# Eugene Timko

> Eugene Timko is a seed investor at Xploration Capital (Moscow) backing E-Commerce and Delivery. See 4 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [Xploration Capital](https://shizune.co/investors/profile/xploration-capital)
- Location: Moscow, Russian Federation
- Total investments: 4
- Last investment: Jul 2021
- Lead investor: 50%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/timko

Eugene Timko is a seed investor at Xploration Capital in Moscow focused on E-Commerce and Delivery. Eugene has over 9 years of corporate finance, management consulting and engineering experience.Before Xploration Capital, Eugene held the position of investment director in Finstar Financial Group with strong focus on fintech and InVenture Partners specializing in disruptive technology startups across industries. He also worked in InvestmentBanking department of Morgan Stanley, focused on technology sector.Prior to that Eugene has done fixed income research in BCP Securities. Eugene has also spent 3 years as a consultant in McKinsey and Company and before that worked as an automotive engineer at Scania AB in Sweden.Eugene holds MBA from Columbia Business School.

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $500k–$2.1M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| E-Commerce | 3 | 75% |
| Delivery | 2 | 50% |
| Software | 2 | 50% |
| Marketplace | 2 | 50% |
| Construction | 2 | 50% |

18 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 3 | 75% |
| Series A | 1 | 25% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Russian Federation | 2 | 50% |
| Canada | 1 | 25% |
| Germany | 1 | 25% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Tough Commerce | Tough Commerce (formerly Brokrete) platform allows suppliers to publish their branded app or web storefront to bring their operations online. It encompasses order management, payouts, dispatching logistics, and real-time delivery. With financial & operational ERP integrations, the Tough Commerce platform can operate stand-alone or seamlesslyalongside deeply integrated products. | $2.1M | Seed | Jul 20, 2021 |  |
| Myos | Myos was started in 2018 in Berlin by experienced e-commerce and financial experts. As a fintech company, they are rethinking working capital, dedicated to helping merchants globally grow to scale, fully digital and flexible. In doing so, they go completely new ways of assessing risks and collateral based on big data and machine learning, whichonly became possible with marketplaces such as Amazon. | $6.2M | Series A | Mar 31, 2021 |  |
| GdeMaterial | GdeMaterial - DIY marketplace operates a DIY marketplace which provides quick delivery of any materials. DIY marketplace that helps to customer find the closest shop with best prices and order delivery. | $500K | Seed | Jun 07, 2018 |  |
| PapaJobs | PapaJobs offers a hiring app for blue-collars in Russia and the Commonwealth of Independent States (CIS). | $600K | Seed | Sep 28, 2017 |  |

4 of 4 investments shown.

## Co-investors
- [Fasanara Capital](https://shizune.co/investors/profile/fasanara-capital) — VC Fund, 1 deal together
- [Impulse VC](https://shizune.co/investors/profile/impulsevc) — VC Fund, 1 deal together
- [Iskra Ventures](https://shizune.co/investors/profile/iskra-ventures) — VC Fund, 1 deal together
- [MaRS Investment Accelerator Fund](https://shizune.co/investors/profile/mars-investment-accelerator-fund) — VC Fund, 1 deal together
- [Tomahawk.VC](https://shizune.co/investors/profile/tomahawk-vc) — VC Fund, 1 deal together

## About Xploration Capital

VC Fund · Moscow, Russian Federation

ploration backs ambitious founders building next-generation platforms, digital ecosystems and SaaS companies worldwide.We go at great length to study markets, gain consumer and competitive insights and market intelligence. This enables us to identify hidden opportunities and be a knowledgeable, and valuable partner to early stage companiesWeare hands on, where founders need us the most and we support our best portfolio companies in subsequent rounds, making us a meaningful partner and a long term partnerXploration Capital is founded by a group of dreamers, idealists and in some way misfits. With more than 50 years of combined experience in investing, consutling and fudraising for entrepreneurs and companies from early stages to IPO, we decided to embark on an Xploratory journey into the future.We deeply care about how life is going to look like for next generations, as Lincoln once said, “The best way to predict your future, is to create it”, so we decided to make our lives mission in helping those who want to change the world - succeed.We have invested, exited and advised on more than US$5 billion worth of transactions, helping some of the most iconic companies launch, sacale and exit

5 contacts available at Xploration Capital.

| Name | Title | Profile |
| --- | --- | --- |
| Igor Kim | Managing Partner | https://shizune.co/investors/profile/igor-kim |
| Sergei Balakirev | Investment Manager | https://shizune.co/investors/profile/sergei-balakirev |
| Anton Inshutin | Managing Partner | https://shizune.co/investors/profile/anton-inshutin |
| Bayaskhalan Alexeev | Senior Analyst | https://shizune.co/investors/profile/bayaskhalan-alexeev |
| Eugene Timko | Managing Partner | https://shizune.co/investors/profile/eugene-timko |

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## FAQ

### What does Eugene Timko invest in?

Eugene Timko invests primarily in E-Commerce, Delivery and Software startups, most often at Seed and Series A stage. Most of the 4 investments tracked by Shizune back companies in Russian Federation. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Eugene Timko's check size?

Eugene Timko typically joins rounds of $500k–$2.1M at Seed. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Eugene Timko participates in.

### When did Eugene Timko last invest?

The most recent investment recorded for Eugene Timko closed in Jul 2021. Shizune tracks 4 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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