Locations
Portola Valley, CA, USA
industry
Lending and Investments · Venture Capital & Private Equity
Size
11-50 employees
Stage
Other
founded in
2008
Almaz Capital was founded in 2008 to invest in early stage startups in the CIS (Commonwealth of Independent States) and CEE (Central and Eastern Europe) region with the backing of Cisco Systems and the EBRD (European Bank for Reconstruction and Development). Almaz Capital set out to invest and build a bridge between investee companies from the newly independent countries of the former Soviet Union to resources and connections in Silicon Valley. With that intention, the firm opened its first offices in Silicon Valley and Moscow. During that period, Almaz supported many startups with origins in Russia, such as Qik (acquired by Skype), Yandex (NASDAQ: YNDX), or Parallels (acquired by Corel). In March 2014, after Crimea was annexed by Russia, Almaz Capital stopped investing in companies with any ties to Russia. In 2017, Almaz moved its European operations to Berlin and focus shifted from the countries of the CIS to the CEE region (Central and Eastern Europe). Following the crackdowns in Minsk
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