BRV Black River Ventures

Black River Ventures (BRV) is a venture capital firm founded in 2013 and headquartered in Barcelona, Spain, with operations across the European Union and the United States. The firm invests in growth and later-stage technology companies with a particular focus on fintech, data analytics and AI, software and services, and hardware and IoT. BRV manages approximately $20 million in assets and provides capital in the range of $3 million to $20 million, with a typical investment ticket of $5 million to $10 million and a three-to-five-year investment horizon. The portfolio spans 11 investments, including DreamBig Semiconductor (Series B, July 2024). The firm targets both European companies aiming to become global leaders and US technology companies entering the European market, viewing the European online audience of 400 million-plus consumers as a durable and underpenetrated commercial opportunity for well-capitalized growth companies. Managing Partner Evgeny Kaltashev leads the firm with a focus on partnering with visionary growth-stage companies that have demonstrated early market leadership and are seeking smart capital for long-term expansion. BRV's investment strategy is built around a combination of financial return and active partnership — providing operational guidance, market access, and strategic introductions that help portfolio companies accelerate their paths to acquisition or public market exit.