Expokapital

History

2021: Launch of a $30 million fund to invest in startups

At the end of June 2021, ExpoCapital, a direct investment and venture finance fund, announced the launch of a second fund, which will amount to $30 million. This was reported by the press service of ExpoCapital.

It is noted that the new ExpoCapital project was launched against the background of the successful results of the first fund, in particular, the payment to investors of income from the implementation of the Avto1 project.

All investors of the first fund invested their funds in the second fund. Some investors reinvested the funds received, some increased their participation. Also, several new investors joined the fund.

ExpoCapital launches $30 million fund to invest in startups

The fact that all investors of the first fund took part in the issue of the second, and some even increased their participation, indicates good results of the fund. We are also glad to welcome new participants, "said Nikita Ryazov, managing partner of the fund.

According to him, the peculiarity of the ExpoCapital fund is the opportunity for investors to be involved in projects, to use their experience and contacts to develop the business of portfolio companies of the fund.

By mid-2021, the ExpoCapital Fund works only with the funds of private investors - individuals and invests in projects at round A Russia in and in. To Europe Among the conditions for obtaining investments is the availability of revenue from the project. The fund's portfolio has more than 10 assets, including:

• Megapteku (pharmacy aggregator);
• Capsula (clothing selection service from a personal stylist with home delivery);
• Botkin.ai (platform for analyzing medical images with artificial intelligence technologies);
• 6Nomands (platform for global search of remote tech personnel);
• Ailet (developer of IT products using artificial intelligence in the FMCG segment);
• OSCIAL (one of the leaders in the carbon nanotube market).