Larnabel Ventures[http://larnabel.vc/], a European Venture Capital (VC) firm 
established by Said Gutseriev, announced today their commitment to finance 
innovative consumer technologies as part of their investment strategy for 2022. 

Since its establishment in 2016, Larnabel Ventures has developed a tech-focused 
portfolio comprising some of the most exciting start-ups in Europe and the 
United States. While continuing to build on its current investments, Larnabel 
Ventures is actively seeking cutting-edge consumer technological enterprises 
that will dictate the technological evolution for years to come. 

Said Gutseriev, Founding Partner, Larnabel Ventures, said: “Supporting 
innovative technologies has long been at the heart of Larnabel’s investment 
strategy. Now more than ever, funding and engaging with tech-savvy 
entrepreneurs is proving to be one of the most profitable, sustainable, and 
rewarding ventures for any investment firm. We are at the cusp of a 
technological revolution, and it is imperative for investors to identify the 
direction of progress and support entrepreneurs who are bringing these 
technologies of the future to the public as quickly as possible.”

Eldar Vagapov, Managing Partner, Larnabel Ventures, added: “This year will be a 
critical year for technology investments across Europe. As we continue to 
slowly recover from the Covid-19 pandemic, entrepreneurs are provided with 
opportunities to expand into new and exciting innovative spaces. At Larnabel 
Ventures, we have been recently exposed to some of the world’s most disruptive 
and exciting technologies. As we move forward with our investments, our 
priority is to lay the groundwork for the next generation of tech leaders and 
industry pioneers.”

In 2021, Larnabel Ventures’ portfolio expanded to include Ellevate, the 
grassroots football app that provides young players in the UK with the 
opportunity to be scouted. The venture fund also funded DailyPay, the US-based 
digital wallet service helping employees access their earnings in real time. 
Another flagship investment carried out by Larnabel Ventures was GFN.RU, the 
GeForceNow cloud gaming partner in Eastern Europe. The work GeForceNow is doing 
is testament to the rapid transition towards the increased integration of the 
physical world with the metaverse, which is already noticeably underway.

Source: Larnabel Ventures