Xploration Capital

Xploration Capital is a London-based venture capital firm that focuses on supporting ambitious founders in building next-generation platforms, digital ecosystems, and SaaS companies. With a combined experience of over 50 years in investing, consulting, and fundraising, the firm is dedicated to identifying hidden opportunities within various sectors, including consumer, mobility, commerce, digital education, education technology, digital health, and the future of work. Xploration Capital takes a hands-on approach, providing valuable insights and market intelligence to early-stage companies and assisting their best portfolio companies in subsequent funding rounds. The firm is committed to fostering innovation and change, aiming to help entrepreneurs who aspire to make a significant impact on the world. Through their efforts, Xploration Capital has been involved in transactions exceeding $5 billion, aiding some of the most iconic companies in their journey from launch to exit.

Sergei Balakirev

Investment Director

Nikolay Melnichuk

Partner

Eugene Timko

Co-Founder and Managing Partner

27 past transactions

Careerist

Series A in 2023
Careerist is an ed-fintech platform that specializes in training job seekers for various tech careers, including Quality Assurance, Sales, and Support. It addresses the growing demand for specific hard skills through fast training programs that can be completed in months, catering to individuals who prefer targeted education over traditional degree paths. Careerist's approach includes live and self-paced training sessions delivered by third-party tutors, along with adaptive learning software designed to prepare candidates for tech interviews. The platform also automates the job application process, enhancing candidates' chances of securing employment. Additionally, Careerist focuses on underserved communities by providing financial support and protection to those lacking access to traditional credit products, thus empowering a significant number of job seekers who might otherwise face barriers in pursuing tech careers.

Chaldal

Series C in 2022
Chaldal Limited is an online grocery and delivery service based in Dhaka, Bangladesh, with operations extending to Chattogram and Jashore. Founded in 2013, the company aims to provide customers with a wide selection of daily essentials, including groceries, beauty and health care products, baby care items, and home necessities. Chaldal stocks over 4,000 products across its warehouses and leverages a cloud-based inventory system, allowing customers to view real-time product availability. The company prioritizes convenience by offering delivery within an hour, mimicking the experience of shopping in a large retail store, which is often limited in local markets.

Cooper Pet Care

Seed Round in 2022
Cooper Pet Care is a mobile pet care platform founded in 2022 in Amsterdam, The Netherlands, that offers a variety of health care services for cats and dogs. The platform allows pet owners to schedule video consultations with certified veterinarians at their convenience, providing access to licensed vets through chat or video calls seven days a week. Cooper Pet Care also features an intelligent symptom checker that helps identify potential health issues in pets, gauge their severity, and determine if further veterinary attention is necessary. By combining efficient service delivery with transparent pet insurance options, the platform aims to support pet owners in ensuring the long-term health and well-being of their animals.

Mirai Flight

Pre Seed Round in 2022
Mirai Flights is a UK-based company that provides an instant booking platform for charter flights, focusing on private jets and air taxis across the UK, Europe, the Middle East, and CIS states. Founded in 2021, Mirai Flights aims to streamline the flight booking process by offering clients the ability to select their preferred departure time and location, aircraft class, price, number of passengers, and comfort level. The platform ensures price transparency with guaranteed fixed pricing calculated at the time of booking, allowing for quick and efficient payment options of up to €300,000 in a single click. With the founders' extensive experience in private aviation, Mirai Flights seeks to transform the purchasing habits of flyers and save them valuable time.

Truv

Series A in 2022
Truv is a technology company that provides a streamlined solution for employment and income verifications through its innovative javascript widget. This tool enables users to easily connect their payroll accounts, allowing for instant access to crucial information needed for various verification processes. By simplifying the verification of employment and income, Truv enhances the efficiency of rental applications and loan processes. The platform facilitates actions such as switching direct deposits and managing loan payoffs directly from payroll data. Truv's approach aims to deliver a faster and more cost-effective alternative to traditional manual verification methods.

Kurios

Seed Round in 2021
Kurios is a Y Combinator-backed company that specializes in delivering cohort-based online courses focused on digital business skills in Latin America. The company offers training programs in areas such as Product Management, Growth, and Digital Management, taught by industry professionals from leading global tech firms like Amazon, Stripe, and Uber. Kurios serves a diverse clientele, including major enterprises such as Walmart Mexico, Femsa, and Bancolombia, by providing flexible and interactive training that empowers professionals and organizations to thrive in the digital age.

Educate Online

Venture Round in 2021
Educate Online is an online educational platform that connects international students with schools in the UK, US, and Canada, offering access to quality education for children aged 4 to 18. The platform allows students to pursue part-time or full-time studies, enabling them to earn diplomas equivalent to those from traditional institutions. This innovative approach provides an affordable alternative to full-time education, with costs ranging from $5,000 to $10,000, significantly lower than typical tuition fees. Educate Online's mission is to make high-quality schooling accessible for all children, regardless of their social background or geographic location. The platform collaborates with over 90 universities worldwide, ensuring students have guaranteed enrollment opportunities upon graduation.

Longevica

Venture Round in 2021
Longevica is a life science company founded with the goal to identify mechanisms of life extension and age-related diseases prevention and bring to the market therapies and products with this potential. Started by a team of scientists and philanthropists, Longevica is guided by indisputable scientific data derived from fundamental experiments and comprehensive models. Longevica conducted the largest life extension study on long-lived mice in the history of science and tested 1033 pharmacological compounds on 20,000 long-lived female mice and found five compounds extending their lifespan. The mission of Longevica’s team is to bring the knowledge and products for healthy longevity to billions of people around the world through dietary supplements, drugs and healthy food products.

Qure.Finance

Seed Round in 2021
A sleek and user-friendly interface brings the social-media era to investing, engaging Gen Z who are tired of the mainstream finance industry by giving them the ability to effectively invest in their futures. Users can become finfluencers, uploading their own trading insights and recommendations to the Qure news feed using jargon-free and accessible language. Investors can follow thousands of these insights, using them to gain financial knowledge and inform their own investment strategy. We’re breaking down the Wall Street barrier to bring financial advice to a new generation. More than 140,000 people trust Qure’s team is supported by advisers and investors who previously worked at Robinhood, eTrade, Morgan Stanley, Disney, Drivewealth, Stocktwits and Degiro

Yasno.live

Series A in 2021
Yasno is an online therapy service that provides networked peer-to-peer video sessions. Their psychotherapists conduct individual and confidential video consultations with employees, organize team workshops, and resolve psychological problems.

Open Mineral

Series C in 2021
Open Mineral AG is a cloud-based platform that facilitates direct trading between buyers and sellers of physical commodities, specifically in the base and precious metals sectors. Founded in 2017 and headquartered in Baar, Switzerland, the company streamlines the trading process by linking mining companies with smelters, thereby eliminating intermediaries and enhancing efficiency. The platform provides a range of services including trade execution, an interactive calculator, financing options, price insurance, and real-time communication. It also offers essential additional services for seamless trade execution such as freight, surveying, and insurance. By optimizing trade processes, Open Mineral enables companies to improve profitability and access the best global deals in the commodity market.

Chaldal

Series C in 2021
Chaldal Limited is an online grocery and delivery service based in Dhaka, Bangladesh, with operations extending to Chattogram and Jashore. Founded in 2013, the company aims to provide customers with a wide selection of daily essentials, including groceries, beauty and health care products, baby care items, and home necessities. Chaldal stocks over 4,000 products across its warehouses and leverages a cloud-based inventory system, allowing customers to view real-time product availability. The company prioritizes convenience by offering delivery within an hour, mimicking the experience of shopping in a large retail store, which is often limited in local markets.

Educate Online

Venture Round in 2021
Educate Online is an online educational platform that connects international students with schools in the UK, US, and Canada, offering access to quality education for children aged 4 to 18. The platform allows students to pursue part-time or full-time studies, enabling them to earn diplomas equivalent to those from traditional institutions. This innovative approach provides an affordable alternative to full-time education, with costs ranging from $5,000 to $10,000, significantly lower than typical tuition fees. Educate Online's mission is to make high-quality schooling accessible for all children, regardless of their social background or geographic location. The platform collaborates with over 90 universities worldwide, ensuring students have guaranteed enrollment opportunities upon graduation.

Novakid

Series B in 2021
NovaKid Inc. is an online English school based in San Francisco, California, specializing in teaching English as a Second Language to children aged 4 to 12. Since its inception in 2017, the company has delivered over 14 million English lessons, utilizing a methodology centered on full language immersion through engaging games and activities. NovaKid offers both one-to-one and group lessons with qualified native-speaking teachers, providing children with personalized attention and collaborative learning experiences. The platform aims to complement traditional school learning by creating a safe environment for real-life English speaking practice, essential for future academic and career success. Recognized for its innovative approach, NovaKid has received multiple awards, including the Best Digital Language Learning Product of the Year in 2023 and a place on the Inc 5000 list. The company aspires to build a global community of young English learners, fostering meaningful connections across different cultures.

Quicko

Pre Seed Round in 2021
Quicko is an online marketplace in Australia, focusing on groceries, with future plans to expand to other business lines. Offering a “Personal Shopper” experience, who's shopping on customer behalf from local stores, and deliver it to the customer, with no integration efforts or operational cost on the store. QX is the Operational Arm for Quicko, offering on-demand last-mile delivery services to Quicko, and any other 3rd party merchants. Quicko's mission is to raise the bar for customers’ price, selection and delivery speed expectations, by pioneering the on-demand delivery experience, and empowering offline businesses & local stores. Adding value, not overhead.

Tough Commerce

Seed Round in 2021
Tough Commerce is a developer of a coding-free e-commerce platform tailored for construction suppliers, enabling them to manage and operate their online sales effectively. The platform allows suppliers to create their branded app or web storefront, facilitating the transition of their operations to the digital realm. It includes comprehensive features such as order management, payouts, dispatch logistics, and real-time delivery, providing suppliers with the autonomy and flexibility to handle their orders according to their preferences. Additionally, Tough Commerce offers financial and operational ERP integrations, allowing the platform to function independently or in conjunction with existing systems. This empowers construction suppliers to streamline their phone-in or digital order processes seamlessly.

Naym

Seed Round in 2021
Naym is a business-to-business platform for firms that prioritize working remotely. It keeps tech development safe and swift. On a single platform, select from 15,000+ verified contractors and hundreds of development agencies to hire and manage outstanding remote talent.

Muver

Seed Round in 2021
Muver is a mobile application designed specifically for rideshare and delivery drivers in the United States who utilize major services such as Uber, Lyft, Uber Eats, DoorDash, Grubhub, and Instacart. The application streamlines the workflow for drivers by allowing them to manage multiple platforms in one place, automatically switching between online statuses and accepting trips in the background. This automation helps to minimize unnecessary idling, enabling drivers to focus on their work without the distraction of manually switching apps. By using Muver, drivers can potentially increase their earnings by up to 30%, making their work more efficient and profitable.

Myos

Series A in 2021
Myos, founded in 2018 in Berlin by seasoned e-commerce and financial professionals, is a fintech company focused on transforming working capital solutions for merchants around the globe. The company specializes in asset-based financing services designed to support businesses in expanding their inventory, managing orders, and launching new products. By utilizing big data and machine learning, Myos innovatively assesses risks and collateral, taking advantage of the data transparency offered by online marketplaces. This approach allows Myos to base its financing decisions on the future sales potential of retail products, thereby enabling retailers to scale their operations in a fully digital and flexible manner.

Educate Online

Seed Round in 2020
Educate Online is an online educational platform that connects international students with schools in the UK, US, and Canada, offering access to quality education for children aged 4 to 18. The platform allows students to pursue part-time or full-time studies, enabling them to earn diplomas equivalent to those from traditional institutions. This innovative approach provides an affordable alternative to full-time education, with costs ranging from $5,000 to $10,000, significantly lower than typical tuition fees. Educate Online's mission is to make high-quality schooling accessible for all children, regardless of their social background or geographic location. The platform collaborates with over 90 universities worldwide, ensuring students have guaranteed enrollment opportunities upon graduation.

Novakid

Series A in 2020
NovaKid Inc. is an online English school based in San Francisco, California, specializing in teaching English as a Second Language to children aged 4 to 12. Since its inception in 2017, the company has delivered over 14 million English lessons, utilizing a methodology centered on full language immersion through engaging games and activities. NovaKid offers both one-to-one and group lessons with qualified native-speaking teachers, providing children with personalized attention and collaborative learning experiences. The platform aims to complement traditional school learning by creating a safe environment for real-life English speaking practice, essential for future academic and career success. Recognized for its innovative approach, NovaKid has received multiple awards, including the Best Digital Language Learning Product of the Year in 2023 and a place on the Inc 5000 list. The company aspires to build a global community of young English learners, fostering meaningful connections across different cultures.

ARNA Genomics

Series A in 2020
ARNA Genomics is a biotechnology company focused on advancing early cancer detection through innovative fluid biopsy technologies. Founded in 2013 and headquartered in Moscow City, the company aims to save lives by facilitating early diagnosis when cancer is most treatable. Its genetic testing methodology analyzes free-circulating DNA found in blood plasma, which allows healthcare professionals to detect the presence of cancer at an early stage and initiate timely treatment. By leveraging these advanced technologies, ARNA Genomics contributes to improving patient outcomes in the fight against cancer.

Inkitt

Series A in 2019
Inkitt GmbH is a Berlin-based company founded in 2013 that operates an online community for writers and readers. It provides a platform for authors to share, review, and promote their stories across various genres, including horror, fantasy, romance, sci-fi, and more. Inkitt utilizes a unique data-driven approach to publishing, leveraging crowd wisdom and an algorithm called ReadRank to identify potential bestsellers. The platform allows authors to post their works-in-progress and receive feedback from readers, who can access these manuscripts for free for a limited time. Inkitt also encompasses interconnected applications, including Galatea, which sells optimized stories chapter by chapter, and GalateaTV, which adapts successful e-books into short-form television series. This ecosystem aims to create engaging storytelling experiences across multiple media, with a focus on hyper-personalization through AI to tailor content to individual preferences.

Open Mineral

Series B in 2018
Open Mineral AG is a cloud-based platform that facilitates direct trading between buyers and sellers of physical commodities, specifically in the base and precious metals sectors. Founded in 2017 and headquartered in Baar, Switzerland, the company streamlines the trading process by linking mining companies with smelters, thereby eliminating intermediaries and enhancing efficiency. The platform provides a range of services including trade execution, an interactive calculator, financing options, price insurance, and real-time communication. It also offers essential additional services for seamless trade execution such as freight, surveying, and insurance. By optimizing trade processes, Open Mineral enables companies to improve profitability and access the best global deals in the commodity market.

Loship

Series A in 2017
Loship is a rapidly growing e-commerce platform based in Vietnam that specializes in one-hour delivery services. Designed to meet the demands of modern urban life, it provides a comprehensive range of offerings, including food and grocery delivery, laundry services, medicine delivery, and beauty products. The platform operates a robust logistics network supported by over 70,000 drivers and 200,000 merchants, catering to nearly 2 million customers across major cities such as Hanoi, Ho Chi Minh City, Da Nang, and Can Tho. Loship's diverse services also include ride-hailing, package delivery, flower delivery, and B2B supply services, all aimed at fulfilling the immediate delivery needs of Vietnamese consumers.

Farmy.ch

Venture Round in 2016
Farmy.ch, established in Zurich, Switzerland in 2014 by Roman Hartmann and Tobias Schubert, operates an online marketplace specializing in local and organic food products. It offers over 10,000 items sourced from more than 1,000 selected producers, including fruits, vegetables, meats, dairy, bakery goods, and pantry staples. Farmy.ch prioritizes quality and transparency, ensuring fresh delivery through its own fleet of electric vehicles.
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