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Scythia Ventures Accelerator is a subsidiary of Scythia Ventures and Startup.ua, which works to develop early stage deals in digital sector companies in the CIS region. They offer startup capital of up to $100,000 and mentoring to their seed and early growth investments. Scythia Ventures Accelerator was founded in 2014 by Alex Nikolaenko and Alexander Soroka and is based in Kiev and San Francisco.
In their investments, Scythia Ventures Accelerator looks for several factors to try and mitigate and anticipate the risk facing their investments, including human capital, transparency, market fit, technology back by intellectual property rights with a clear and capital-efficient path to market, frugality, momentum and the terms of the investment deal.
