The venture capital landscape in Central and Eastern Europe is gaining momentum, drawing increasing interest from global investors. The region’s expanding ecosystem of innovative startups has prompted non-CEE funds to invest in local entrepreneurs, recognizing substantial opportunities for growth and industry disruption. Across sectors such as fintech, health tech, deep tech, and e-commerce, international investors are contributing with essential funding and also engage their networks to support CEE founders in scaling their businesses.
This listicle highlights some of the leading non-CEE venture capital firms actively investing in CEE founders, outlining their notable investments. More details and information about investors and funding rounds can be found in our State of AI in CEE 2024 report.
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1. Creandum
Last announced fund value: €500M
Original country/GP location: Sweden
Ticket size: up to €10M+
Key investments: SEON, Sharp3D, Craft Docs (Hungary), Better Stack (Czechia), Alokai (Poland)
2. Endeavor Catalyst
Last announced fund value: €270M
Original country/GP location: US
Ticket size: €5M+ (Endeavor Entrepreneurs Only)
Key investments: Druid AI, FintechOS (Romania), Payhawk, Alcatraz AI (Bugaria), Blueground, Hack the Box, TileDB, Spotawheel (Greece)
3. EBRD VC
Last announced fund value: €250M
Original country/GP location: UK
Ticket size: €2M to €25M
Key investments: Druid AI, FintechOS (Romania), Payhawk, Alcatraz AI (Bugaria), Blueground, Hack the Box, TileDB, Spotawheel (Greece)
4. Bek Ventures
Last Announced Fund Value: €236M
Original country/GP location: Turkey
Ticket Size: €2M to €5M
Key Investments: UiPath, FintechOS (Romania), Payhawk (Bulgaria), Orgnostic, Anari AI(Serbia), Photoneo (Slovakia), Alokai (Poland)
5. Point Nine
Last Announced Fund Value: €180M
Original Country/GP location: Germany
Ticket Size: €500k to €5M
Key Investments: Creatopy (Romania), CloudTalk (Slovakia), DocPlanner, merXu (Poland)
6. Seedcamp
Last Announced Fund Value: €166
Original Country/GP location: UK
Ticket Size: €300k to €1M
Key Investments: Kubeark, UiPath, Cyscale, Machinations (Romania), Rossum, Resistant AI (Czechia)
7. OpenOcean VC
Last Announced Fund Value: €92M
Original Country/GP location: UK/Finland
Ticket Size: €6M
Key Investments: Authologic, Booksy (Poland), Bitrise (Hungary), Lattice Flow (Bulgaria)
8. e2vc
Last Announced Fund Value: €70M
Original Country/GP location: Turkey
Ticket Size: €250k to €2M
Key Investments: Daytona, Pythagora (Croatia), Kubeark, Plant an App (Romania), Axoflow (Hungary), Plum (Greece)
9. Elevator Ventures
Last Announced Fund Value: €70M
Original Country/GP location: Austria
Ticket Size: €1M to €3M
Key Investments: CloudCart (Bulgaria), Finqware (Romania), Autenti (Poland), Twisto (Czechia)
10. Sunfish Partners
Last Announced Fund Value: €15M
Original Country/GP location: Germany/Poland
Ticket Size: €250k to €500k
Key Investments: Zaitra (Czechia), Alphamoon, Pergamin, Liftero, Aether Biomedical, CliniNote(Poland)
If you’ve reached the end of our article, don’t forget to download our State of AI in CEE 2024 report and get the freshest insights.
