2011 – $5 mln from Ventech, Kite Ventures, TA Ventures
Ventech is a French venture capital fund of 360 mln euro.
‘Pixonic’s global ambitions appeal to us, and we’re sure it’s a successful model’, says Alain Caffi, Ventech Founder and Partner.
TA Ventures of $20 mln was founded by Viktoriya Tigipko, a Ukrainian business-lady.
‘Startup’s team, intelligence, and prospects are among the key factors investors consider’, says Viktoriya Tigipko, TA Ventures Co-Founder and Managing Partner.
Kite Ventures is a Russian venture capital fund specializing in Internet-projects, including Altergeo, DarBerry (sold to Groupon), Kanobu (sold to Afisha-Rambler), Sponsorpay.
2010 – $750 000 from Qiwi’s internal investment fund
‘There are 1bln users in social networks already, so with each new game you address all those people’, says Andrey Romanenko, Co-Founder at Qiwi (instant payments system).
2009 – $200 000 from AddVenture II
AddVenture manages three venture capital funds: AddVenture I and AddVenture II (invested in 11 projects), AddVenture III (raised $7 mln in 2011). Pixonic was launched as a project within AddVenture in September 2009. When it proved to be successful, it became obvious that the social games market had a huge commercial potential, so Elena Masolova, Co-Founder and Investment Director at Addventure I & II, left the fund to fully dedicate herself to the most successful portfolio company.
Board of directors:
Elena Masolova
Pixonic Co-Founder and CEO.
Alain Caffi
Ventech Founder and Partner.
Miklail Lyalin
Kite Ventures Partner, ZeptoLab Chairman of the Board (developers of Cut the Rope).
