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%

Success stories

AIMATTER

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.

MSQRD

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.

Current portfolio

Flo

Flo is the fastest growing AI-driven women’s health platform with over 22 million monthly active users worldwide and top positions in Health & Fitness Category in App Store and Google Play in 100+ countries.



OneSoil

OneSoil is an ag-tech startup developing an AI-powered precision farming platform to help farmers monitor fields, plan farming operations, increase productivity and save resources using machine learning for farm data and computer vision for spatial imagery.

Voir

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‑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”.

WANNA.BY

AR-commerce company working on various state-of-the-art TryOn products (including footwear, jewelry, watches and wearables), at the same time utilizing the power of our in-house rendering solution

Toonbox

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

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 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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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, 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 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.

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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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. XBT is the parent of Servers.com, the Dallas, Texas-based provider of IaaS hosting with data centers in the USA, the Netherlands, Luxembourg, Singapore and other locations. Aleksej is a Cyprus resident since 2002.

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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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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.

11.10.2018
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.

12.01.2018
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.

20.11.2017
Haxus-backed AIMATTER acquired by Google

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

23.08.2017

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.