of Unomy and Bright Box, Leta Capital recently raised a second fund of 50 million USD, reinforcing its commitment to fostering long-term partnerships in the technology sector.

Vahan Mgebryan

General Partner

Sergey Toporov

Partner

Past deals in CIS

Novakid

Series B in 2021
NovaKid Inc. is an online English school headquartered in San Francisco, California, specializing in early English language education for children. Founded in 2017, the platform connects students with native-speaking certified teachers for individual lessons, enhancing language skills through remote practice. In addition to live instruction, NovaKid incorporates AI-powered games and training applications that promote speaking and comprehension by utilizing authentic English content. The company serves a diverse student base across more than 30 countries, with a significant presence in Europe and the MENA region, particularly in Poland, Spain, Italy, Turkey, and Russia. NovaKid aims to provide an engaging and effective learning experience for young learners worldwide.

Novakid

Series A in 2020
NovaKid Inc. is an online English school headquartered in San Francisco, California, specializing in early English language education for children. Founded in 2017, the platform connects students with native-speaking certified teachers for individual lessons, enhancing language skills through remote practice. In addition to live instruction, NovaKid incorporates AI-powered games and training applications that promote speaking and comprehension by utilizing authentic English content. The company serves a diverse student base across more than 30 countries, with a significant presence in Europe and the MENA region, particularly in Poland, Spain, Italy, Turkey, and Russia. NovaKid aims to provide an engaging and effective learning experience for young learners worldwide.

Novakid

Seed Round in 2020
NovaKid Inc. is an online English school headquartered in San Francisco, California, specializing in early English language education for children. Founded in 2017, the platform connects students with native-speaking certified teachers for individual lessons, enhancing language skills through remote practice. In addition to live instruction, NovaKid incorporates AI-powered games and training applications that promote speaking and comprehension by utilizing authentic English content. The company serves a diverse student base across more than 30 countries, with a significant presence in Europe and the MENA region, particularly in Poland, Spain, Italy, Turkey, and Russia. NovaKid aims to provide an engaging and effective learning experience for young learners worldwide.

Unigine

Seed Round in 2019
Unigine is a global company specializing in real-time 3D technologies, providing innovative B2B solutions across various industries, including simulation, visualization, video games, scientific research, and virtual reality systems. The company aims to make immersive virtual experiences accessible by offering automated tools that assist developers in building, testing, and deploying their products. Unigine has gained recognition for its commitment to advancing technology and enhancing the capabilities of three-dimensional visualization and simulation across multiple sectors.

inDrive

Series B in 2018
inDriver is an international ride-hailing service based in Mountain View, California, recognized as one of the top ride-sharing apps globally by download statistics. Founded in Yakutsk, Russia, in response to exorbitant taxi fares during harsh winter conditions, inDriver introduced a unique pricing model that allows passengers to set their own fare for trips. This bid-style approach gives users the autonomy to determine what they are willing to pay, while drivers can choose to accept the offered price, fostering a fair and competitive environment. The app has grown significantly, boasting over 70 million users across more than 450 cities in 32 countries. In addition to its core services, inDriver is committed to social responsibility through initiatives like the BeginIT project, which provides technology education and career guidance to children in orphanages and rural schools, helping to equip them with valuable skills for the future.

Unigine

Seed Round in 2018
Unigine is a global company specializing in real-time 3D technologies, providing innovative B2B solutions across various industries, including simulation, visualization, video games, scientific research, and virtual reality systems. The company aims to make immersive virtual experiences accessible by offering automated tools that assist developers in building, testing, and deploying their products. Unigine has gained recognition for its commitment to advancing technology and enhancing the capabilities of three-dimensional visualization and simulation across multiple sectors.

inDrive

Series A in 2017
inDriver is an international ride-hailing service based in Mountain View, California, recognized as one of the top ride-sharing apps globally by download statistics. Founded in Yakutsk, Russia, in response to exorbitant taxi fares during harsh winter conditions, inDriver introduced a unique pricing model that allows passengers to set their own fare for trips. This bid-style approach gives users the autonomy to determine what they are willing to pay, while drivers can choose to accept the offered price, fostering a fair and competitive environment. The app has grown significantly, boasting over 70 million users across more than 450 cities in 32 countries. In addition to its core services, inDriver is committed to social responsibility through initiatives like the BeginIT project, which provides technology education and career guidance to children in orphanages and rural schools, helping to equip them with valuable skills for the future.

Double Data

Series A in 2015
Double Data, founded in 2012 and headquartered in Moscow, Russia, specializes in providing banking software solutions tailored for financial institutions. The company's offerings leverage advanced technology, including data analysis, machine learning, and data mining, to enhance various banking processes. These processes encompass customer acquisition, assessment, and debt collection, enabling banks to improve their overall performance and efficiency. By integrating Big Data analysis tools with innovative learning methods, Double Data aims to address the evolving needs of the financial sector.

RoboCV

Series A in 2015
RoboCV is a company based in Moscow, Russia, specializing in intelligent autopilot systems for the logistics sector. Its flagship product, RoboCV X-MOTION NG, is a multifunctional system designed to automate the movement of pallet goods within warehouses. This system includes an electric pallet truck paired with the RoboCV AUTOPILOT, allowing for offline operation without a driver. The technology supports various logistical operations such as accepting goods, shipping, cross-docking, and order picking. RoboCV primarily serves warehouse operators, retail companies, and other businesses engaged in warehousing, aiming to enhance efficiency by replacing manual labor in routine tasks. Founded in 2012, RoboCV is focused on promoting the adoption of automated navigation systems to improve intra-warehouse logistics and facilitate the use of autonomous devices in transport.

RoboCV

Seed Round in 2013
RoboCV is a company based in Moscow, Russia, specializing in intelligent autopilot systems for the logistics sector. Its flagship product, RoboCV X-MOTION NG, is a multifunctional system designed to automate the movement of pallet goods within warehouses. This system includes an electric pallet truck paired with the RoboCV AUTOPILOT, allowing for offline operation without a driver. The technology supports various logistical operations such as accepting goods, shipping, cross-docking, and order picking. RoboCV primarily serves warehouse operators, retail companies, and other businesses engaged in warehousing, aiming to enhance efficiency by replacing manual labor in routine tasks. Founded in 2012, RoboCV is focused on promoting the adoption of automated navigation systems to improve intra-warehouse logistics and facilitate the use of autonomous devices in transport.

iBinom

Seed Round in 2013
iBinom Inc. offers a cloud-based solution for genomic data analysis. It provides iBinom, a SaaS platform that provides genome interpretation solution for the diagnostics of Mendelian diseases. The company’s solution also enables revealing a single mutation across various nucleotides, as well as clinical interpretation of human genome and exome data. Its platform is used by medical professionals in the Russian Federation and internationally. The company was founded in 2014 and is based in Moscow, Russian Federation.

MSU Business Incubator

Seed Round in 2013
The MSU Business Incubator, established in 2010 at Moscow State University, serves as an accelerator for aspiring entrepreneurs, offering the resources needed to transform ideas into viable businesses. It supports young innovators by providing financing, workspace, and guidance, helping them navigate the crucial stages of product development over a structured five-month program. With 29 resident companies and over 1,000 applications processed, the incubator has facilitated the creation of more than 175 jobs. The turnover of resident companies and incubator graduates exceeds 100 million rubles, while the total investments attracted surpass 500 million rubles. The market valuation of companies associated with the incubator exceeds 1 billion rubles, highlighting its significant impact on the entrepreneurial landscape.

HamsterSoft

Seed Round in 2013
HamsterSoft, founded in 2010 and based in Moscow, specializes in the development and distribution of software products aimed at enhancing user experience through convenience and functionality. The company has made significant strides in the software industry, achieving recognition as one of the top 20 programs globally within its first year, with over 8 million downloads. Its product lineup includes user-friendly tools such as the HAMSTER Free ZIP Archiver, which utilizes multi-core processors for efficient archiving, the HAMSTER Free Video Converter and Free eBook Converter, both designed to simplify file conversions, and the Hamster Free Burning Studio, which focuses on data burning for laser disks. The company’s offerings have been translated into 40 languages, making them accessible to a diverse global audience. With a growing fanbase of over 140,000 on social media, HamsterSoft continues to expand its reach and impact in the software market.

RedHelper

Seed Round in 2012
RedHelper is the developer of an online consultant system. Their solution allows you to instantly communicate with the visitor (LiveChat), providing a better level of service that leads to sales. Their technology sharing browser (Co-Browse) will provide as information about the visitor. As of August 2013 20 000 clients trust RedHelper.

Displair

Seed Round in 2012
Displair is an innovative developer and producer of gesture-controlled interactive air display technologies. Its flagship product is a 3D-interactive air display that projects user-controlled digital images in mid-air, allowing for a unique multimedia experience that engages multiple senses, including sight, sound, touch, and smell. This advanced display can project various content types, such as static images, videos, and 3D models, making it suitable for diverse applications like advertising, vehicle dashboards, and personal devices. The Displair system consists of an air screen generator, receiving devices, a projector, and a computer integrated into a single unit. Its interactive capabilities are enhanced by the ability to process up to 1,500 simultaneous touches, facilitating unlimited user interaction. Additionally, the system's design allows for seamless integration with technologies like NFC, and it can be augmented with features such as aroma units and a 3D control system, further expanding its functionality. Displair offers basic software along with options for customized programs tailored to meet various business needs, positioning itself as a leader in the field of interactive air display solutions.

Displair

Seed Round in 2012
Displair is an innovative developer and producer of gesture-controlled interactive air display technologies. Its flagship product is a 3D-interactive air display that projects user-controlled digital images in mid-air, allowing for a unique multimedia experience that engages multiple senses, including sight, sound, touch, and smell. This advanced display can project various content types, such as static images, videos, and 3D models, making it suitable for diverse applications like advertising, vehicle dashboards, and personal devices. The Displair system consists of an air screen generator, receiving devices, a projector, and a computer integrated into a single unit. Its interactive capabilities are enhanced by the ability to process up to 1,500 simultaneous touches, facilitating unlimited user interaction. Additionally, the system's design allows for seamless integration with technologies like NFC, and it can be augmented with features such as aroma units and a 3D control system, further expanding its functionality. Displair offers basic software along with options for customized programs tailored to meet various business needs, positioning itself as a leader in the field of interactive air display solutions.

Wakie

Seed Round in 2012
Wakie is a mobile application developer based in Moscow, Russia, established in 2011. The company specializes in providing real live human wake-up calls through a community-driven approach, allowing users to wake each other up rather than relying on traditional alarm clocks. Its primary applications include Wakie, an international wake-up service, and Budist, which caters to Russian-speaking users. In addition to wake-up calls, Wakie also offers a platform for social calling and chatting, where users can connect with others to discuss various topics or seek advice, fostering meaningful conversations among a global community.
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