The “Flint Management” launches the second Fund focused on the Ukrainian mark

The “Flint Management” launches the second Fund focused on the Ukrainian markThe managing company “Flint Management”, established in the beginning of this year by ex-top-managers of the “Finam Global” Dmitry Smirnov and Oleg Seidak, launches the second venture Fund “Bull Ventures”, focused on “high-tech projects in the sphere of e-commerce on the territory of Ukraine, and also Central and East Europe”.

The Fund’s volume will comprise $10M. Investment strategy of the Fund is focused on formation of the close market infrastructure of e-commerce in Ukraine.

The “Bull Ventures” includes companies, creating full-functioning chain of e-commerce from the goods trade till delivery up to the end consumer.

The Fund is established by the managing company “Flint Management”; this company has also launched the first venture Fund “Flint Capital”, which entered the market in 2013.

The “LP Bull Ventures”, as it was the previous time, is unknown. The Fund itself says that these are the “famous Russian and Ukrainian businessmen and companies from financial, IT and retail-branches”.