Addventure is a pioneer institutional seed investment partnership focused on Russia-based Internet companies.
Addventure is an independent player on the Russian venture capital market and is managed by a team of partners with extensive Internet industry expertise, attracting international and Russian investment background and building strategic partnerships history.
Addventure operates three venture-capital funds:
- Addventure I and Addventure II funds have already invested in 11 projects and teams. AddVenture actively participates in strategic management and development of Pixonic, AlterGeo and InSales. The value of the asset portfolio has increased by 10 during the first two years of operation.
- Addventure III fund successfully closed in April 2011 raising $ 7 million. The fund will invest in 7 to 10 projects during 2011.
AddVenture aims to invests in outstanding entrepreneurs and tough teams who have took the risks of a self-funded start-up and tested the viability of their business model before pitching and are now ready to build a billion-dollar company. Unlike many other investment funds and business angels, Addventure provides startups not only with funding but first and foremost with "smart money", the team’s expertise and business networking opportunities.