Geek Ventures Launches $23 Million Fund to Support Immigrant Tech Founders

Geek Ventures, a new venture capital firm, has raised $23 million to invest in immigrant tech founders at the pre-seed and seed stages. Founded by Ihar Mahaniok, who immigrated from Belarus, the firm aims to provide more opportunities for talented entrepreneurs worldwide. Mahaniok also focuses on building connections within the U.S. venture capital ecosystem through networking events. Backed by investors such as Applovin founder and CEO Adam Foroughi, Geek Ventures has invested in 35 companies and plans to support one or two startups monthly with investments ranging from $50,000 to $1 million.