ULTRA.VC

ULTRA.VC

ULTRA.VC is an early-stage venture firm founded by Nikolay Storonosov, structured as a dual-hub operation with offices in Limassol, Cyprus, and a commercial presence in Singapore. The firm emerged from the post-Soviet tech diaspora, drawing on networks of engineers trained in Eastern European quantitative and systems disciplines, then routing that technical talent toward global markets. Storonosov spent the early part of the 2010s structuring cross-border technology partnerships, work that shaped the firm's thesis: that the strongest enterprise-software founders sit outside SV while their customers increasingly sit in Asia. ULTRA.VC invests at Seed and Pre-Seed stages, primarily in enterprise SaaS, applied AI, cybersecurity, and fintech infrastructure. The firm writes checks in the low six figures, typically as the first institutional money in. Rather than competing for Silicon Valley deal heat, the firm sources from Eastern European accelerators, Central Asian technical universities, and Israeli second-stage spinouts — a pipeline built on founder relationships that predate the fund. Confirmed portfolio names include Druid AI, a conversational AI platform for enterprise that raised $30M in Series B funding in 2023 (per TechCrunch, 2023). The firm also participated in rounds for cybersecurity and regtech platforms targeting Asian financial institutions, though it rarely publicizes its position sizes. Its geographic pattern pairs engineering talent from Europe and Israel with go-to-market channels the team has built in Singapore, Vietnam, and Indonesia. Storonosov operates with a small, distributed investment team, typical for a fund that prioritizes decision speed over committee process. The firm runs lean, with few publicly disclosed headcount details and no disclosed philanthropic or alternative vehicles. In July 2023, ULTRA.VC was recognized by SGN (Singapore Global Network) as one of the active cross-border venture operators bridging European deep tech and Asian commercial rollouts (per SGN, 2023). The Singapore node is structured as a commercial representative office, not an FCA or MAS-regulated investment manager — a posture that keeps overhead low and allowable sourcing broad but limits the pool of regulated LPs who can commit. ULTRA.VC is not a family office but operates with family-office-grade independence: no external portfolio pressure, no published fund close timelines, no formal capital deployment pace. Storonosov's decision stack is engineered to approve a term sheet within a week of a warm introduction. The firm's structural differentiator is the absence of a Western LP base. That frees it to hold positions without fundraising-driven exit pressure, giving it a longer time horizon than most comparably sized seed funds.