DOMiNO Ventures
DOMiNO Ventures is a Dutch-based venture capital fund investing Seed to Series B in high-tech, pure-digital startups founded by entrepreneurs from Eastern Europe, Central Asia, and the Caucasus, operating from nine offices and supporting portfolio founders with the BetterFuture acceleration program and Effecters platform.
- Company typePrivate
- Founded2017
- HeadquartersAmsterdam, Netherlands
- Headcount11–50
- GTM typeB2B
- OfferingServices
What DOMiNO Ventures does
DOMiNO Ventures (legal entity: Domino Ventures Management B.V.) is a privately held Dutch venture capital fund founded in 2017 by Managing Partners Mustafa Kopuk and Yagiz Karadeniz, headquartered in Amsterdam. The firm invests Seed to Series B (initial tickets €200K-€1M, with over 60% of fund reserved for follow-ons) into high-tech, pure-digital, and first-day global startups whose founders originate from Eastern Europe, Central Asia, and the Caucasus. The stated portfolio benchmark is founders capable of reaching $10M ARR with under 50 team members within five years.
The firm's core "products" are its investment vehicles and two ecosystem platforms: the BetterFuture AI Acceleration Program, an 8-week intensive cohort for AI startups in Central Asia and the Caucasus that funnels graduates into the investment pipeline, and the DOMiNO Effecters Platform, a post-investment support offering providing masterclasses, operator networks, mentorship, market expansion playbooks, and investor-readiness tools for portfolio founders. The fund is legally structured as a Netherlands private limited company and operates from nine offices spanning Amsterdam (HQ), Istanbul, London, Tallinn, Warsaw, Astana, Tashkent, Tbilisi, and Baku. The current portfolio comprises 20+ companies across AI, Deeptech, Cleantech, Healthtech, Fintech, HRtech, Edtech, Gametech, Cybersecurity, and Life Sciences.
DOMiNO generates returns through standard venture fund economics — management fees on committed capital and carried interest on exits — rather than licensing or product revenue. Its go-to-market relies on warm founder introductions, direct applications via [email protected], an extensive regional partnership network (IT Park Uzbekistan, IT Park Ventures, Astana Hub, BGlobal Ventures, Alem Ventures, United Ventures, Firstpoint VC, among others), and active presence at regional forums such as INMerge, Central Eurasian Venture Forum, Türkiye-Kazakhstan Business Forum, and Global Tech Weekend. In September 2025 the firm launched DOMiNO Uzbekistan, the country's first international private VC fund with a $20 million target size, signaling an active second-fundraise phase.
DOMiNO Ventures firmographics
Firmographics- Name
- DOMiNO Ventures
- Legal name
- Domino Ventures Management B.V.
- Website
- https://dominovc.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- DOMiNO Ventures is a Dutch-based venture capital fund investing Seed to Series B in high-tech, pure-digital startups founded by entrepreneurs from Eastern Europe, Central Asia, and the Caucasus, operating from nine offices and supporting portfolio founders with the BetterFuture acceleration program and Effecters platform.
- Ownership category
- akta.pro rank
DOMiNO Ventures industry classification
Industry- Product category
- Venture Capital
- akta.pro primary industry
- Early-Stage Venture Capital (Series A/B) (FSANAAAB)
- akta.pro secondary industries
- Sector-Focused Venture Capital (Vertical Specialists) (FSANAAAD), Accelerators & Incubators (Investor-Operated) (FSANAAAM)
Keywords
Where DOMiNO Ventures is headquartered
LocationHeadquarters
- HQ city
- Amsterdam
- HQ country
- Netherlands
- HQ region
- Europe
Offices9 records
Markets served
DOMiNO Ventures business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Investment Returns (Carried Interest): DOMiNO Ventures generates returns through carried interest on successful portfolio exits. They invest in early to growth stage startups from Seed through Series B, seeking to back globally ambitious founders from Eastern Europe, Central Asia, and the Caucasus who can build companies capable of reaching $10M ARR with under 50 team members within 5 years.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Seed to Series B investments |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels6 records
DOMiNO Ventures product offering
Product offeringCore offering
DOMiNO Ventures is a Dutch-based venture capital fund that provides equity capital to high-tech, pure-digital, first-day global startups from Eastern Europe, Central Asia, and the Caucasus. It invests from Seed to Series B with initial tickets of €200K to €1M and reserves over 60% of the fund for follow-on rounds. Beyond capital, the firm runs the 8-week BetterFuture AI Acceleration Program for Central Asia/Caucasus AI startups and the DOMiNO Effecters Platform delivering post-investment masterclasses, operator network access, and market expansion support.
Product overview
DOMiNO Ventures is a Dutch-based venture capital fund that offers investment services, acceleration programs, and post-investment support platforms. The core offerings include the BetterFuture AI Acceleration Program (an 8-week intensive acceleration program for AI startups from Central Asia and Caucasus) and the DOMiNO Effecters Platform (a post-investment platform providing masterclasses, mentorship, operator networks, and tools for portfolio founders).
Differentiator
Problem solved
Functional benefit
Brands
- BetterFuture AI Acceleration Program: 8-week intensive AI acceleration program curated by DOMiNO Ventures for Central Asia and Caucasus startup ecosystem.
- DOMiNO Effecters Platform
Products and services
- DOMiNO Effecters Platform Post-investment support platform for DOMiNO-backed founders delivering masterclasses, operator network, mentorship, market expansion playbooks, investor readiness support, and founder leadership development to scale portfolio companies from Seed to Series B.
- BetterFuture AI Acceleration Program 8-week intensive online acceleration program providing AI-driven tech startups from Central Asia and the Caucasus with investment opportunity, investor network access, hard and soft skills training, and alumni network membership.
- DOMiNO Uzbekistan Fund Dedicated venture capital fund for Uzbekistan with a USD 20 million target, structured to give entrepreneurs in the country a gateway to global opportunities.
Quantifiable outcome
- Over 60% of fund reserved for follow-on investments
- +2 more outcomes
Companies that use DOMiNO Ventures
Customer profileNamed customers17 records
Segments3 records
Ideal customer profiles3 records
DOMiNO Ventures technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
DOMiNO Ventures partnerships and signals
Strategic signalPartnerships
15 partnerships are on record, tiered core and minor.
- IT Park UzbekistancoreTrusted partner for BetterFuture Acceleration Program; IT-Park is Uzbekistan's technology park supporting startup ecosystem development.
- Westminster International University in Tashkent (WIUT)minorAcademic partner supporting BetterFuture Acceleration Program initiatives in Uzbekistan.
- AXEL NetworkminorNetwork partner for BetterFuture Acceleration Program supporting startup ecosystem.
- Astana HubcoreInternational tech hub in Kazakhstan - partner supporting regional tech ecosystem development.
- FutureLab GeorgiaminorInnovation hub partner in Georgia supporting BetterFuture program.
- Impact Hub TbilisiminorEntrepreneurship support organization in Georgia - ecosystem partner.
- SABAH AfghanistanminorEcosystem partner supporting startup development in the region.
- SwiftLaunchminorEcosystem partner for startup acceleration in Central Asia.
- Nazarbayev UniversityminorAcademic institution partner in Kazakhstan supporting tech talent development.
- Azerbaijan University (UNEC)minorAcademic partner supporting BetterFuture Acceleration Program.
- UNEC INCminorIncubation center at Azerbaijan University supporting startup ecosystem.
- Startup Central EurasiaminorRegional startup ecosystem organization supporting cross-border innovation.
- ABB TechminorTechnology partner supporting BetterFuture Acceleration Program.
- CBNetminorEcosystem partner for BetterFuture Acceleration Program.
- Cystic Fibrosis FoundationcoreResearch partner of portfolio company Antiverse for designing novel antibodies targeting the CFTR protein.
Scale indicators7 records
Recent moves7 records
DOMiNO Ventures competitors and assessment
Company assessmentDirect peers
- Almaz Capital: US- and CEE-focused venture capital firm investing in early- to growth-stage tech companies with roots in CIS and Eastern Europe. Directly comparable regional thesis, similar stage focus, and overlapping LP/portfolio networks with DOMiNO Ventures.
- South Central Ventures: VC fund manager focused on early- and growth-stage tech companies across the Western Balkans and Central Europe. Highly comparable geography (Southeast/Central Europe), similar ticket sizes, and similar sector diversification as DOMiNO.
- Apeiron Ventures: Early-stage investor focused on CEE founders building globally. Listed as a co-investor in DOMiNO's BetterFuture program; comparable stage and regional focus.
- Eleven Ventures (11.vc): Bulgaria-based early-stage VC investing across CEE and Southeast Europe in tech-enabled startups. Direct geographic and stage overlap with DOMiNO's portfolio, and listed as a co-investor in DOMiNO's BetterFuture program.
- Alem Ventures (Alem Capital Management): Kazakhstan-rooted VC platform supporting Central Asian tech startups. Direct regional overlap with DOMiNO and a strategic cooperation partner signed at the Türkiye-Kazakhstan Business Forum 2025.
- FlyerOne Ventures: Romania-based early-stage VC investing in CEE tech startups. Comparable regional thesis, stage focus, and ticket sizes; listed as a co-investor in DOMiNO's BetterFuture ecosystem.
Broad incumbents
- Earlybird Venture Capital: One of Europe's most established early-stage VCs with pan-European reach. Comparable in stage focus (Seed to Series B) and digital-tech orientation; competes with DOMiNO for CEE-origin founders relocating westward.
- Speedinvest: Vienna-based early-stage VC with sector-focused funds across Europe. Broader European footprint than DOMiNO but highly comparable stage and digital-tech thesis, and an established competitor for CEE talent.
- RTP Global: Global VC with strong focus on emerging markets including India, Southeast Asia, and emerging Europe. Comparable thesis of backing 'first-day global' founders from cost-arbitrage markets, with deeper LP base and longer track record.
- 500 Global (500 Startups): Global early-stage VC and accelerator with extensive emerging-markets presence including Central Asia. Directly competes with DOMiNO for emerging-market founders via its accelerator model and global LP base.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key highlights6 records
Customer concentration
DOMiNO Ventures social profiles
Digital presenceDOMiNO Ventures financial estimates
Financial estimateRevenue estimate
Valuation estimate
DOMiNO Ventures leadership team
Management profileNumber of profiles
Profiles6 records
DOMiNO Ventures funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
DOMiNO Ventures M&A and investment
M&A and investmentM&A
Investments30 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about DOMiNO Ventures
What does DOMiNO Ventures do?
DOMiNO Ventures is a Dutch-based venture capital fund that provides equity capital to high-tech, pure-digital, first-day global startups from Eastern Europe, Central Asia, and the Caucasus. It invests from Seed to Series B with initial tickets of €200K to €1M and reserves over 60% of the fund for follow-on rounds. Beyond capital, the firm runs the 8-week BetterFuture AI Acceleration Program for Central Asia/Caucasus AI startups and the DOMiNO Effecters Platform delivering post-investment masterclasses, operator network access, and market expansion support.
Is DOMiNO Ventures a public or private company?
DOMiNO Ventures is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was DOMiNO Ventures founded?
DOMiNO Ventures was founded in 2017. It employs 11 to 50 people.
Where is DOMiNO Ventures based?
DOMiNO Ventures is headquartered in Amsterdam, Netherlands, in the Europe region.
How does DOMiNO Ventures make money?
One revenue line is on record: investment Returns (Carried Interest).
Who are DOMiNO Ventures's main competitors?
Direct peers on record are Almaz Capital, South Central Ventures, Apeiron Ventures, Eleven Ventures (11.vc), Alem Ventures (Alem Capital Management) and FlyerOne Ventures. Broad incumbents are Earlybird Venture Capital, Speedinvest, RTP Global and 500 Global (500 Startups).
Does DOMiNO Ventures have an API?
No public API is recorded for DOMiNO Ventures.
What industry is DOMiNO Ventures in?
DOMiNO Ventures's product category is Venture Capital. Its primary akta.pro industry code is FSANAAAB, Early-Stage Venture Capital (Series A/B), with a secondary code of FSANAAAD, Sector-Focused Venture Capital (Vertical Specialists).