History
2021: Foundation Launch
On December 7, 2021, it became known that investors Zamir Shukhov and Kirill Timofeev launched a new venture capital fund Vibranium Venture Capital for $10 million. It will invest in fast-growing Russian IT startups to bring them to foreign markets.
The fund is created for a period of 8 years with an investment period of 4 years. Vibranium VC is scheduled to close 20 deals in 2 years. The average check for each of the projects will be $200 thousand.
It is also reported that the fund will syndicate transactions with leading Russian venture capital investors, including active angel communities and development institutions. Vibranium VC expects to close its first deal by the end of December 2021.
Vibranium VC will focus on investments in IT startups that create a product in the B2B segment "based on advanced technologies" and have "the potential for rapid growth in global markets," the fund said.
The foundation focuses on projects that have a global ambition and competitive technology that can grow rapidly on a large scale. We plan to help startups not only with money, but also with our experience, connections with leading innovative ecosystems and contribute to their success in every possible way, "says Zamir Shukhov, founder and managing partner of Vibranium.VC. - The name "Vibranium" was chosen for a reason - although it is mythical, but the strongest metal in the universe, and our slogan Stronger with Vibranium ("Stronger with Vibranium") demonstrates what the startup will get by taking our investments: it will become much stronger and more stable. |
In addition to Shukhov and Timofeev, former Global Venture Alliance (GVA) Operations Director Olga Sokurova, Ex-Scout at MTS StartupHub and Ex-Project Director at GVA Valentina Podgainaya and others joined the company's management [[1]