ERMAK Group

About The Fund

ERMAK Group is a venture capital firm that specializes in early-stage companies with a focus on empowering creative and innovative sectors. Founded in 2009 and based in London, United Kingdom, they invest in diverse industries including Software (Web Marketplace SaaS), IT and TMT, FinTech and Financial Services, Retail and E-Commerce, CleanTech, AI and Big Data, HealthTech and Fitness, and Logistics and Distribution. The fund boasts a well-defined investment thesis that prioritizes Active Investment in creative, e-commerce, retail, financial services, platforms, and marketplace sectors, with investment amounts ranging from a minimum of $2,300,000 to a maximum of $78,150,000. ERMAK Group is driven by a passion for exploring imagination through investment and establishing a new relationship between artistry and investment where conventions can be challenged and new opportunities can be explored. They maintain a portfolio supporting a diverse mix of talents, working to empower creative partners through collaboration and a belief that 'they are all makers' and can achieve more collectively. ERMAK Group is ambitious to investigate the new, bringing a progressive attitude to projects and creating space for complementary expertise and long-standing relationships that ignite imaginations and success. Their international partnerships, including with Concentric, enhance their investment approach, sharing a forward-thinking mindset that embraces innovation, opportunity, and scale. Concentric is described as an Activist Venture Fund, partnering with sector-defining founders across Europe to enable new technologies to solve important problems. ERMAK and Concentric are associated companies with different geographic investment mandates, working across early-stage technology businesses and creative enterprises in Europe. ERMAK is also described as a family investment office founded by Denis Shafranik that places emphasis on creative projects and supports organizations for positive social impact along with private investment ventures. Current projects encompass contemporary dance, multidisciplinary design, contemporary art and crafts, maker space, and charity investments, highlighting their multidisciplinary investment scope.