On February 16, Moscow-based Titanium Investments unveiled its $50 million venture capital fund that has been in progress under the radar for the past 18 months.
In its early stages the VC was focused on investments in Russia, but has been investing mainly in Israeli startups since November 2014. The current portfolio includes the Israeli companies Feedvisor, Mantis Vision, BrightInfo, NanoRep, Any.do, Cloudyn, Mentad, Roojoom, Drippler, Cloudpayments, Aitype, Imonomy, Cimagine, MUV interactive and 365Scores.
Founded in 2013 by Alexander Ayvazov, who has more than 15 years of investment experience from a variety of ventures in Russia and Europe, Titanium Investment’s portfolio companies are currently valued collectively at some $350 million.
The VC announced that it is now looking to invest in additional Israeli companies, as well as increase existing investments in its portfolio companies. Currently, Titanium Investments holds stakes from 3 to 17 percent in each company and takes part in each funding round of performing portfolio companies, from seed to exit.
“We see Titanium as a partner in addition to being an investor. We try to be very involved in the business process,” said Ayvazov. “More than merely investing, we aim to help startups grow into full-blown successful companies.”
The fund’s venture partner in Israel is Alex Kaplun.