Bulba Ventures

Venture Capital Geri, Cyprus ·Founded 2018

Overview

Bulba Ventures is a venture capital firm established in March 2018 by Yury Melnichek and Andrei Avsievich. The firm specializes in early-stage investments, focusing on machine learning startups that demonstrate a strong competitive edge and technical excellence. Bulba Ventures primarily targets startups from Belarus and those willing to relocate to Minsk, operating at the intersection of the real economy and information technology, as well as health and life sciences. The firm's investment strategy encompasses various regions, including Belarus, Latvia, Lithuania, Ukraine, Russia, and Poland. Bulba Ventures offers funding amounts ranging from €50,000 to €500,000, aiming to empower innovative companies in the machine learning sector. Notable investments include Vochi, a video editing app acquired by Pinterest in 2021, and FriendlyData, acquired by ServiceNow in 2018. In February 2022, Melnichek and Avsievich announced a freeze on joint investments within Bulba Ventures, with plans to continue operating separately. Despite this, Bulba Ventures remains active in supporting early-stage machine learning startups, leveraging its founders' expertise and networks to drive positive transformation in the tech industry.

Investment Focus

  • Strong competitive edge
  • Technical excellence
  • Focus on machine learning
  • Belarusian or willing to relocate to Minsk
  • Operating at the intersection of real economy and IT, health, or life sciences

Portfolio Companies

VOCHIFriendlyData

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Frequently asked questions about Bulba Ventures

What sectors does Bulba Ventures invest in?

Bulba Ventures invests in Software, Artificial Intelligence, Health, Life Sciences, Internet and Machine Learning, and is based in Geri, Cyprus. Bulba Ventures is listed as a venture capital in the ConnectSafely investor database.

What stage does Bulba Ventures invest at?

Bulba Ventures backs companies at Seed and Series A, writing cheques of 50K - 500K.

Which regions does Bulba Ventures invest in?

Bulba Ventures invests across Russia, Cyprus, Poland, Latvia, Lithuania and Ukraine.

Who are the partners at Bulba Ventures?

Team members listed for Bulba Ventures include Yury Melnichek (Partner) and Andrei Avsievich (Founder).

What companies has Bulba Ventures invested in?

Bulba Ventures's portfolio includes VOCHI and FriendlyData.

How do I contact Bulba Ventures?

Bulba Ventures's contact details — including LinkedIn — are listed in the ConnectSafely investor database, along with its website and the LinkedIn profiles of its partners.

Last updated · Source: ConnectSafely investor database