The fund, founded in 2009 by Pavel Korolev, is based in Kazan, Russia but primarily invests in startups in the United States. It looks for startups that are 2-3 years old and specializes in mobile payments and advertising. Pulsar Venture Capital typically invests in rounds with 1-2 other participants and has invested in companies like Vango and Kinzan.com. The fund is active in 2-6 investment rounds annually, with an average investment of $1-5 million. It has a strong global network and also focuses on growing the venture infrastructure in developing economies.