FunCubator

FunCubator, established in 2017 and headquartered in Limassol, Cyprus, serves as the corporate venture arm of FunCorp. The company focuses on investing in modern digital entertainment, targeting emerging technologies and sectors such as communications services, software, augmented reality, virtual reality, artificial intelligence, and eSports. FunCubator primarily directs its investments towards opportunities in Eastern Europe, seeking to nurture innovation and growth within the digital landscape.

Mikhail Kalashnikov

Principal and Head of Product

12 past transactions

XOCUS

Seed Round in 2019
XOCUS is a VR and XR games developer and publisher. We have two major titles: "Presentiment of Death" (a first-person shooter) and "Omega Pilot" (an addictive racing game with lots of tracks and multiplayer). We are about to release two more titles in early 2024: "Rock'n'Roots" and "Wicked Game". Stay tuned!

Gimme Radio

Convertible Note in 2018
Gimme Radio, Inc. is a digital music platform based in San Francisco, California, that caters specifically to fans of metal music and other underserved genres. Launched in 2017, it offers a unique radio station where listeners can enjoy hand-selected tracks curated by musicians, music journalists, and industry tastemakers. The platform also features Gimme Live, allowing users to engage in online chats with DJs. In addition to streaming music, Gimme Radio operates an e-commerce component that sells music CDs, tapes, and merchandise such as t-shirts, posters, and record players, creating a community for passionate music enthusiasts.

Viqeo

Pre Seed Round in 2018
Viqeo is a video platform that focuses on integrating videos into articles and text-based content, enhancing the overall media experience. It specializes in short videos, offering tools for customization and editing, which allows clients to effectively incorporate visual elements into their media and e-commerce efforts. By facilitating the upload of tailored videos to clients' platforms, Viqeo enables businesses to engage their audience more effectively and generate revenue through video advertising. The platform aims to make videos a seamless and impactful component of online content, thereby improving audience interaction and monetization opportunities.

Hello Baby

Convertible Note in 2018
Hello Baby is a comprehensive ecosystem of family applications designed to support parents in documenting and sharing their children's early years. It includes Hello Baby, a platform for tracking and preserving baby memories through audio, pictures, and videos, as well as babyalbum.com, which offers personalized printed albums and video stories. Additionally, Hello Belly serves as a pregnancy guide, providing practical tips for expectant parents in a user-friendly format. The Baby Snap app allows parents to create time-lapse videos of their child's growth by capturing daily one-second clips, culminating in a final movie. With services available in multiple languages, Hello Baby aims to meet the diverse needs of families by centralizing important milestones and parental resources in one accessible location.

Fibrum

Venture Round in 2018
Fibrum Limited, established in 2014 and based in Moscow, Russia, specializes in the development and sale of mobile virtual reality (VR) games and applications. The company offers a range of products including VR applications, games, and mobile VR headsets, with its notable product being the Fibrum Pro headset. Fibrum focuses on creating high-quality mobile VR content compatible with major operating systems, including Android and iOS. The company is currently developing a comprehensive application called Desirium, which features a variety of immersive experiences. Over the years, Fibrum has expanded its product line significantly, releasing numerous VR applications and collaborating with various organizations, including the Moscow Government and Yandex.Taxi. In addition to VR content, Fibrum has ventured into augmented reality by producing greeting cards and coloring books. The company's commitment to innovation and user-friendly design is reflected in its careful approach to content creation and rigorous testing processes, ensuring engaging experiences for users.

Dive2VR

Seed Round in 2018
Dive2VR is a software development company that creates virtual reality and augmented reality solutions for business and entertainment. They alos engaged in advertisement, PR, and marketing projects.

Mubert

Convertible Note in 2018
Mubert Inc. is an innovative music licensing platform that utilizes artificial intelligence to generate royalty-free music tailored to the needs of streamers, app developers, filmmakers, and other content creators. Based in the United States, Mubert offers a suite of products, including Mubert Play for background music, Mubert Pro for music creators, and Mubert Business for enterprises seeking free music solutions. With a vast library featuring over 1 million high-quality samples across more than 100 genres, users can easily search for tracks based on mood, genre, and activity. The platform is designed to eliminate the hassles of copyright claims and licensing issues, ensuring that all music is DMCA-friendly and usable across various platforms. Mubert not only empowers content creators with customizable music options but also supports independent musicians by providing them a way to monetize their work through collaborations. This unique approach positions Mubert as a versatile and user-friendly solution in the competitive landscape of music licensing.

PlatformaVR

Seed Round in 2018
PlatformaVR is an information technology company that specializes in the fields of virtual reality, entertainment, location-based entertainment. The main features of the PlatformaVR experience are its original AAA game content 100% developed in-house and full-body tracking system delivering maximum immersion. The company was founded in 2017 and headquartered in Moscow City, Russian Federation.

WARD

Convertible Note in 2018
Ward GmbH, based in Berlin, Germany, specializes in developing an application-based fantasy eSports game that enables users to predict outcomes of eSports matches in real time. Founded in 2017, the platform allows fans to engage actively with their favorite games by making predictions and competing for real prizes. This innovative approach addresses the desire of eSports enthusiasts to go beyond mere observation, providing a way to spectate, participate, analyze, and predict match results. Ward GmbH aims to enhance the viewing experience for fans by integrating interactive elements into the eSports landscape.

Winstrike

Seed Round in 2018
Winstrike is a group of companies performing on e-sports market. Our key business is e-sport’s expansion through establishment of cyber-sports chain of arenas, mobile apps development, supporting teams and organizations and distributing marketing activities among gaming audience.

Nowescape

Convertible Note in 2018
Nowescape is an entertainment company founded in 2016 and based in Harjumaa, Estonia. It operates a software application platform that serves as an online marketplace for escape room enthusiasts. The platform connects escape room operators with players, allowing users to easily search for and book escape room experiences worldwide. By providing a centralized destination for bookings, Nowescape aims to enhance accessibility and affordability for customers seeking engaging entertainment options in the growing escape room sector.
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