Geek Ventures, a NYC-based venture capital firm investing in immigrant founders, closed Geek Ventures Fund I, at $23M.
Investors included angel investors, entrepreneurs, CEOs, and institutions like Adam Foroughi, CEO and founder of Applovin, Mikita Mikado and Sergey Barysiuk, founders of PandaDoc, Decile Capital Premier Fund I, and more.
The inaugural fund will be used to support pre-seed and seed stage technology startups that are driving innovation in global markets and the U.S. The firm is targeting 60 total investments for Fund I, with investments ranging from $50k to $1m.
Founded by Ihar Mahaniok, Geek Ventures is a venture capital firm investing in immigrant founders building scalable businesses. The fund curates immigrant-focused networking events to help these founders build the right venture capital connections and grow their professional networks. Combined with injection of capital, these opportunities help immigrant founders fast track business growth.
Prior to Geek Ventures, Mahaniok invested in notable unicorns as an angel investor including Instacart, PandaDoc, People.ai, Chainalysis, Airbyte, and Jeeves at pre-seed and seed stage, and hundreds of other companies. Through Geek Ventures, he has continued to deploy capital in immigrant-founded technology companies including NewHomesMate, ShapesXR, FoodReady, Spice AI and more, to help them grow in the U.S.
Mahaniok is joined by Vadim Rogovskiy as Partner who brings over a decade of experience as a serial venture-backed founder, and Maksym Strukov and Sviatoslava Luhovets as Investment Analysts.
FinSMEs
30/08/2023