Russian-speaking angel investment "club" moves to London
An investment firm specialising in early raising is expanding to London.
AngelsDeck is an international technology community of Russian-speaking business angels, focusing on pre-seed, seed, and series A start ups.
Since 2019, more than 600 private investors have joined the club, and more than 80 deals with over $35m invested have been completed.
The club participates in deals using a syndication model.
The club has invested in start ups such as Andata, a cloud-based multichannel web analytics service, and Food Rocket, an American food delivery service.
AngelsDeck co-founder Sergie Mosunov said: “AngelsDeck works in two ways. We consider everything related to the global ecosystem of Russian-speaking venture capitalists, and second, we offer networking for like-minded people.
“Thus, we believe AngelsDeck is going to find its place in London’s business landscape since it’s a financial centre with a large number of Russian-speaking founders and business angels, who are willing to get access to the most prospective early-stage investing deals.”
Andrey Vyshlov, head of AngelsDeck London, added: “London is one of the world’s financial and innovation centres, so it is a timely step for AngelsDeck.
“The business model, where only a club member can propose a deal, presupposes that the new location and new members will enrich the club’s deal pipeline with the projects from the UK.”
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning London email for free.
Don't get caught out by employment law change
When literacy thrives, our businesses thrive too
Building a more diverse construction sector
The value of using data like a Premier League club
Raising the bar to boost North East growth
Navigating the messy middle of business growth
We must make it easier to hire young people
Why community-based care is key to NHS' future
Culture, confidence and creativity in the North East
Putting in the groundwork to boost skills
£100,000 milestone drives forward STEM work
Restoring confidence for the economic road ahead