Bulba Ventures is a venture capital firm that specializes in startup and early-stage investments with a focus on machine learning companies. It targets Belarusian startups and teams ready to relocate to Minsk, seeking technical excellence and a strong competitive edge, and pursues opportunities at the intersection of real economy IT and health and life sciences. The firm was founded in 2018 by Yuri Melnichek and Andrei Avsievich and conducts investments across Belarus and neighboring countries, including Latvia, Lithuania, Ukraine, Russia and Poland.
Specialist VC is a Tallinn-based venture capital firm founded in 2017 that backs early-stage startups, typically from pre-seed to Series A rounds. The firm focuses on companies operating in business-to-business software, software as a service, fintech, platforms, software-enabled hardware, and deep technologies. Its active geographic focus includes Estonia, Latvia, Lithuania, Finland, Ukraine, and Belarus, with a stated aim of supporting founders across these markets.
IFU is a venture capital and private equity firm based in Copenhagen, Denmark, that specializes in providing equity, mezzanine financing, loans, and guarantees to projects in developing countries. Established in 1967, IFU focuses on creating and financing new businesses, joint ventures between Danish companies and local partners, and acquiring existing ventures. The firm primarily invests in sectors such as commercial services, biofuels, renewable energy, and irrigation systems, with a particular emphasis on climate and agribusiness. Investments are targeted at countries with a low gross national income per capita, as defined by specific criteria, and include regions across Africa, Asia, Europe, and Latin America. IFU typically invests between DKK 0.5 million and DKK 100 million and often seeks co-investment opportunities with Danish firms. The firm also supports small and medium-sized enterprises and provides advisory services for business investments in developing markets. With a preference for board membership, IFU aims to exit investments within five to seven years, ensuring a positive return for its stakeholders.
RBF Ventures is a venture capital firm based in Moscow, Russia, and is recognized as the first venture fund in Belarus. The firm primarily focuses on investing in technological startups at both the seed stage and growth stages, specifically Series A and B. Its managing partners include the Belarusian Innovation Fund and RVC Infrafund, which support its mission to foster innovation and growth in the technology sector.
Starta Accelerator is a technology startup accelerator headquartered in New York, operating as part of Starta Ventures. It specializes in early-stage programs for European-origin and Eastern European founders seeking to enter the United States market. The accelerator runs a 14-week program complemented by a 3.5-month mentorship track, designed to help participants define product-market fit, gain traction, and integrate into the local startup and investing ecosystem. It provides an investment of about 130,000, including 110,000 in program services and 20,000 in cash, in exchange for 7 percent equity, plus an additional 20,000 of potential follow-on support for high-performing startups. The program emphasizes technology startups with European R&D roots and aims to bridge cultural and business practice gaps to enable startups to scale in the US. Starta Accelerator operates as a subsidiary of Starta Ventures and has a broader network that includes venture funds and education initiatives.
Based in the San Diego area of California, TVC Capital is a private equity firm that focuses on growth equity investments in software companies and software-enabled services across the United States. It targets U.S. business-to-business software firms generating at least $2.5 million in annual revenue, and is open to opportunities below that threshold if the business is at an inflection point and poised for future growth. The firm provides growth capital through minority investments as well as financing for recapitalizations and buyouts. Its team comprises operating executives with broad hands-on experience managing every stage of company growth, enabling close collaboration to accelerate technology-driven growth and operational improvements.
Founded in 2017 and headquartered in Paphos, Cyprus, GEM Capital is a prominent venture capital firm specializing in gaming investments. With a focus on growth capital and A-B rounds, the firm invests globally, supporting promising projects with international ambitions and scalable business models.
JAL Ventures is a venture capital firm based in Herzliya, Israel, founded in 2004. It provides expansion and early-stage capital to fast-growing Israeli technology companies at pre-A and Series A stages. The firm focuses on software, e-commerce, internet services, enterprise technology, and cybersecurity, with emphasis on B2B models and SaaS. It primarily invests in Israel-based companies, often seeking those with about one million dollars in annual revenue. Areas of interest include IT services, information technology, cloud, devops, Internet of Things, and security-oriented solutions within business products and services and e-commerce.
Noventiq is a global solutions and services provider specializing in digital transformation and cybersecurity. It offers three product lines—Software and Cloud, Services, and Hardware—and serves customers across about 60 countries, including Latin America, EMEA, and APAC, with India among them. The company delivers cybersecurity services, future workplace solutions, IT infrastructure and multi-cloud deployment, transformation and management, digital solutions, and Software Asset Management to help enterprises modernize IT, secure operations, and optimize cloud strategies.
AVentures Capital is a Kyiv-based venture capital firm that concentrates on early-stage investments in Ukrainian and broader Eastern European technology companies. Founded in 1994, it seeks to partner with entrepreneurs building global software-enabled businesses across cloud, storage, enterprise software, web and mobile, e-commerce, Internet of Things, and related software tech sectors. The firm emphasizes opportunities in machine learning, big data, augmented and virtual reality, SaaS, and scalable digital platforms, with a preference for companies that can reach developed markets such as the United States and Western Europe. AVentures Capital engages in direct investments across incubation, seed, startup, and early growth rounds, and pursues co-investments and strategic allocations in venture funds. With offices spanning Eastern Europe and Silicon Valley, the firm collaborates closely with management teams to support product development, go-to-market strategy, and international expansion, aiming to help portfolio companies scale globally.
Forestay Capital is an early-growth venture capital firm that backs revenue-generating technology companies across Europe, Israel, and the United States. It focuses on software and data-driven businesses, including artificial intelligence and machine learning, data infrastructure, cybersecurity, productivity, and automation, with the aim of transforming conventional models. The firm operates from London and Geneva and is part of B-FLEXION, an entrepreneurial private investment group, leveraging its experience to help portfolio companies scale and achieve sustainable growth.
Mosaik Partners is a San Francisco-based investment firm that focuses on technology companies across the United States, specializing in early-stage to expansion-stage opportunities. The firm invests in financial technology, payments, software, capital markets technology, regulatory technology, and AI/big data, as well as related business and IT sectors. It combines capital with operating experience to help entrepreneurs scale, drawing on more than 80 years of collective experience in the fintech industry. Mosaik typically provides minority investments and seeks board seats, often acting as a co-investor alongside management teams. The firm prioritizes companies with scalable business models in areas such as P2P, e-commerce enablement, cross-border commerce, and other fintech-enabled services. Based in San Francisco, it pursues U.S.-based opportunities and emphasizes practical support beyond funding.
Verge HealthTech Fund is a venture capital firm headquartered in Singapore that invests in global healthcare technology companies. It targets early-stage opportunities across the healthtech spectrum, including solutions for prevention, disease management and health system efficiency, with a focus on relevance to emerging Asia. The firm supports visionary founders building transformative healthtech businesses, offering backing to help these solutions scale through an active network and strategic guidance across markets.
Intuitive Venture Partners is a New York-based investment banking firm, founded in 2010, that specializes in raising venture and growth capital for emerging technology, healthcare, and biotechnology companies. It provides private equity and venture banking services, advising on the structuring, marketing, and execution of private placements of equity and debt for both private and public companies.
Impulse VC is a Moscow-based venture capital firm established in 2013. It funds and supports early-stage technology companies, focusing on seed to Series A investments in B2B software and SaaS, proptech, adtech, marketing technology, marketplaces, software, and gaming. The firm provides both capital and operational guidance to portfolio companies and conducts activities with international reach across the United States, United Kingdom, and Russia.
SOLventures is a venture capital firm founded in 2013 and based in Nicosia, Cyprus. It pursues early-stage investments in information technology and e-commerce, with a focus on advertising, fintech, mobile, and related sectors. The firm targets opportunities across Russia, the United States, and Europe, leveraging the partners' diverse experience to help startups accelerate growth and deploy capital efficiently.
IrishAngels is an angel group and early-stage venture firm based in Chicago, Illinois, founded in 2012. It funds pre-seed and seed startups across the United States and leverages an active network to help portfolio companies grow. Its investment focus includes software and technology-enabled sectors such as B2B SaaS, consumer products, and medical technology, with interests extending to artificial intelligence and machine learning, fintech, e-commerce, health tech, edtech, IoT, mobility, cleantech, climate tech, real estate tech, and related areas.
PortfoLion Capital Partners is the corporate venture capital arm of OTP Bank, based in Budapest, Hungary, and focused on Central and Eastern Europe. It operates as a venture capital and growth equity investor, backing B2B and B2C technology-enabled companies from pre-seed to Series B, with a flexible fund approach. The firm targets a wide range of sectors, including information technology, fintech, healthcare, artificial intelligence, big data, e-commerce, ad tech, and life sciences, with portfolio companies across the Eastern Europe region. It has supported notable startups such as SEON, Novakid, Tresorit, Packhelp, and Starschema, reflecting its role in nurturing regional tech scaleups. PortfoLion manages about EUR 440 million in assets under management.
Almaz Capital is an international venture capital firm investing in early-stage, capital-efficient technology companies. Headquartered in Silicon Valley, it serves as a bridge between Eastern European and former Soviet engineering talent and the U.S. market to help build global businesses. The firm targets high-growth sectors such as artificial intelligence, blockchain, data engineering, cybersecurity, industrial Internet of Things, and networking infrastructure. Its investors include Cisco, the European Bank for Reconstruction and Development, and the International Finance Corporation. Founded in 2008, Almaz Capital has backed more than 30 portfolio companies and nine exits to date.
Recognize Partners is a private equity firm based in New York that partners with management teams to build technology-focused companies. The firm provides industry insight, operational expertise, and strategic capital to spur innovation and growth across its portfolio. It seeks to invest in technology-enabled sectors such as product and engineering, cybersecurity, digital operations, data and analytics, cloud services, ecosystem partnerships, marketing and information services, artificial intelligence, enablement, compliance, human capital management, commerce, and legal services.
Goldfish Fund is a venture capital firm established in 2001 and based in Vilnius, Lithuania. The firm specializes in investing in early-stage startups within Frontier Markets, seeking opportunities that demonstrate strong potential for growth. Goldfish Fund focuses on a diverse array of sectors, including e-commerce, security, retail, food, restaurant chains, beauty, entertainment, robotics, travel technology, mobile applications, marketplaces, and internet technology. The firm aims to support companies with exceptional products and talented teams that aspire to develop into world-class enterprises.
Robert W. Baird & Co. is an employee-owned financial services firm offering wealth management, capital markets, asset management and private equity capabilities. Founded in 1919 and headquartered in Milwaukee, it provides advisory and investment banking services, asset management and private equity solutions to individual, institutional and municipal clients, and operates through offices and affiliates in the United States, Europe and Asia, with a focus on growth-oriented lower- and middle-market companies.
Uncork Capital is a California-based venture capital firm founded in 2004 as SoftTech VC. It concentrates on seed- and early-stage investments in software, consumer products and services, marketplaces, hardware, and other technology sectors, with a geographic focus on the United States and Canada. The firm backs startups across areas such as SaaS, fintech, e-commerce, health tech, artificial intelligence and machine learning, and provides strategic support including product development, go-to-market planning and business development to its portfolio companies.
Greycroft is a venture capital firm based in New York and Los Angeles that concentrates on technology startups, with a focus on the Internet and mobile markets. The firm uses its extensive media and technology industry connections to help entrepreneurs gain visibility, build strategic relationships, bring products to market, and scale successful businesses. Since inception Greycroft has invested in more than 200 companies and manages over $1 billion in capital. Its investment scope spans consumer internet, fintech, healthcare, and enterprise software, reflecting a broad approach to funding early- and growth-stage ventures in technology sectors.
High Alpha is an Indiana-based venture studio and early-stage investor focused on B2B SaaS. Headquartered in Indianapolis, it builds and scales business-to-business software companies by combining studio services—design, finance, talent, marketing, branding, and go-to-market—with capital support to create enterprise-scale ventures. Founded in 2015, the firm concentrates on early-stage software and SaaS opportunities in the United States.
Atlantic Labs is a Berlin-based venture capital firm focused on early-stage investments. They back mission-driven founders at the earliest stages, supporting entrepreneurs throughout their journey and aiming to build world-leading companies. Since its inception, the firm has led numerous first-round investments in category-defining startups across Europe, including sectors such as decarbonization, artificial intelligence, industrial automation, digital health, future of work, mobility, fintech, proptech, and consumer internet. The firm maintains activity in Germany and Europe and seeks to partner with startups tackling social challenges and emerging technologies.
Based in Limassol, Cyprus, Insta Ventures is a venture capital firm established in 2019 that focuses on early-stage technology startups. The firm invests across a broad range of IT sectors, including software-as-a-service, enterprise software, mobile apps, robotics, adtech/marketing tech, fintech, IoT, artificial intelligence and machine learning, augmented and virtual reality, devops and cloud, edtech, and crypto/blockchain. It typically provides seed to pre-Series A funding, ranging around $100,000 to $500,000, and supports portfolio companies with go-to-market and sales development, helping them scale and prepare for subsequent financing rounds. Insta Ventures also considers co-investments to back ambitious teams as they build globally scalable products.
Creathor Ventures is a Bad Homburg based venture capital firm with offices in Bad Homburg and Zurich that backs technology and life sciences companies across Western Europe, with a focus on Germany and Switzerland. It supports seed to growth‑stage companies in software, AI, Industry 4.0, digital health, diagnostics, devices and drug development, investing in frontier technologies within tech and healthcare. The firm often acts as lead investor and collaborates with portfolio companies to scale operations and accelerate commercialization; the team numbers around 15 professionals and provides hands‑on support and strategic guidance.
IBB Ventures is a Berlin-based venture capital firm and mezzanine investor affiliated with Investitionsbank Berlin. Founded in 1997, it concentrates on seed, early, and mid venture opportunities in technology-oriented companies and the creative industries, primarily based in Berlin. The firm backs information and communication technology, hardware and software, network and mobile technologies, new media, biotechnology, and media technology, as well as industrial technologies such as software, supply chain management, automation, manufacturing, and transport and energy tech. It also engages in entertainment, publishing, advertising, fashion and culture projects. Typical investments range from about €0.25 million to €3 million per transaction, and the firm often takes a board seat in its portfolio companies. The emphasis is on growth across tech-enabled ventures and digital media in the Berlin ecosystem.
The EBRD is an international financial institution founded in 1990 and headquartered in London that provides project financing and advisory services to support private sector development and transformation in emerging markets. It finances banks, industries, and businesses, supports new ventures and investments in existing companies, and helps privatize and restructure municipal services in publicly owned entities. Through its banking and treasury activities, it offers loans, equity and quasi-equity investments, guarantees, and equity funds for smaller enterprises, along with trade finance and loan syndication. It works with commercial partners to invest in private enterprises across sectors including energy, manufacturing, ICT, infrastructure, agribusiness, and real estate, across Europe, the Middle East and beyond, including a significant footprint in Central and Eastern Europe, the Baltics, and the Caucasus. It provides policy reform dialogue and advisory services to support market modernization, governance, and reform. It has invested over €130 billion in more than 5,000 projects.
High-Tech Gründerfonds is a Germany-based seed and early-stage venture capital firm focused on technology companies in Germany. Based in Bonn with an additional office in Berlin, it operates as a public-private partnership that supports high-tech startups across information technology, software, hardware, life sciences, chemistry and related fields. HTGF provides initial funding and follow-on capital to eligible young companies, often taking minority stakes and participating as lead or co-investor, while offering hands-on guidance from experienced investment managers and startup experts. Since its founding in 2005, the firm has backed numerous startups and facilitated the growth of portfolio companies through multiple funds aimed at early stages. The model combines both public support, involving government and financial institutions, with private investor participation to nurture startups from concept to market.
Chernovetskyi Investment Group is a Kyiv-based venture capital firm founded in 2012 that invests in startups across early to late stages. The firm focuses on internet, IT, cloud computing, mobile applications, data management and big data, electronic payment systems, and software, and seeks opportunities in innovative development and technologies. It emphasizes collaboration with current project owners rather than taking over ownership and supports projects through development at all stages.
Founded in 2013 and headquartered in Chicago, Ringleader Ventures facilitates mutual success between startups and corporations through strategic partnerships.
PJC is a venture capital firm based in Boston, founded in 2001. It is an early-stage investor that backs entrepreneurs across all industries in North America, providing capital and active support to help them build companies that shape the future. The firm has backed more than 100 companies, including Expensify, Nest, BlockFi, GetWell Network and Nexamp, reflecting broad sector experience and a focus on long-term relationships.
Granatus Ventures is a venture capital firm founded in 2013 and based in Yerevan, Armenia, with additional offices in London and Singapore. It provides investment, networks and expertise to startups worldwide and focuses on sectors including artificial intelligence, data sciences, biotechnology, robotics, healthcare, education, food and agriculture, resource efficiency and advanced computing, aiming to leverage Armenia's potential as an emerging technology hub.
Blockchain Capital is a venture capital firm founded in 2013 and based in San Francisco, California, specializing in blockchain and crypto-enabled technologies. The firm backs entrepreneurs across multiple stages, providing capital as well as domain expertise, partnerships, recruiting, and strategic guidance to help build blockchain-focused companies. It pursues investments in both equity and tokens and has financed more than 170 companies and projects since its inception. The firm emphasizes its focus on the Bitcoin and broader blockchain economy, and has positioned itself as one of the first dedicated VC funds to support blockchain ecosystems, including accepting capital calls in Bitcoin. With a global outlook, Blockchain Capital backs companies across the crypto and blockchain technology sectors while offering venture-building services to help portfolio companies grow and scale.
Three Tree Ventures is an early-stage technology startup investment fund founded by Shawn Carpenter in 2011 and headquartered in Falls Church, Virginia. The firm invests in exceptional entrepreneurs applying technology to underserved markets, with a preference for startups led by U.S. military veterans, women, or minorities.
Revolution is a Washington, D.C.-based investment firm founded in 2005 by Steve Case. It partners with entrepreneurs to build technology-enabled businesses, investing across stages from early-stage to growth, with a focus on innovating traditional industries. The firm operates a family of funds, including Revolution Ventures and Revolution Growth, and emphasizes geographic diversification via initiatives such as Rise of the Rest Seed Funds to support startups in high-potential regions. Its teams pursue opportunities in consumer internet, media and entertainment, software and services, healthcare IT, financial services, energy, and other technology-enabled sectors across the United States. The firm frequently leads early rounds and may take board seats to help portfolio companies scale.
Established by Moscow's Department of Entrepreneurship and Innovation Policy, this fund promotes venture investment in small enterprises with a focus on scientific and technical spheres.