Scythia Ventures

Scythia Ventures (Скифия Венчурс) is a seed fund with a mission to kickstart companies in the CIS region (ex-USSR) by aligning technology creators, industry, entrepreneurs, and capital sources behind the funding and mentoring of seed investments. What are we looking for: Evaluating potential investments at Scythia Ventures we look for several factors to help anticipate and mitigate entrepreneurial risk challenges. Human Capital Matters: We invest in people, not technology. Transparency: Integrity, openness, and honesty are essential. Large Market: A large market provides a cushion and mitigates unforeseeable risks. Technology: We are technology sector-agnostic. We are interested in strong technology backed by intellectual property as long as it has a clear, capital-efficient path to market. Frugality: Focus spending on the priorities that really move the ball forward. Momentum: Generally, if companies can't generate momentum without money, things don't change after they do. Maximize sweat equity into building traction. Terms: We believe that deal terms should align incentives, follow a win-win framework (alternatively called mutually disagreeable), and allow the syndicate to close quickly.