TA Venture

TA Ventures, established in 2010, is a global venture capital firm headquartered in Kyiv, Ukraine, with additional offices in Europe and the Cayman Islands. The firm specializes in investing in early-stage technology startups, focusing on sectors such as digital health, mobility & logistics, consumer tech, fintech, and enterprise software. TA Ventures typically invests between $0.25 million to $1 million in growth capital and seed/early series A startups, with the capacity for follow-on investments. The firm prefers to invest in companies based in Ukraine and Israel, and for growth stage investments, it looks for companies with a five to ten-year track record in these regions. TA Ventures also facilitates market entry for Western web companies into local markets through joint ventures. The firm does not take board seats or join advisory boards, instead co-investing alongside high-profile venture funds.

Richard Armstrong

Venture Partner

Roman Khomchuk

Investment Manager

Oleg Malenkov

Partner

Volodymyr Medin

Investment Associate

Stepan Naumov

Partner

Pawel Schapiro

Partner

Igor Semenov

Venture Partner

Past deals in Eastern Europe

Mate Academy

Venture Round in 2021
Mate Academy, founded in 2015 and based in Kyiv, Ukraine, is an educational technology startup that provides free coding education to individuals worldwide. The platform offers online, real-time training in various programming languages, delivered by experienced instructors. Students can access quality educational content at no cost and only pay for the service once they secure employment, making it an accessible option for aspiring programmers. This model allows learners to focus on their training without financial concerns, ultimately helping them build successful careers in technology.

OVO

Seed Round in 2021
OVO is a direct-to-consumer e-grocery platform that specializes in delivering fresh fruits, vegetables, and herbs directly to customers' homes. Committed to ensuring product freshness, OVO aims to provide an experience akin to having produce picked straight from the garden. The service operates in Kyiv and extends its delivery reach to a 25-kilometer area surrounding the capital, catering to the needs of consumers seeking convenient access to high-quality grocery items.

OVO

Seed Round in 2021
OVO is a direct-to-consumer e-grocery platform that specializes in delivering fresh fruits, vegetables, and herbs directly to customers' homes. Committed to ensuring product freshness, OVO aims to provide an experience akin to having produce picked straight from the garden. The service operates in Kyiv and extends its delivery reach to a 25-kilometer area surrounding the capital, catering to the needs of consumers seeking convenient access to high-quality grocery items.

OVO

Seed Round in 2021
OVO is a direct-to-consumer e-grocery platform that specializes in delivering fresh fruits, vegetables, and herbs directly to customers' homes. Committed to ensuring product freshness, OVO aims to provide an experience akin to having produce picked straight from the garden. The service operates in Kyiv and extends its delivery reach to a 25-kilometer area surrounding the capital, catering to the needs of consumers seeking convenient access to high-quality grocery items.

OVO

Pre Seed Round in 2020
OVO is a direct-to-consumer e-grocery platform that specializes in delivering fresh fruits, vegetables, and herbs directly to customers' homes. Committed to ensuring product freshness, OVO aims to provide an experience akin to having produce picked straight from the garden. The service operates in Kyiv and extends its delivery reach to a 25-kilometer area surrounding the capital, catering to the needs of consumers seeking convenient access to high-quality grocery items.

Mate Academy

Seed Round in 2019
Mate Academy, founded in 2015 and based in Kyiv, Ukraine, is an educational technology startup that provides free coding education to individuals worldwide. The platform offers online, real-time training in various programming languages, delivered by experienced instructors. Students can access quality educational content at no cost and only pay for the service once they secure employment, making it an accessible option for aspiring programmers. This model allows learners to focus on their training without financial concerns, ultimately helping them build successful careers in technology.

Renetti

Seed Round in 2018
Renetti is modernizing the European upholstery market, valued at 15 billion, by leveraging digital technologies to enhance the customer shopping experience. The company specializes in personalized furniture, including sofas, beds, and armchairs, which are designed by Italian architects and produced by small manufacturers in Europe. This allows for extensive customization options while maintaining a lead time of 5-6 weeks and competitive pricing. Their integrated IT platform coordinates interactions among product designers, suppliers, manufacturers, and retailers, streamlining logistics and consolidating essential component purchases. Renetti employs advanced technology such as augmented reality and virtual reality for in-store visualization, ensuring a seamless connection between online and offline customer journeys. With offices in Berlin and Kyiv, the company benefits from Germany's sizable market and Ukraine's IT expertise. Renetti has served over 20,000 satisfied customers and is expanding its reach by partnering with small and medium-sized furniture retailers across Europe, offering a comprehensive retail solution that includes a revenue-sharing model to facilitate rapid growth and efficiency.

eTachki

Venture Round in 2016
eTachki is the first online auction platform for the sale of used cars in Ukraine. The company offers a digital marketplace where buyers and sellers can engage in the auction process, facilitating transactions for pre-owned vehicles. By leveraging technology, eTachki aims to streamline the car buying and selling experience in the Ukrainian automotive market. With its headquarters located in Ukraine, the platform serves as a significant player in the country's evolving online commerce landscape.

Renetti

Seed Round in 2015
Renetti is modernizing the European upholstery market, valued at 15 billion, by leveraging digital technologies to enhance the customer shopping experience. The company specializes in personalized furniture, including sofas, beds, and armchairs, which are designed by Italian architects and produced by small manufacturers in Europe. This allows for extensive customization options while maintaining a lead time of 5-6 weeks and competitive pricing. Their integrated IT platform coordinates interactions among product designers, suppliers, manufacturers, and retailers, streamlining logistics and consolidating essential component purchases. Renetti employs advanced technology such as augmented reality and virtual reality for in-store visualization, ensuring a seamless connection between online and offline customer journeys. With offices in Berlin and Kyiv, the company benefits from Germany's sizable market and Ukraine's IT expertise. Renetti has served over 20,000 satisfied customers and is expanding its reach by partnering with small and medium-sized furniture retailers across Europe, offering a comprehensive retail solution that includes a revenue-sharing model to facilitate rapid growth and efficiency.

Equippo.com

Seed Round in 2015
Equippo.com is a commercial equipment company that sells and buys used equipment for the construction industry. They bring together select manufacturers, dealers, leasing companies, and other trusted sellers of heavy equipment with buyers from all over the world, including markets like South America, Russia, and Poland. It operates an online marketplace for used construction equipment. They are very proud of their most important and unique technological innovation - the Equippo final price calculation engine makes it even easier to deal internationally: tariffs, transport, and logistics specific to your region are already included in the price displayed. Equippo.com was founded in 2014 and is headquartered in Zug, Switzerland, Equippo’s dedicated team is as international as its mission; buyers and sellers can speak with salespeople in more than nine languages.

CarPrice.ru

Seed Round in 2014
CarPrice is an online platform based in Russia that specializes in the auction of second-hand cars. It offers sellers instant online valuations and connects them with a network of over 4,000 dealers who participate in competitive bidding. The auction process typically lasts around 30 minutes, allowing dealers to determine the best price for vehicles. CarPrice has rapidly established itself as a leading player in the Russian used car market, ranking among the top three sellers within its first year of operation. The company operates from more than 20 locations, including major cities like Moscow and St. Petersburg. Despite a challenging economic environment that saw a significant decline in new car sales, CarPrice has continued to grow, aiming to increase its monthly auction volume from 4,000 to 10,000. The platform's services not only streamline the selling process but also help buyers access fair market prices for used vehicles.

Renetti

Seed Round in 2013
Renetti is modernizing the European upholstery market, valued at 15 billion, by leveraging digital technologies to enhance the customer shopping experience. The company specializes in personalized furniture, including sofas, beds, and armchairs, which are designed by Italian architects and produced by small manufacturers in Europe. This allows for extensive customization options while maintaining a lead time of 5-6 weeks and competitive pricing. Their integrated IT platform coordinates interactions among product designers, suppliers, manufacturers, and retailers, streamlining logistics and consolidating essential component purchases. Renetti employs advanced technology such as augmented reality and virtual reality for in-store visualization, ensuring a seamless connection between online and offline customer journeys. With offices in Berlin and Kyiv, the company benefits from Germany's sizable market and Ukraine's IT expertise. Renetti has served over 20,000 satisfied customers and is expanding its reach by partnering with small and medium-sized furniture retailers across Europe, offering a comprehensive retail solution that includes a revenue-sharing model to facilitate rapid growth and efficiency.

Topmall

Series A in 2013
Topmall AG operates an online marketplace based in Kyiv, Ukraine, specializing in apparel and accessories from well-known global brands. The platform features over 14,000 products, including clothing, shoes, accessories, children's items, sports goods, and home products, with plans for significant expansion in its offerings. Customers can conveniently order items online, with deliveries made directly to their homes or workplaces throughout Ukraine within 14 working days after order confirmation. Payment can be made via cash on delivery. Topmall's collaboration with reputable European suppliers ensures the availability of quality products, and the platform regularly updates its inventory to include new items, encouraging users to visit frequently for the latest selections.

Bravofly

Venture Round in 2012
Bravofly (Bravofly.com) is part of Bravofly Rumbo Group, a Swiss-based online travel agency, or OTA, with a strong presence in Europe. Through desktop and mobile platforms consumers can easily search for, compare and book flights with both traditional airlines and low cost carriers, as well as hotel accommodations, package holidays, cruises, car rentals and other travel-related products and services. In addition, across the Group they provide customer support services in 12 languages both during the search and booking phase as well as in the post-purchase.They complement their technological platforms with skilled travel agents, customer service operators and call centres. The Group was founded in 2006, but traces its roots to 2004, when Fabio Cannavale and Marco Corradino launched Volagratis, a search engine for low cost flights, in the Italian market. Today Bravofly Rumbo Group operates websites in more than 35 countries and 14 languages; its core markets are Italy, Spain and France and is rapidly expanding into other European markets such as Germany, Eastern Europe and Scandinavia.

Pixonic

Series C in 2011
Pixonic LLC is a mobile game developer and publisher based in Limassol, Cyprus, with additional offices in Moscow and Berlin. Founded in 2009, the company initially focused on social network games but has since concentrated on the mobile gaming market. Pixonic assists other developers in creating multiplayer games and offers services such as game publishing across global networks, online marketing, and detailed game performance analysis. The company is particularly known for its successful title, War Robots, which has garnered over 200 million registered users and generated lifetime revenue exceeding 500 million USD. As part of the MY.GAMES international company, Pixonic continues to innovate and expand its offerings in the competitive mobile gaming industry.
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