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The Venture Codex

Malina VC

10284 NW 51st Ter, Doral, Florida, 33178, US

Overview

Malina VC is a venture capital fund that invests in fintech, marketplaces, and related companies.

Total investments
5
Lead investments
4
Investments · 12mo
2
Active investors
0
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Investment portfolio

  • YourTunes

    Led · Equity · Apr 2026

    Founded in late 2020 by Dmitriy Koltsov and Mikhail Shorin, YourTunes offers independent artists and labels a subscription-based platform for automated release distribution to streaming services, monetization and promotional tools. The company also develops infrastructure that blends music promotion with gamification to help drive engagement and revenue for creators. YourTunes operates a tiered subscription model that lets artists and labels choose how many releases they publish per month. Reported financials show 21 million rubles in revenue and a 2.8 million ruble net loss for 2024, with revenue growing to 53 million rubles by the end of 2025. Ownership stakes reported via Rusprofile list Koltsov and Shorin with 33.68% each, Andrey Makeev and Roman Loginov with 8.42% each, Malina Ventures and Eduard Adamyan with 6.9% each, and Alexey Markov with 2%.

  • Picvario

    Led · Equity · Feb 2026

    Picvario, founded by Sergey Fomin, has developed a cloud-based digital asset management (DAM) platform designed to centralize the storage, classification, and search of multimedia content such as photos and videos. The system streamlines content workflows, reduces data duplication, and accelerates access to required materials. More than 90 organizations have already adopted the platform, including prominent enterprises and institutions like the Ministry of Culture of Russia, Norilsk Nickel, Evraz, OMK, Ural Steel, and Kaspersky Lab. These customers rely on Picvario to manage large volumes of digital assets efficiently across their teams. The company targets further market expansion by enhancing product functionality and scaling sales efforts. Its recent funding round aims to fuel this growth, though specific revenue or user metrics beyond client count were not disclosed. With a growing customer base and fresh capital, Picvario is positioned to deepen product capabilities and broaden its reach.

  • Darkstore at Home

    Participated · Equity · Jul 2024

    Darksor u doma operates a network of urban mini-warehouses for online retailers, enabling 30–60 minute delivery to end customers. The company provides storage, picking and delivery services tailored to marketplace sellers and e-commerce clients. Proceeds from the latest raise will fund partner projects with marketplaces, expansion of offline warehouse infrastructure, and improvement of online services for seller-clients. By the end of 2024 the company plans to act as infrastructure for other e-commerce participants, allowing fulfillment operators to place their clients on Darksor u doma warehouses without building their own distributed express networks. The company was founded in 2021 by Kirill Chekanov and Grigory Tareev. Revenue grew from ₽76k in 2022 to ₽8.4M in 2023 (110x), while net loss widened to ₽11.8M in 2023 from ₽5.1M in 2022.

  • Puzzle PropTech

    Led · Seed · Apr 2024

    Puzzle PropTech develops an AI virtual assistant for building houses. The solution uses artificial intelligence algorithms and models to digitally analyze construction estimates and prepare conclusions for credit underwriting. The company is operated by Puzzle Proptech LLC, a legal entity registered in St. Petersburg. Alexey Gorulev is the company's CEO and principal owner with a 61% stake. In 2023 the company reported ₽11,000 in revenue and a net loss of ₽21.4 million. The articles do not disclose detailed commercial metrics or specific future plans.

  • SimpleEstate

    Led · Equity · Dec 2023

    SimpleEstate operates an online investment platform enabling investors to commit from ₽100,000 into professionally selected commercial real-estate properties. The company was founded in 2019 by former Goldman Sachs banker Nikita Kornienko and is listed in the Central Bank of Russia’s registry of investment platforms. Its real-estate portfolio is valued at over ₽1.3 billion, and the platform reports more than 10,000 registered investors. In August 2022 SimpleEstate raised ₽30 million from private fund AYR Capital in exchange for 13% of the company. In December 2023 the company received ₽30 million from venture funds Kama Flow, Malina VC and AYR Capital. Most recently SimpleEstate attracted ₽2.6 million from 19 participants of the Venture Academy 6, who joined a larger round that had already closed ₽30 million. The founder has stated plans to raise an additional ₽20 million from a syndicate of private investors in 2024. SimpleEstate operates an online platform for collective investments in commercial real estate, allowing users to invest from 100,000 rubles in professionally selected properties and is listed in the Central Bank of Russia's registry of investment platforms. Founded in 2019 by former Goldman Sachs banker Nikita Kornienko, the company manages a real-estate portfolio valued at more than ₽1.25 billion and aims to grow it to ₽15 billion within five years. The platform reports average historical investor returns of about 25% annualized. Financially, SimpleEstate posted ₽15.6 million revenue for the first eight months of 2023 (an 86% increase versus full-year 2022) and expects roughly ₽30 million for full-year 2023. Management says the newly raised capital will be used to expand the team, continue platform development and fund marketing, and that it plans to raise an additional ₽20 million from a syndicate of private investors in 2024. Prior fundraising includes a ₽30 million August 2022 investment from private fund AYR Capital in exchange for a 13% stake.

Team

No current team members are available.