Larnabel Ventures deploys its 2022 investment strategy and targets innovative consumer technologies
LONDON, February 2, 2022 /CNW/ — Larnabel Venturesa European venture capital (VC) firm founded by Said Gutseriev, today announced its commitment to fund innovative consumer technologies as part of its 2022 investment strategy.
Since its inception in 2016, Larnabel Ventures has developed a technology-focused portfolio including some of the most exciting start-ups in the world. Europe and United States. While continuing to build on its current investments, Larnabel Ventures is actively seeking cutting-edge consumer technology companies that will dictate technological evolution for years to come.
Said Gutseriev, founding partner, Larnabel Venturessaid: “Supporting innovative technologies has long been at the heart of Larnabel’s investment strategy. Now more than ever, funding and engaging with tech-savvy entrepreneurs is proving to be one of the the most profitable, sustainable and rewarding for any investment business.. We are on the cusp of a technological revolution, and it is imperative that investors identify the direction of progress and support the entrepreneurs who are bringing these technologies of the future. to the public as soon as possible.”
Eldar Vagapov, Managing Partner, Larnabel Venturesadded, “This year will be a critical year for technology investments across Europe. As we continue to slowly recover from the Covid-19 pandemic, entrepreneurs have the opportunity to expand into exciting new innovative spaces. At Larnabel Ventures, we have recently been exposed to some of the world’s most disruptive and exciting technologies. As we move forward with our investments, our priority is to lay the foundations for the next generation of technology leaders and industry pioneers.”
In 2021, Larnabel Ventures’ portfolio expanded to include Ilvate, the grassroots football app that gives young players across the UK the chance to get scouted. The venture capital fund also financed Daily Pay, the US-based digital wallet service that helps employees access their earnings in real time. Another landmark investment made by Larnabel Ventures was GFN.RUGeForceNow’s cloud gaming partner in Eastern Europe. The work done by GeForceNow demonstrates the rapid transition to greater integration of the physical world with the metaverse, which is already noticeably underway.
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