Flashpoint moves its Moscow operations to Poland and Cyprus

February 28, 2022, London — Flashpoint, an international technology investment firm that manages venture capital, secondary buy-out and venture debt funds, announced that as of today all the funds’ operations are managed through the offices in London, Tel-Aviv, Budapest, Warsaw, Riga and Nicosia, while the Moscow office is no longer functioning and its operations and personnel are moved to Poland and Cyprus.

The office in Moscow was opened in 2012 when Flashpoint launched its first venture capital fund (Flashpoint Venture Capital I) that invested into 12 companies including 7 originating from Russia. Since then Flashpoint successfully exited from 10 companies of Fund I including Getintent (RU), Netology (RU), Ponominalu (RU), as well as Shazam (UK) and Chess.com (US). In the last few years the Moscow office acted as a back-office, with the remaining two investments of Flashpoint VC I — IVI (RU) and Estimote (PL) — being managed by investment team members based in Warsaw and London.

Flashpoint made a decision to relocate remaining personnel in Moscow to its offices in Warsaw and Nicosia with immediate effect in order to maintain proximity between all teams that has been essential for Flashpoint’s success over the years.

Today Flashpoint’ active portfolio comprises of 40 technology companies, established by the founders from Central and Eastern Europe, Baltics, CIS, Finland and Israel.