Europe's First Hybrid Accelerator and VC Raises ?20M

LONDON, October 25, 2018 /PRNewswire/ --

K&T Capital focuses on helping startups in emerging countries expand globally, leveraging founders' unique experience, backgrounds 

K&T Capital, a unique UK-based hybrid accelerator and venture capital firm, announced today the closing of a ?20M initial round of funding from private investors, in addition to follow-on investments in its first-tier portfolio companies RGK Mobile, Ecoisme and 7Ads.

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, pushing them to growth, restructuring them and preparing them for future funding.

K&T Capital was co-founded by Roman Taranov, a self-taught entrepreneur who started his mobile advertising and website brokerage agency at age sixteen. Originating in the Ukraine, Roman's agency galvanized mobile commerce across the CIS. Leveraging extensive experience in mobile affiliation, e-commerce and m-payment, Roman also co-founded RGK Mobile, a mobile payment aggregation solutions provider that now operates in 20 countries across Europe, Asia and Latin America.

"As a young entrepreneur, it's great to be in a position to help others as they are starting out," noted Roman Taranov, co-founder and Chairman of K&T Capital. "We in the K&T management team have lived through the challenges of raising capital and accessing new markets to drive growth. Now, we can support our portfolio startups to ensure that they overcome their own, similar, challenges," he concluded.

Taranov established the company together with Evgeny Kayumov, who, as Managing Director, brings a wealth of mobile industry expertise and strong financial acumen. K&T Capital's Chief Marketing Officer Gil Regev has spent over a decade building technology brands from idea to acquisition. Yevgeny Antoniuk, COO, has over 10 years' experience advising IT companies on intellectual property, data protection, investor relations, tax and corporate law. And Ali Cheema, CFO, is a fully qualified chartered accountant (FCCA) with a strong record of successfully leading private equity-backed organisations in a range of sectors.

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. For more information, please visit www.rgkmobile.com.
  
• Ecoisme - A provider of smart home energy monitors to detect and track energy usage of home appliances, backed by Virgin Media. For more information, please visit www.ecoisme.com.
  
• 7Ads - A native advertising company that serves major CIS brands and drives 1B clicks monthly, through integration with direct premium publishers and traffic sources.

About K&T Capital 

K&T Capital is a unique UK-based hybrid accelerator and venture capital firm, investing in post-seed startups with proven business models across multiple and dynamic sectors including mobile, advertising, fintech and IoT. Utilising the unique backgrounds of co-founders Roman Taranov and Evgeny Kayumov and the rest of its managing team, the company leverages a distinctive skillset to create and implement Europe/Asia growth strategies for startups based in emerging economies. Visit ktcapital.com for further info.

Media Contact for K&T Capital:
Diane Mckaye
www.siliconvpr.com
[email protected]
+44-7771-926726