Local presence with global footprint

About us

We are a Dutch-based seed-stage Venture Capital (VC) fund that invests in local startups with global potential

Entrepreneurial mindset is our DNA

We deeply believe in the value of community where founders help each other out

 

 

We are funded through a European family office with a global presence


 

About us

What We Do

We invest early in smart, creative, and resilient Georgian founders before they reach product market fit (PMF) We know that decisions made at that time can be crucial for long-term success We are sector agnostic, but we are looking for founders with unique insight into the problem/need that they are solving/serving
 

Banking

Banking

Insurance

Insurance

Cinema

Cinema

FMCG

FMCG

Theme-park

Theme-park

Museum,planetarium

Museum,planetarium

Retail

Retail
Value Add

Value Add

Our team has combined global experience of over 65 years in Technology and the following vertical industries:

 

  • Banking
  • Insurance
  • FMCG
  • Retail
  • Commercial and High-end Home Cinema
  • Museum, planetarium
  • Theme-park

 

We were founders and know what it takes to build a scalable company from the idea on paper
We see ourselves as long-term partners instead of just investors
 

Why Georgia

The Georgian startup ecosystem is flourishing and experiencing amazing momentum. In the last few years, Georgia has seen a significant increase, both in quantity and quality of high growth potential startups. Entrepreneurs and investors in Georgia face a friendly legal system, relatively low labor and energy costs, supportive local government, and cost-effective environment. Investors in Georgian startups know that a big portion of their investment goes towards building a competitive business, and not to landlords for office rent. 
Among notable advantages of Georgia is the local talent pool. Many years of defending from different invaders created generations of defiant and resolute people with the spirit of underdogs. These important entrepreneurial traits are on course for revival after 70 years of Soviet occupied Georgia. Georgians are also known for their creativeness. This, coupled with the welcoming attitude towards immigrants/visitors has the potential to create a breeding ground for extremely rare species - daring founders looking to change the world. 
 

 


 

Why Georgia
Why Now

Why Now

Georgia’s position as a hub for technology startups recently was turbo fueled with the influx of tech talent from Ukraine, Belarus and Russia who are looking at the welcoming business environment, strategic geographical position, and strong links to European, Central and South-East Asia and Middle Eastern markets. Within 3-hour flight radius of Tbilisi there is an access to multi-billion markets 
We frequently hear from our friends in Silicon Valley, London, and Tel-Aviv that Tbilisi reminds them of Lisbon 5 years ago. We believe that the timing is right and we are on a course to see global success cases coming out of Georgian startup ecosystem. 
 

Our Growing Portfolio

Digital Freight Forwarder
Digital Freight Forwarder

Omofox – Digital Freight Forwarder 
Digital platform to book, manage and track the shipments. 

 

Online Fashion Retailer
Online Fashion Retailer

Phubber – Online Fashion Retailer 
Phubber is a social shopping app & a digital platform, which connects people who want to buy & sell apparel, shoes, beauty products, and accessories. The platform has over 165k registered users. 
 

Accounting Tools for SMBs
Accounting Tools for SMBs

 Kernel – Digital Accounting Tools for SMBs 
Intuitive financial management tools for SMBs and freelancers in South Asia (2+b. population)The tools are fueling growth for customers by eliminating friction in daily routine operations and digitizing invoicing and billing, to collect cash faster from clients, and to automate accounting workflows and tax filing. Kernel has 40k+ users in 5 countries and shows 19% monthly growth

 

FAQ

Evaluation process

After you send us your deck we will review and will get back to you with the next steps in case we feel we might be the right partner for you
 

How long it takes

We will get back to you within 48 hours after you send us your deck. We would typically make a decision within 14 days and due diligence process takes 1-2 weeks (in case is needed)
 

Support of Portfolio Companies

We invest in ideas that we feel we can benefit with our existing network and resources. We reserve as much time as needed to help the right founders to overcome early-stage challenges. 
 

Support of Community

Supporting local startup ecosystem is extremely high on our priority list. We are strong believers that growth mindset needs nurturing and support from the very early age. We invest great deal of a time in various activities like public speaking events at conferences, meet-ups and University lectures, mentoring at local incubators, accelerators, Hackathons/Ideathons and other startup related events.