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.                

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

Current portfolio

Prisma‑ai.com

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”.

ommy.com

Ommy uses AI to create animated emoticons of a user’s own face, based on a simple selfie. The personalized emoticons work in all social networks and messenger apps.

qumiqumi.com

Toonbox is developing AR/VR games for children based on the popular Qumi-Qumi comics and cartoon series.

owhealth.com

OWHealth is a U.S.-based digital health company. Its mobile app Flo is the most popular women calendar in the US with more than 2 million monthly active users.

fab.by

Fabby automatically edits your selfies like a professional designer. Simply shoot a selfie, and get instant results that will blow you away! Try our phenomenal features, that work automatically powered by neural networks.

redrockapps.com

RedRockApps helps people lose weight & keep fit using a complex machine learning-based solution of training plans and proper diet plans, adjusted to each user through analyzing biometric data. RedRockApps has over 16 mln downloads worldwide, this is #3 free fitness app in over 50 countries and is constantly featured on App Store.

Previous investments

msqrd.me

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.

maps.me

Maps.me 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.

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.

YURI GURSKI
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 (maps.me navigation services, 2014), the world’s largest online gaming firm Playtech (mobile fitness pioneer sport.com, 2013) and Israel’s Teddy Sagi (iPhone app developer Viaden Media, 2012). He is the founder and owner of the publishing house Ideanomix and the app developer Ideanomix Digital.

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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ALEKSEJ GUBAREV
Founding partner

Aleksej Gubarev has run and invested in dozens of IT companies. His major strengths include business-model scaling and global expansion, strategic acquisitions, and talent identification. He believes starting with the right people is crucial for business success.

In 2005, at the age of 25, Aleksej co-founded XBT, a hosting, data and web-development group which now has hundreds of employees on three continents and Fortune 100 clients. He remains the CEO. XBT is the parent of Servers.com, the Dallas, Texas-based provider of IaaS hosting with data centers in the USA, the Netherlands, Luxembourg, Russia and Singapore. Aleksej is a long-time resident of Cyprus.

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ALEXANDER CHEKAN
Venture partner

Alexander 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, now the largest private media group in Belarus, Alexander 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 HTP High Tech Park incubator in Minsk and mentors at the TechMinsk accelerator. He was named national Mentor-of-the-Year at Global Entrepreneurship Week 2016.

Alexander 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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DMITRY GURSKI
Venture partner

Dmitry Gurski is an entrepreneur, mentor, and investor with a focus on the launch and development of innovative software businesses. He was in the top 30 on Probusiness magazine’s 2016 list of ‘Top Entrepreneurs Under 40’.He is a co-founder and the CEO of Ideanomix Digital, a developer of home and entertainment apps that have ranked well around the world.

 He is also a co-founder of the separate Ideanomix publishing house, whose books include more than 1200 educational and technology titles.

Dmitry holds an MBA degree. He has authored several books on computer programming and related mathematics.

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PANOS GEORGIOU
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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3 Haxus-funded entrepreneurs featured in Forbes 30 under 30 list

For the 6th year in a row, Forbes together with 80 A-list judges selects 30 world’s most innovative leaders and change-makers in 20 industries, including education, entertainment, entrepreneurship, and more.

04.01.2017
Apple names Haxus-linked Prisma and MSQRD best apps of 2016

Apple this week recognized two apps backed by Haxus and its partners as the best apps of 2016.

15.12.2016
Haxus launches as venture accelerator for AI startups

Haxus Ltd announces its launch as a funded venture acceleration firm focused on early-stage startups involving artificial intelligence advances. Led by a team of serial entrepreneurs, the new firm is based in Cyprus.

24.10.2016

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 partnership@haxus.com.