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Top 5 Enterprise Startup Investors in Belarus (October 2026)

The most active venture capital funds and angel investors investing in Belarus Enterprise startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Belarus Enterprise startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
RBF Ventures
VC Fund
2 United States, Russian Federation, Belarus Seed, Pre-Seed, Series A SaaS, Local, Video $430k–$500k
Softline Venture Partners
VC Fund
2 Russian Federation, United States, Belarus Seed, Venture - Series Unknown, Series A Software, Information Technology, Internet $190k–$3M
ActiveHost RU
VC Fund
1 Belarus Seed Legal, Accounting, Legal Tech
Ulad Radkevitch
Angel
1 Belarus, United States Pre-Seed E-Commerce, Retail, Big Data
Kirill Voloshin
Angel
1 Belarus, United States, Russian Federation Pre-Seed, Seed, Series A Mobile Apps, Software, SaaS $50k–$2.4M
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Investor list

RBF Ventures
VC Fund · Minsk, Minsk, Belarus · 2 investments in Belarus Enterprise startups

RBF Ventures is the first venture fund in Belarus. Managing partners are Belarusian Innovation Fund and RVC Infrafund. Investment focus of the fund is technological startups at the seed stage and the growth stage (Series A-B).

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Investment focus

  • Industry: SaaS, Local, Video
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Russian Federation, Belarus

Investor stats

  • Total investments: 6
  • Round size: Seed $430k–$500k
  • Lead/follow: 67% lead, 33% follow

Portfolio highlights

  • APIBank — APIBank is an open banking platform for creating digital ecosystems and the interaction of banks with fintech and non-financial companies. The platform is used to create embedded financial instruments that are complex, hybrid banking products. It standardizes the data exchange process between banks and non-financial companies. The platform is a"one window" through which a bank can work with different companies, as well as companies cooperate with different banks through a single interface.APIBank was founded in 2018 and is based in Moscow, Russia.
  • Cinemood — Cinemood museum and new announces blog. Click to read Cinemood Blog, by Mike Bukhovtsev, a Substack publication. Launched 4 days ago.
  • DentalPro — DentalPro solution is a dental clinic information system with a marketplace for additional integrations. Ready-to-use business processes, ranging from treatment plans to the initiation of advertising campaigns. Patients, administrators, doctors, coordinators, and managers are all involved.
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Softline Venture Partners
VC Fund · Moscow, Moscow City, Russian Federation · 2 investments in Belarus Enterprise startups

Softline Venture Partners is a corporate venture fund of Softline Group. Since 2008, Softline Venture Partners have invested about US$35 million in 20+ portfolio companies. The amount of investment to one project is from $300 thousand to $3 million. As a stage agnostic investor, the firm works with companies across a wide range of technologies, such as Edtech, HRTech, Cybersecurity, Cloud Services, Big Data, Artificial Intelligence, Internet of Things.

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Investment focus

  • Industry: Software, Information Technology, Internet
  • Stage:Seed, Venture - Series Unknown, Series A
  • Geography: Russian Federation, United States, Belarus

Investor stats

  • Total investments: 41
  • Round size: Seed $200k–$2M; Series A $1M–$3M; Venture - Series Unknown $190k–$1.4M
  • Lead/follow: 49% lead, 51% follow

Portfolio highlights

  • Exodrive — Exodrive is an information services company that provides smart solutions to reduce transport losses. They offer risk management, telematics scoring, claims management, and customer management. The features of Exodrive include transport monitoring, driver application, accident alert, and driver scoring.
  • Kickidler — Kickidler is employee monitoring software trusted by 5,000+ companies in 60+ countries. Track employee PC activity, boost productivity by up to 30%, and find growth points. Start your free trial today.
  • Workclass — Apply for any jobs and get hired in 24 hours now!
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ActiveHost RU
VC Fund · Moscow, Moscow City, Russian Federation · 1 investments in Belarus Enterprise startups

ActiveCloud – a leading provider of cloud services for small and medium businesses. The company provides dozens of IT-solutions: from website and e-mail hosting to scalable cloud infrastructure (IaaS), virtual desktops, business applications (SaaS), IT-consulting and security services. ActiveCloud solutions used by more than 35 000 customers inRussia and 6 CIS countries.

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Investment focus

  • Industry: Legal, Accounting, Legal Tech
  • Stage:Seed
  • Geography: Belarus

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Assistent.by — Assistent is a team of professionals in the field of Internet projects. Every day we are working on awesome services that make life big and small companies easier. We have created an online accounting "Assist me." Now our goal - to build a complete "cloud" system for business.We focus and develop effective cloud solutions forsmall and medium businesses. We understand your problem and never argue. Our team - our pride. We spare no resources for training. We are interested in our employees to develop and lead the company forward. In order to create the best products in the market, we need a better team. We will support not only your ideas, we'll help you become a true professional.
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Ulad Radkevitch
Angel · 1 investments in Belarus Enterprise startups

Ulad Radkevitch is the member at AngelS Band.He attended Saïd Business School, University of Oxford.

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Investment focus

  • Industry: E-Commerce, Retail, Big Data
  • Stage:Pre-Seed
  • Geography: Belarus, United States

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Competera — Optimal prices that boost your customer trust
  • GiveAway — Brands give bonuses and discounts to the people who get rid of used things in the right way — sell it or give it away using our app. Users also can take them by promoting our app to their friends in social networks. Which makes it viral.
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Kirill Voloshin
Angel · Minsk, Minsk, Belarus · 1 investments in Belarus Enterprise startups

Kirill Voloshin is the Co-Founder of TUT.BY. He was a Co-Founder at Hoster.by. He attended NIMA, Nederlands Instituut voor Marketing.

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Investment focus

  • Industry: Mobile Apps, Software, SaaS
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Belarus, United States, Russian Federation

Investor stats

  • Total investments: 18
  • Round size: Seed $2M–$2.4M; Pre-Seed $50k–$660k
  • Lead/follow: 6% lead, 94% follow

Portfolio highlights

  • VOCHI (acq. by Pinterest) — Made for creative video editing
  • Yope — Salo is a discussion platform that erases the borders for people with diverse opinions to let anyone speak up and be heard.
  • Cashew — Professional IT services designed around clear business needs.
Show all investments...

Enterprise Investor funding in Belarus at a glance

Stats across 15 deals from 13 investors.

13
investors
in Belarus Enterprise startups
15
deals
in Belarus Enterprise startups
$150k
median round
in Belarus Enterprise startups
62%
lead investors
lead at least one round
40%
Pre-Seed
most common funding stage
85/15
VC / Angel
share of investor count

Access all 13 investors in Belarus Enterprise startups.

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