Baltic Life Science Venture Builder

The future of Life Science innovation begins with concepts of improving healthcare systems.

Innovative strategies and new technologies in the healthcare sector must begin by envisioning what a better future might looklike – a future that is better for patients, healthcare providers, and the companies and other organizations that support them, expandingthe boundaries and possibilities of the healthcare system.

EXPANSE Capital – Baltic Life Science Venture builder – our activity is aimed at developing and bringing new technologies to the Life Science markets, creating new businesses based on the concepts of the future of healthcare systems that will have a positive impact on human health, improve the quality of life, while expanding the possibilities of medicine and making it accessible to all. We are looking for teams with strong technological competencies to co-create and grow globally focused companies, together changing and improving the healthcare system.

12 facts about EXPANSE Capital

We strive to make a positive impact on people's health, improve their quality of life, expand the possibilities of medicine and make it accessible to all.
Our team has a combined experience of over 25 years in the venture capital industry, including working on bringing technology startups to markets in Europe, the US and Asia.
Our experience and network of partners have predetermined our specialization - Life Science, which includes the following areas: HealthTech, MedTech, Techbio, Digital Health, AgroTech (healthy food) and Clean Tech (healthy environment).
EXPANSE Capital was founded in 2019 as a BOUTIQUE START-UP ACCELERATOR for high-tech projects in the field of Life Science, headquartered in Riga (Latvia).
Our initial business model: Sweat equity, that is, the accelerator's income from the capitalization of portfolio startups in which the competence services of the accelerator were invested.
Global trends have prompted us to switch to a new business model - Venture Builder, which is a more effective tool for developing innovative technologies and bringing them to the market. Today we are developing in a 3 in 1 business model: Venture builder - corporate accelerator - impact seed fund.
We are active members of Life Science Latvian Innovation Ecosystem, Digital Medicine Cluster and Startin.LV Association.
With the support of the Ministry of Economy and the Ministry of Health, we are creating a "sandbox" for startups focused on the creation and development of companies in the field of Life Science in the Baltic States and Eastern Europe.
We actively cooperate with leading corporations and European universities to foster technological entrepreneurship and co-develop innovative ecosystems.
We are interested in cooperation with medical institutions (clinics and rehabilitation centers), medical equipment manufacturers, pharmaceutical companies and insurance companies.
Our team has successful experience in solving problems for corporations in the "Open innovation" model, technology scouting and conducting corporate acceleration programs.
We are ready to consider cooperation opportunities with potential partners, investors and business angels for the development of Venture Builder and Life Science Seed Impact Fund.

"Expanse Capital" in faces

Alexey Kornev

Executive Director

More than 10 years of experience in developing and implementing mechanisms to support innovative enterprises. Expert in commercialization, technology transfer and industrial property rights. Experience in evaluating business projects, incl. startups.

Yuri Fedotkin

Partner, Co-Founder

Director of Strategic Development and Investor Relations, Technology Scout

More than 25 years in business, of which more than 10 years in the venture investment market.

Specialization in Life Science startups: BioMedTech, Digital Health, AgroTech (healthy food) and Clean Tech (healthy environment), etc.

7+ years of experience in bringing startups to the EU markets.

2 companies were brought to the global market.

15+ million euros of attracted investments in early-stage startups

International expert in the field of venture investments and development of technology companies, development of innovative ecosystems and healthcare systems, regularly speaks at various forums

Education: Ph.D., MBA

He has expertise in the development of innovative ecosystems, creation of start-ups, venture investments, mergers and acquisitions (M&A), technology transfer.

Vladislav Lurye

Partner, Co-Founder

Lawyer in corporate and international law with 18 years of experience in leading banks, investment funds and law firms. Co-managing partner of Lurye, Chumakov & Partners.

Vladislav specializes in legal support of transactions for attracting investments by startups, transactions for the sale of companies to strategic buyers (M&A), support for startups when entering foreign markets, including through the creation of joint ventures.

The total amount of mezzanine and venture financing transactions completed by Vladislav as a lawyer over the past few years exceeds $600 million.

Vladislav listed among the best specialists in Corporate Law according to the international independent rating of lawyers Best Lawyers-2021. In addition to practical work, Vladislav regularly speaks at various forums on the legal aspects of venture capital investments.

Education: University of Manchester (training at the Moscow Higher School of Social and Economic Sciences), LLM, 2003. Kemerovo State University, Faculty of Law, 2000