Accelerating and funding AI

We take early great tech projects a major level up: refining ideas, developing teams and scaling fast. To reach traction. 

Haxus is a funded venture acceleration firm led by serial entrepreneurs and focused on artificial intelligence startups at the seed or even pre-seed stage. We identify and partner with top teams to turn great ideas into brilliant ones and transform major market potential into reality. 

We’re very hands-on in supporting investees with strategy, financial reporting, legal matters, HR needs, communications and more.                

 Our partners have a remarkable track record in building up leading international businesses and bringing tech startups to the world. Registered in  Cyprus, Haxus is ready to back visionary AI initiatives wherever they emerge around the globe.                

Doing what nobody’s done

We invest in and partner with startup teams to transform great new ideas into brilliant ones that work 100%.

Haxus provides seed (and sometimes pre-seed) capital plus very strong business support to tech startup teams with the potential to succeed on a large international scale.                

Our focus is on AI ideas which can do something totally new. We’re very active partners. We help teams with strategy, finance and reporting, as well as legal matters, talent sourcing and effective communication.                

$300,000 to $2 million
Equity stake
10% to 25%

Success stories


AIMATTER, a startup founded in Belarus that has built both a neural network-based AI platform and SDK to detect and process images quickly on mobile devices, and a photo and video editing app that has served as a proof-of-concept of the tech called Fabby.


Masquerade’s MSQRD app enables 3D face-swapping in photos and videos, using machine learning, face detection, expression recognition and more. It rose quickly on the App Store and Facebook bought the company in March 2016. provides offline mobile maps and navigation services based on OpenStreetMap data. After 7 mln downloads, it was acquired by Mail.Ru in 2014 to bolster the Russian internet company’s international expansion.

Current portfolio


Flo is the fastest growing AI-driven female health app with over 100 million users worldwide that aims to significatnly improve women’s health & well-being. Flo encompasses accurate cycle predictions, personalized feed and a closed, secure community of peers.


VOIR uses complex proprietary AI technology (neural networks and computer vision algorithms) to create digital makeup in real-time HD video. Our tech is created to provide a true-to-life virtual try-on experience for a wide range of beauty products.


Prisma transforms photos and videos into works of art. The app uses AI to learn and apply the styles of famous painters. Featured by The New York Times, CNN, Bloomberg, The Guardian and more, Google named it “Best App 2016”.


WANNABY is an AR-commerce startup, developing products that makes mobile commerce trully emersive and engaging. WANNABY is renowned as a developer of Wanna Kicks, the first-in-the-world Virtual Shoes Try-On application.


Simple is a game-changing AI-powered intermittent fasting platform, aiming not only to offer a tracking tool but to provide education, motivation, and a personalized digital fasting coach. The mission is to simplify intemittent fasting adoption by bringing users scientifically accurate expertise and personalized assistance.


Loona is a brand new way to let go of daily fuss and get a better night’s rest. Its unique mixture of visualization, sonic ambience, interaction and storytelling helps to evoke the dreamy nighttime environment and create the ideal conditions for a deep and peaceful slumber.

Experience and expertise

Haxus’s team comprises hands-on experienced investors and professionals with stellar IT-industry records and distinctive technology vision. We’re able to help with all aspects of developing a rapidly growing business.

Founding partner

Yuri Gurski has been building international IT and media businesses for many years as an executive, entrepreneur, investor and startup mentor. His areas of special expertise include strategy, operations, marketing, and management training.

Tech firms that Yuri founded, funded and advised have been acquired by Facebook (MSQRD live selfie video filtering, 2016), Russian internet giant Mail.Ru ( navigation services, 2014), the world’s largest online gaming firm Playtech (mobile fitness pioneer, 2013) and Israel’s Teddy Sagi (iPhone app developer Viaden Media, 2012). He is the co-founder and President of Flo Inc.

Yuri is a distinguished MBA alumnus of Kozminski University and a former best-selling author of technology books in Russian. He’s been repeatedly recognized as Entrepreneur-of-the-Year and Startup Mentor-of-the-Year in Belarus, and in ranked No. 1 on Probusiness magazine’s 2016 list of ‘Top Entrepreneurs Under 40’.

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Alex is a an experienced executive venture investor.  In 2009, received BA at the London School of Economics, and in 2014, MBA from the London School of Business. Also holds the international CFA certificate.

In 2012-2014 worked at the DFJ Esprit venture fund in London. Between 2010 and 2012, Alex headed the corporate startup in the area of nuclear medicine at Rosatom’s subsidiary United Corporation for Innovations. Alex Frolov got his professional start at the Troika Dialog investment company where he oversaw the investments of the Telecom and IT fund.

In 2012, Alex founded the Target Global venture fund. Today, the fund manages over $700 mln, and has offices in London, Berlin, Tel-Aviv and Moscow. His key deals include: Delivery Hero (IPO in June 2017), Blue Apron (IPO in June 2017), Juno (acquired by Gett for $200 mln), FoodFox (acquired by Yandex), Timepad, Cian, Auto1 Group, GoEuro, WeFox.

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Alex Chekan is an experienced media executive, active mentor of IT startups and organizer of e-commerce industry events. He was in the top 30 on Probusiness magazine’s 2016 list of ‘Top Entrepreneurs Under 40’.

As the CEO of TUT.BY, the largest private media group in Belarus, Alex has overseen numerous M&A deals mainly for web products involving public companies as well as private equity and venture funds. He’s a member of the Coordination Council of the High Tech Park incubator in Minsk and mentors at various accelerators including Google Launchpad. He was named national Mentor-of-the-Year at Global Entrepreneurship Week 2016.

Alex holds an International Executive MBA degree from HEC Paris-affiliate BMI. He has also completed further studies in management and venture financing at Stanford University Graduate School of Business and other business schools in the European Union and the USA.

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Legal counsel

Panos Georgiou is an experienced legal advisor to international corporations and former CEO with special expertise in IT law.

He holds a first degree in law from Bristol Law School and a master’s in EU Commercial Law from the University of Leicester. He has trained in Information Technology & Telecommunications Law at the University of Strathclyde.

Panos is also certified as an internal auditor under the ISO 9001:2008 quality management standard.

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Flo Health Completes $12M Series A; Scores $200M Valuation

Market leading women’s health start-up Flo Health announced it has completed a Series A Extension round. This brings Flo’s total Series A funding to $12 million, with a $200 million valuation.

Flo is among 5 most popular apps to keep you healthy in 2018

App tracker App Annie provided CNBC with data on the most popular free versions of health and wellness apps from 2017 based on both the Apple and Android app-store downloads. Flo in #4 in the global health apps rankings.

Haxus Leads a $500,000 Round to Help OneSoil Disrupt Agriculture with AI

OneSoil, an ag-tech startup from Belarus that uses data and machine learning to increase agricultural productivity, announced it raised $500,000 in Seed round led by Haxus, a venture fund that specializes in AI, and joined by Yuri Melnichek and Leonid Lozner, angel investors.

Haxus-backed AIMATTER acquired by Google

AIMATTER, an AI-driven image processing startup from Belarus, was acquired by Google.


Contact us

Do you have a new way to create value and change the world through an artificial intelligence venture? If so, please get in touch. Write us at