Participated · Seed · Jan 2022

Fintech Farm was founded by three Ukrainians and is co-founded by monobank co-founder Dmytro Dubilet. The company operates in six markets: India, Vietnam, Azerbaijan, Kyrgyzstan, Uzbekistan and Morocco, and serves more than 3.5 million users. It has pursued rapid expansion in India, raising $32 million in 2024 with portions of that funding supporting Ukrainian team salaries. The latest financing is a $15 million debt facility from Flashpoint Fund earmarked to scale operations in India and Vietnam. The lender is not taking equity, a structure the company says helps it grow while preserving its ownership. Fintech Farm continues to focus on scaling its presence across emerging markets.

Participated · Seed · Dec 2021

Single Finance is a decentralized finance protocol that offers pseudo market-neutral leveraged liquidity mining strategies and automated yield compounding. The platform lets users borrow from a lending pool and deploy assets to DEXs such as TraderJoe, Pangolin and VVS.finance while bots handle rebalancing and auto-compounding. Its market-neutral approach hedges the non-stablecoin asset in a liquidity pair to minimize impermanent loss and implements a stop-loss mechanism denominated in USD to limit downside (the company says users will not lose more than 15% of capital in USD). Single Finance aims to provide a one-click, user-friendly experience for both new and experienced yield farmers and to bring capital protection to DeFi. The project is building the Time Machine, a historical liquidity-mining and yield-farming performance database, and plans to launch Single-Click Strategy and Time Machine in January 2022. Initially the platform will support Avalanche and Cronos with plans to expand to all EVM-compatible chains.

Led · Equity · Dec 2017

Bookimed is a Kiev, Ukraine-based independent search service that connects patients and clinics around the world via a platform and a team to provide tailored medical solutions. Founded in 2013 by Eevgeniy Kozlov, the company employs 70 people, including 32 doctors. It primarily helps patients with serious issues in oncology, neurosurgery, orthopedics, and pediatrics. Bookimed organizes diagnostics, treatment, rehabilitation and aesthetic procedures in 260 clinics across 26 countries. The company plans to use new funds to expand globally beyond the CIS market and to strengthen its R&D team. It also intends to upgrade its platform to provide tailored recommendations that account for patients' health specifics and to recommend treatment methods and service options at receiving clinics.

Participated · Series A · Oct 2017

Petcube provides interactive pet monitors that let busy pet owners interact with their animals remotely. Its devices are used by over 100,000 device owners who interact an average of 50 minutes per week, at a frequency of about eight times per week. The company distributes in 18 countries through more than 5,000 retail locations across North America, Europe and Asia Pacific, and sells online via Petcube.com and Amazon. Through partnerships with rescue organizations like the SF SPCA and pet food brand Wellness, Petcube is building an intelligent platform for pet care. The company intends to use the new funding to ramp up product development, sales and marketing for U.S. and international expansion. Petcube is led by CEO and co-founder Yaroslav Azhnyuk. Petcube produces the $199 Petcube Camera, an app-connected home device that streams HD 720p video and includes a built-in microphone, speaker and an app-controlled 5mW 3R class laser toy certified safe for pets. The product connects to home Wi‑Fi to let owners watch and interact with pets remotely and includes an "explore" app section that links users with shelter animals. Petcube launched via a successful Kickstarter that raised over $250,000 and sells the camera through Petcube, Amazon, Brookstone, Best Buy and Frye's. The company traces back to HAXLR8R in 2013 and participated in Y Combinator’s Winter 2016 class. Management says the new funding will be used to expand distribution and to build additional pet-focused products that are already in development. To date Petcube has about 30 U.S. pet shelters using its cameras to help with adoptions. Petcube produces the Petcube Camera, a wide-angle, Wi‑Fi‑enabled device with real-time video and a built-in laser pointer controlled via free iOS and Android apps. The company's mobile apps also create a community for pet lovers to share photos, find friends and play with publicly shared pets. After a $250k Kickstarter campaign, Petcube delivered cameras to backers in December 2014 and is shipping its second production batch. The company intends to use the $1.1M seed funding to expand worldwide sales into brick-and-mortar retail stores in the US and Canada. Petcube is led by CEO and co-founder Yaroslav Azhnyuk and is based in San Francisco, with offices in Kyiv and Shenzhen. The product is available for purchase through petcube.com. Petcube develops a connected hardware gadget and companion mobile app to allow pet owners to interact, chat and play with their animals remotely. The company gained traction via PR and crowdfunding, raising roughly $500,000 on Kickstarter from more than 1,700 backers. Petcube has a team of 18 people and is publicly positioned in Europe and the US following competition wins and media attention. In spring it won “Best Hardware Startup of 2014” at The Europas, and it has led various Ukrainian startup rankings. The startup recently received a grant of 240,000 hryvnias (about $18,500) from the Global Technology Foundation. Petcube is preparing to raise a $1.5 million seed-stage round.

Led · Equity · Sep 2017

Spin.AI’s SpinOne platform combines SaaS security posture management, ransomware detection and response, data loss prevention, and backup and disaster recovery into a single AI-driven solution. The platform offers an industry-leading two-hour ransomware recovery service level agreement. SpinOne currently protects more than 1,500 organizations and over two million users worldwide, including customers such as Domino’s, DHL, and Vimeo. It covers major SaaS environments including Google Workspace, Microsoft 365, Salesforce, and Slack. Spin.AI’s CEO Dmitry Dontov framed the company’s mission as eliminating SaaS security risks before they become breaches. The company intends to scale its operations with support from K1 Investment Management.