Investors in Poland

ARIA to fundusz growth, inwestujący w spółki technologiczne z Europy Centralnej. Skupiamy się na zespołach, które przeszły pierwszą próbę rynkową i posiadają zweryfikowany model biznesowy. Wierzymy, że efektywna współpraca między założycielami biznesów a funduszem może przynieść ponadprzeciętne rezultaty. W związku z tym aktywnie wspieramy nasze spółki w szerokim spektrum zagadnień związanych z dalszym rozwojem biznesu. --- ARIA is a growth fund investing in tech scale ups from the Central Europe. We focus on early growth, post-product, high-tech scale ups that are developing unique technologies. We believe that an effective cooperation between business founders and the fund can bring extraordinary results. Therefore, we actively support our companies in a wide range of issues related to further business growth.

Kogito Ventures is a generalist, early-stage VC fund focused on Pre-Seed and Seed rounds. They operate a venture-on-demand model, building syndicates with Angel Investors and providing follow-on funding.

Oriens is a private equity firm specializing in providing growth and expansion capital at middle market stages. It also specializes in making investments for bolt-on acquisitions. The firm seeks to invest in manufacturing, services, business services, healthcare, media, retail, financial services, macroeconomics, information and communication technology services, energy, and environmental services sectors. The firm typically invests in Central Eastern European businesses with a focus on Czech Republic, Hungary, Slovakia, South Poland, Moldova, Romania, and Bulgaria. It seeks to invest between €2 million ($2.23 million) and €15 million ($16.75 million) in companies with enterprise value between $10 million and $15 million. The firm invests for a period of three to five years. It invests through equity or equity-type securities via capital increases and in some cases, partial buyout of shares. It takes a prudent approach to debt in its transactions. The firm invests in companies where the original owners retain a stake. It acquires controlling stakes in its portfolio companies and takes a seat on their Boards. The firm prefers to take majority positions in its portfolio companies. It also prefers to make follow-up acquisitions and integrate the portfolio companies onto the platform. It provides capital to increase capacity, develop and roll-out a service offering or a product, finance add-on acquisitions, and secure working capital for the growth of the companies. Oriens was founded in 2007 and is based in Budapest, Hungary with additional offices in Warsaw, Poland; Sofia, Bulgaria; Singapore, Singapore; Prague, Czech Republic; and Bucharest, Romania.

Straco is an independent Belgian investment group active in real estate project development, real estate investments and private equity.We currently operate in the Benelux, UK, France, Germany and Poland, but are always looking for global opportunities in various industries.We stand for long term sustainable investing in understandable business with an entrepreneurial touch.

Balnord is a venture capital firm specializing in seed/startup, pre-seed to exist stage investments. The firm invest in in deep tech and frontier tech projects in sectors such as supply chain, healthcare, space tech, data-driven software and dual-use technologies. The firm invest in Poland and the Baltic Sea basin region based companies. The firm prefers to invest between 500k euro ($0.58 million) and 2 million euro ($2.35 million). Balnord was founded in 2024 and is based in Luxembourg.

EnerCap is a specialist clean energy Investor and Adviser with a focus on Central and Eastern Europe. EnerCap manages an extensive portfolio of energy investments in Poland, Romania, Croatia and the Czech Republic. The project assets under management exceed €450 million, providing clean energy to over 200,000 households and saving 130,000 tonnes of carbon p.a.

We invest in seed Enterprise Software companies from Central and Eastern Europe with a proven track-record of helping founders raise subsequent rounds, backed by successful Enterprise Software founders who built companies worth over $50B.

We do not invest in start-ups, ie. we do not invest at pre-seed or seed stages No revenue – no investment We do not invest in internet ventures We do not invest in majority shareholdings We do not invest more than PLN 6 million or less than PLN 2 million We do not invest for a quick profit (investment period 3-7 years) We do not invest outside Poland

LT Capital is a pre-seed and seed stage venture capital fund focused on Central Eastern Europe, supporting founders across various sectors with a focus on AI, digitalization, and Industry 4.0.

Scaleworks is a B2B SaaS fund that operates under the Venture Equity model in which we take controlling stakes in companies and operate them for high–growth. Our goal is to accelerate sustainable, software companies and help them become even more successful. Each company has its own unique product, team, and story, all while being a part of the Scaleworks family. Headquartered in San Antonio, Texas, we have over 400 employees located in our offices in the US, Canada, and Poland. Our portfolio is expanding, check out our product section to get familiar with the products that are part of the Scaleworks family.

Seven2 sas is a private equity firm specializing in middle markets, later stage, carve-outs of business divisions from French or multinational corporations, public to private operations (PtoPs), and leveraged buyout in mid-caps and small and medium-sized companies. It seeks to invest in technologies, telecom, retail and consumer, media, healthcare, and business and financial services sectors. In information technology sector the firm focuses on high-tech goods and services, software technologies, hardware, emerging application segments, and services based on the mastery of new technologies. In specialized retail and consumer, it typically invests in home appliances, household goods and services, specialty retail chains, personal equipment, direct retail and e-commerce, business to business distribution, and consumer goods. In the media sector the firm seeks to invest in professional and technical publishing, broadcasting, business to business publishing, business, scientific and technical information, marketing, research, and design service companies, traditional and online, media agencies, rights, premium content and the supply of Internet content. It seeks to make investments in the telecommunications sector in segments including infrastructure and services, telecom operators, cable operators and technology companies, voice-data-video convergence, and development of new mobile services. The firm also invests in business and financial services in outsourced services focusing on financial services, business process outsourcing, services related to energy and environment. It makes investments in healthcare sectors with a focus on medical devices and services companies including private sector hospital treatment focusing on therapy of new medications or new forms for administering drugs, pharmaceutical laboratories, medical equipment, dermo-cosmetics, galenic development, and services and databases for health organizations, and health services including hospitalization structures, home health care, and medical analysis. The firm seeks to invest in companies based in French-speaking countries including France and Europe. It also invests in Turkey, Australia, Japan, South Korea, New Zealand, North Korea, Austria, Belgium, Denmark, Finland, Germany, Greece, Iceland, Italy, Belgium, Luxembourg, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, United Kingdom, Czech Republic, Hungary, Poland, Slovakia, Mexico, Chile, United States and Canada. It prefers to invest in equity investment between €3.47 million ($3.79 million) and €250 million ($273.2 million) in Mid-Market €50 million ($54.65 million) and €250 million ($273.2 million) and Development: €15 million ($16.40 million) and €50 million ($54.65 million) with sales value between $13.34 million and $2732.9 million and enterprise value between $10.88 million and $1113.52 million. The firm may co-invest with others. It seeks to acquire majority or significant minority stakes and a board seat in its portfolio companies. It prefers minority position if the transaction is based on a genuine partnership with the management team, which confers them certain rights. The firm typically invests for a period of five to seven years on average. It seeks to exit its investments through trade sales, IPOs, secondary buyouts, as well as partial sales, and recaps. Seven2 sas was founded in 1972 and is based in Paris, France with additional offices in Europe.

Simpact is the first VC investment fund in Poland based on the Impact Investing idea. For 5 years, we have been successfully investing in startups that create innovative technologies that solve the problems of the modern world. As part of the Simpact 1.0 fund, we supported 26 innovative projects. We are currently investing under the Simpact 2.0 fund with a total capitalization of PLN 100 million, supported by the European Investment Fund.

AIP Seed is a private venture capital fund powering early-stage startups, focusing on AI-driven breakthroughs and global potential.

Avallon is a pioneer of the management buyout market in Poland. Since its inception, we have participated in over 100 transactions of this type. Avallon MBO funds are the first of their kind in Central and Eastern Europe. We buy companies when owners are for various reasons (strategic decisions, succession issues, funds for development) looking for an investor to buy the shares of their company. We have been doing this as Avallon for nearly 15 years, and as managers for 25 years.

MCI Capital, founded in 1999, is one of the most dynamic private equity groups in EU-CEE focused on digital transformation. Currently, with the use of Private Equity / Venture Capital funds, MCI implements growth stage and expansion/buy-out stage investments in CEE Region, Germany and Austria (DACH) and Israel. MCI Capital is also active in the field of private debt.The assets under management are around PLN 2,3 Bn (USD 600 M). Through investment funds, it has so far closed over 60 investment projects and over 30 full exits. Since 1999 till now MCI generated net IRR at the level almost 23%. MCI Capital SA is listed on the Warsaw Stock Exchange since February 2001 and is also a member of the Polish Private Equity Association.MCI cooperates with the best European and global VC / PE funds.Investment strategy is based on three growth pillars:- Digital disruption — investments in pure-play internet business models. MCI forecasts that the strongest growth will be recorded in the following segments: digital media, e-commerce, marketplaces, Fintech, Internet of Things, Software as a Service, cloud computing, mobile internet and digital entertainment.- Digital ecosystem — investments in companies operating on the internet infrastructure development market, such as telecoms and data storage centres.- Digital adaptation — investment support to companies which, being already well established in the traditional economy, aspire to become European- and global-level players using opportunities offered by the internet.

bmp Ventures AG is a private equity and venture capital firm specializing in seed, series A/B, startup, early stage, mid and late venture, emerging growth, spinoff and growth capital investments. It prefers to invest in e-commerce and Internet, mobile, financial services, life science, marketing services, business-to-business, business-to-commerce, online publisher, industry technologies, software, technology, telecommunication, cleantech, material science, consumer products, alternative energy sectors, media, consumer, digital solutions, ehealth, industry & deeptech, media & gaming, cleanteach & planet positive, mobility & automotive, fintech & legaltech and entertainment services. The firm typically invests in small and mid-sized companies in Germany, Poland, the Czech Republic, Hungary, and Switzerland. It seeks to make initial investment starting at €0.5 million ($0.59 million) and invest between €0.5 million ($0.59 million) to €2.5 million ($2.95 million) in early stage financial rounds and up to €15 million ($17.52 million) in growth financing rounds in companies with revenues up to $13.57 million. It seeks to invest 15 % equity in minority holdings. The firm considers to exit its investments through trade sale or initial public offerings and prefers to hold its investments for 7 years but can also be over 10 years. bmp Ventures AG founded in 1997 and is based in Berlin, Germany with an additional office in Magdeburg, Germany.

COBIN Angels is the largest professional business angel community in Poland, dedicated to supporting early-stage investments in startups and new technologies. The organization serves as a platform connecting investors with promising startups, fostering growth and innovation within the Polish entrepreneurial ecosystem. COBIN Angels offers a range of services, including advisory for startups, investment opportunities for business angels, and various events and webinars aimed at enhancing the investment landscape. Their commitment to nurturing the startup community is evident through initiatives like the 'Business Angel of the Year' competition, which recognizes outstanding contributions to the field. Additionally, COBIN Angels collaborates with strategic partners such as PKO Bank Polski to further strengthen the support system for startups and investors alike.

We invest in EU-based startups digitalizing industry and energy sector.

ABOUT USInvesting in the FutureOTB Ventures is a leading venture capital firm in the CEE investing in early growth, post-product, high-tech start-ups that are developing unique technologies. Our partners have each over 20 years of entrepreneurial and international venture capital experience, and a proven track record in supporting the expansion of start-ups across international markets. We believe that maintaining dialogue with founders is essential for us to effectively support them. We provide guidance, mentorship and advice, as well as strategic support and in-depth market knowledge. We utilize our industry, financial and personal networks - backed by our strong market reputation as a fair and founder-friendly investor. ​We're constantly searching for the next opportunity - and encourage ambitious, driven disruptors to reach out and get in touch with us.​OTB Ventures is a venture capital fund investing in technology with unique IP, links to the CEE region, and global ambitions. We provide Series-A funding to empower entrepreneurs to scale their business globally, while retaining a strong focus on technology.

Hey there, entrepreneurial earthling! We (RTA.vc) are a small family office investing solely in early stage VC funds

YouNick is an unique technology park where people come first – the employer, employee, scientist, and innovation originator.We support the commercialisation of innovative projects and research results in the field of biotechnology, as well as medical, IT, chemical, environmental protection, and renewable energy sources industries. The effect of the above is 20 portfolio companies, the development of which is financed by YouNick, several dozen of companies using the infrastructure of the park, and more than 600 employees working at its premises.We create a friendly environment for people, business, and science to develop. Here your potential is combined with ours.YouNick in numbers: •nearly 12,000 sqm of office space•12,000 sqm of warehouse space•nearly 1,200 sqm of office and laboratory space•60 companies – tenants of the technology park•more than 600 people working at the technology park•20 innovative portfolio companies from the ICT, BIO, and Life Science industriesYouNick to unikalny park technologiczny, w którym na pierwszym miejscu jest człowiek – pracodawca, pracownik, naukowiec i pomysłodawca innowacji.Wspieramy komercjalizację innowacyjnych przedsięwzięć i wyników badań w branży biotechnologicznej, medycznej, IT, chemicznej, ochrony środowiska oraz odnawialnych źródeł energii. Efektem tej pracy jest 20 spółek portfelowych, których rozwój jest finansowany przez YouNick, kilkadziesiąt firm korzystających z infrastruktury parku i ponad 600 pracowników pracujących na jego terenie.Tworzymy przyjazne miejsce do rozwoju dla ludzi, biznesu i nauki.Tutaj Twój potencjał łączy się z naszym.YouNick w liczbach: •blisko 12.000 m kw powierzchni biurowej•12.000 m kw powierzchni magazynowej•prawie 1.200 m kw powierzchni biurowej i laboratoryjnej•blisko 60 firm – najemców parku•ponad 600 osób pracujących na terenie parku•20 innowacyjnych spółek zależnych z branży ICT, BIO i Life Science

We are a co-investment fund focusing on deep tech and hardware companies with the potential for rapid growth and global expansion. The fund is a result of the professional passion and experience of Jacek, Piotr, Luigi & Bartosz who have previously raised, invested, and are currently running their first fund in Poland – Meta Ventures Ingenium Poland. The experience gained in the venture capital and angel investing market in Poland and in Europe with a well-coordinated investment team helps us meet our goal to support entrepreneurs with a strong vision and ambition to develop large, international companies.

We invest in companies that have a defined product and generate first revenues or are characterized by dynamically growing traction. We are sector agnostic. We put strong emphasis on creating added value within our portfolio companies by providing mentoring and substantive assistance of co-investing business angels from our network. We focus on start-ups that operate or plan to expand to Polish market.

Freya Capital is a venture capital firm specializing in investments in seed/early-stage companies with high growth potential. The firm invests in Europe. The firm invests up to EUR 1 million ($1.21 million). Freya Capital was established in 2021 and is based in Warsaw, Poland

Hedgehog Fund is no longer investing. It is a venture capital firm specializing in early and mid venture investments. It seeks to invest in Poland. The firm typically invests up to PLN 1 million ($0.27 million) for a minority stake in its portfolio companies. Hedgehog Fund was founded in 2012 and is based in Warsaw, Poland.