Sorry Mr. Putin, but there is a race for Russian and Eastern European founders. And now, in the corrupt West, those horrible capitalists are starting to push the opposition! But seriously … just the other day a fund of $ 100 million was spotted with Russian-speaking entrepreneurs in mind, and others spread.

Now, London-based Untitled Ventures plans to join their field with માટે 100 million / $ 118M for it. Second Funding to invest in “Ambitious Deep Tech Startups with Eastern European Founders”.

Untitled says it is targeting entrepreneurs who are looking to relocate their business or are already headquartered in Western Europe and the USA. It is with all the other existing Western VCs – which in my experience – are always ready and willing to listen to Russian and Eastern European founders, often known for their technological prowess.

Untitled targeting B2B, AI, Agritech, Medtech, Robotics and data management startups with proven traction already established in Biotex, CEE, and CIS, or Western Europe

The fund’s LP includes Vladimir Vedenev, founder of Global Network Management. Without a title, Google, Telegram Messenger, Facebook, Twitch, Digital Ocean, IP-Only, Centurilinks, Vodafone and Telecom Italy also claim to be partners.

Oscar Stachovik, managing partner at Untitled Ventures, said: “More than 10 unicorns in 2020 alone, a 1 1 venture fund, and success stories like Wim, Semrash and Brick are the best choices to focus on startups emerging from fast-growing regions. An early stage investment for us. Thanks to STEM’s strong focus on the education system and nearly one million highly skilled developers, we have ample opportunity to find and support the rising stars in the field. “

Untitled Ventures MP Konstantin Sinishu said: “We believe in economic efficiency and at the same time we fulfill the social mission of bringing technological projects with a large scientific component of economically unstable countries of the former USSR, such as, first, Belarus, Russia and Russia. “But not only in terms of bringing sales to the world market, but also to help them head to Europe so that they can get the next stage of investment.”

He added: “We have accumulated a great deal of experience in the first portfolio of the first fund, not only the business structure in European countries, for example Luxembourg, Germany, Great Britain, Portugal, Cyprus and Latvia, but also physical migration startup teams and Globally already considered a full resident. “

In a real sense, it is even more difficult than the need to build large startups from Eastern Europe, mainly because there is so little local capital. However, that is changing with the recent launch of CEE funds such as Vitosha Venture Partners and Launch Nchb Ventures, and the breakout from Romania to UIPth.

Untitled Ventures Team:
Constantine Sinishun, a serial tech entrepreneur
Oscar Stachoviak, Veteran Fund Manager
Mary Glazkova, PR and Ms. Pte
ન Anton Antich, an early stage investor and former VP of Swiss cloud data management company Vim.
Acquired by Insight Venture Partners for b 5bln
Ul Yulia Druznikova, has experience taking on tech companies internationally
કો Mark Cowley, who has worked on private and listed investments in CEE / Russia for over 20 years

Untitled Ventures Portfolio Highlights – Fund I.
Iz Solution: AI-based size prediction engine, located in Germany
Ure Pure App – Spontaneous and personal dating app based in Portugal
• Fixer Global – Latvia-based, efficient drones for commercial use cases,
-E-Contenta – Poland is located
It Suite App – AI based mix and match instructions for Singapore based fashion retailers
F Sarafan.Tech, A.I. Administered recognition, located in the USA
Hello, Baby – Parental Assistant, located in USA
Ox Voximaplant – Voice is a video and messaging cloud communication platform, located in the USA (exited)