# Top 20 VC (Venture Capital) Funds in Belarus in June 2026

| Investor | Relevant Deals | Geography | Stage | Focus |
| --- | --- | --- | --- | --- |
| JOINT JOURNEY | 2 | United States, Russian Federation, United Kingdom | Seed, Pre-Seed | Software, Information Technology, Artificial Intelligence |
| Softline Venture Partners | 2 | Russian Federation, United States, Belarus | Seed, Series A | Software, Information Technology, Internet |
| GEM Capital | 1 | Cyprus, United States, Israel | Seed, Pre-Seed, Series A | Gaming, Video Games, PC Games |
| A.Partners | 1 | United States, Russian Federation, Peru | Seed, Pre-Seed, Series A | Education, EdTech, Software |
| Bulba Ventures | 1 | United States, Belarus, Lithuania | Seed, Pre-Seed, Series A | Artificial Intelligence, Apps, Fitness |
| My.Games Venture Capital | 1 | Cyprus, Belarus, Russian Federation | Seed, Pre-Seed | Gaming, Video Games, PC Games |
| ActiveHost RU | 1 | Belarus | Seed | Legal, Accounting, Legal Tech |
| Flyer One Ventures | 1 | United States, Cyprus, United Kingdom | Seed, Series A, Pre-Seed | Software, Education, Artificial Intelligence |
| BRISE Capital | 1 | Ukraine, Belarus, Estonia | Pre-Seed, Seed | E-Commerce, Advertising, SEO |
| Fores Ventures | 1 | United Kingdom, Russian Federation, Canada | Seed, Series A | E-Commerce, Grocery, Delivery |
| ICLUB VC | 1 | United States, Belarus, Ukraine | Seed, Series B, Pre-Seed | Medical, Wellness, Health Care |
| The Games Fund | 1 | Cyprus, United States, Poland | Seed, Pre-Seed, Series A | Gaming, Video Games, Online Games |
| Angelsdeck Global Ventures | 1 | United States, Russian Federation, United Kingdom | Seed, Pre-Seed, Angel | Artificial Intelligence, Software, Education |
| The Untitled Venture Company | 1 | United States, Russian Federation, Latvia | Seed, Pre-Seed, Convertible Note | SaaS, Software, Information Technology |
| Kolas Ventures | 1 | Poland, Belarus, United States | Seed, Pre-Seed | Software, Mobile Apps, Artificial Intelligence |
| VP Capital | 1 | United States, Cyprus, Poland | Series A, Seed | FinTech, Financial Services, Apps |
| Advance Capital | 1 | Belarus | Seed |  |
| TA Ventures | 1 | United States, Germany, India | Seed, Series A, Pre-Seed | E-Commerce, Software, Health Care |
| Network VC Syndicate Fund | 1 | United States, Israel, Ukraine | Seed, Series A, Series B | Software, Artificial Intelligence, Machine Learning |
| Smart Partnership Capital. | 1 | United States, United Kingdom, Belarus | Pre-Seed, Seed, Series A | SaaS, Marketing Automation, Software |

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