For startupsLaunch
Everything a young company needs to enter the market with evidence instead of guesses.
- Market analytics
- Competitive intelligence
- Go-to-market strategy
- Investor scouting & pitch decks
Turning chaos into decisions.
Blank is an analytics studio focused on venture capital, emerging technologies, and new market entry. We help funds, corporates, and startups make decisions grounded in data — not intuition.
FY 2026
Overview
Deal flow
Valuations
Markets
Reports
Deals tracked3,412↑ 18% YoY
Funds mapped480↑ 64 new
Markets covered22Gulf · Europe · LatAm
GCC venture funding, $B
Deals by sector
Deals closed by year
Most active funds
STV42
Wa'ed Ventures35
MEVP31
Shorooq28
50+Research & consulting projects delivered
20+Markets covered — Gulf, Europe, Latin America
1M+Unique views on public research reports
95%NPS across client engagements
Research delivered in partnership with
Three challenges.
One studio.
We work with VC funds, PE houses, corporates, startups, and innovation programs — helping them navigate unfamiliar markets and validate opportunities.
For investorsScale
We find the white space before it gets crowded — and turn it into an investable view.
- New market entry research
- Venture ecosystem mapping
- Opportunity screening
- Startup valuation
For corporatesTransform
We help established companies think and move like the startups they're trying to catch.
- Strategy consulting
- Digital transformation roadmaps
- Technology scouting
- Educational programs
/ 01
We've sat on both sides of the table
Advising funds on where to put capital, and helping startups earn it. That dual perspective — investor logic meets founder reality — shapes everything we deliver.
/ 02
We go deep, not wide
Every project gets a dedicated team that lives inside the subject matter until the deliverable is done — not a junior analyst rotating between ten clients.
/ 03
We build for reuse
Our research doesn't expire after one presentation. Clients use it for investor relations, internal strategy, thought leadership, and business development long after the project closes.
Casebook.
Selected research and consulting projects for VC and PE funds. Each card opens the full case.
FinTechSpaceTechSportsTechAI & Deep TechClimateTechE-commerce & RetailHealthTechEdTech
VC Fund · USSpaceTech Report — 2026Built a global SpaceTech ecosystem map, screened companies worldwide, and validated technology trends through expert interviews with senior specialists from NASA and SpaceX.
Refined investment thesis, accelerated deal flow
VC Fund · EuropeGCC Venture Ecosystem ResearchComprehensive research covering all six GCC states — deal flow analysis, unicorn mapping, sector breakdowns by country, softlanding guides, and profiles of active investors.
Fund's primary GCC reference, presented at GITEX
Sports VC · EuropeEuropean SportsTech ReportScouted 3,500+ startups across Europe and filtered down to ~500 with real traction. Country profiles, sector CAGR analysis, deal benchmarks, and investor maps — 120+ slides.
Largest European SportsTech catalog, 5 investments sourced
PE Fund · CISAI Startup MappingMapped the AI startup landscape across CIS, Europe, and the Gulf for one of the region's largest PE funds — filtering by technology maturity, revenue traction, team depth, and strategic fit.
Acquisition pipeline in 6 weeks, targets moved to due diligence
Proprietary frameworks on every project.
For example, our 12-pillar startup scoring model gives investors a structured, comparable view instead of relying on gut feeling and founder charisma.
Each dimension is scored and mapped on a radar chart — making it easy to compare startups side by side within a portfolio or a deal pipeline. We use it internally and as a deliverable for funds running accelerator programs or scouting deals.
Target startup
Stage benchmark
What clients say.
Working with Blank for our strategic market research was a game-changer. Their thorough analysis and deep insights into the competitive landscape provided us with a clear roadmap for our business development strategy. We highly recommend Blank for any business seeking actionable, data-driven insights to drive growth and performance.
Maxim SimakovCo-Founder, The Most Agency
Our experience with Blank is outstanding. They provided comprehensive analyses of startups, evaluating their potential and competitive positioning with precision. Their insights were valuable in our decision-making process, enabling our partners to make informed investments with confidence.
Masha IvanovaCEO, Gingo Partners
Not a data dump — an actual decision tool. The scoring model let us compare our whole pipeline side by side and defend the picks in front of the investment committee.
Investment DirectorPE fund, CIS region
VC Reviews.
Regional venture capital guides — funds, deal flow, and ecosystem maps for founders and investors entering new markets. Click a market to explore.
Questions we get asked.
Short answers on what we do, how long it takes and what you get.
What does Blank do?
Blank is an analytics and strategy studio focused on venture capital, emerging technologies and new market entry. We deliver market research, venture ecosystem mapping, startup scouting and valuation, go-to-market strategy and investor pitch decks for VC and PE funds, corporates and startups.
Who are your clients?
VC and PE funds, corporates, startups and innovation programs. Our research has been delivered in partnership with Forbes, GITEX and 500 Startups, and public reports have collected over 1 million unique views.
Which markets do you cover?
20+ markets across the Gulf (UAE, Saudi Arabia, Qatar), Europe, Latin America, India, Turkey and the CIS. We also publish free VC guides for the UAE, Saudi Arabia, Qatar, Mexico, India and Turkey.
How long does a project take?
Typical turnaround is 4 to 8 weeks. Every project follows the same path: a focused brief, deep research, structuring the findings into a clear framework, and a finished deliverable you can use the same day.
What data sources do you use?
PitchBook, Dealroom, Tracxn and proprietary datasets, cross-referenced with expert interviews and primary sources. Findings are validated with industry partners and senior specialists in each sector.
What do we receive at the end?
A finished product for a boardroom, a fundraise or a strategy session: a strategy deck, market map, competitive matrix, valuation model or go-to-market roadmap. Clients reuse the research for investor relations, thought leadership and business development.
Why is the studio called Blank?
We are named after Steve Blank, the author of customer development and a founder of the lean startup methodology, and after the blank page: every new market, client and question starts as a fresh discovery.
How do we start?
Write to kirill@blank-project.com. We begin with a short conversation about the decision your research needs to support, the timeline and the audience, then propose scope and format.