Buran Venture Capital becomes Flashpoint, launches 50 million Euro venture debt fund dedicated to tech startups in the CEE

Flashpoint is the new name of Buran Venture Capital, the leading financial group offering equity and debt financing solutions for software companies. After rebranding, the company also announced the launch of a new product, a Venture Debt fund dedicated to tech startups in Central and Eastern Europe and Israel, with a target value of 50 million euros. Venture Debt is a term loan designed to help startups finance their operations and access expertise without diluting existing shareholders’ equity.

“Our business has expanded significantly over the past few years and we have realized that our vision is to develop a top multi-asset investment and asset management business dedicated to Central and Eastern Europe and Israel and not just a fund venture capital,” said Alexander Konoplyasty, Managing Partner Flashpoint.

The launch of Venture Debt is part of Flashpoint’s strategy of building a multi-product investment platform that invests in software startups in Central and Eastern Europe and Israel.