K&T Capital, a London, UK-based hybrid accelerator and venture capital firm, closed a €20M initial round of funding from private investors.
The firm also announced follow-on investments in its first-tier portfolio companies RGK Mobile, Ecoisme and 7Ads.
Led by co-founders Roman Taranov and Evgeny Kayumov, and CMO Gil Regev, COO Yevgeny Antoniuk, and CFO Ali Cheema, K&T Capital targets post-seed startups with proven business models across multiple and dynamic sectors including mobile, advertising, fintech and IoT.
The company leverages a distinctive skillset to create and implement Europe/Asia growth strategies for startups based in emerging economies.
With its diverse and multidisciplinary team, K&T is able to provide financial, legal and marketing support to its portfolio companies, growing, restructuring and preparing them for future funding.
K&T Capital’s key portfolio companies include:
– RGK Mobile, a global provider of mobile carrier payment solutions, specializing in payment aggregation, whose clients include Deutsche Telekom, Swisscom, Airtel and Axiata.
– Ecoisme, a provider of smart home energy monitors to detect and track energy usage of home appliances, backed by Virgin Media.
– 7Ads, a native advertising company that serves major CIS brands and drives 1B clicks monthly, through integration with direct premium publishers and traffic sources.