Deals Home » News » Deals » 12 CEE VCs Ready to Invest with Fresh Capital

12 CEE VCs Ready to Invest with Fresh Capital

by Loredana Dobrea 4 November 2024 2 mins read CEE

CEE ~

In this article, we’ve begun listing half of the CEE VCs ramping up their capital, positioning themselves as key players in the startup ecosystem. All new VC funds are detailed in our State of AI in the CEE 2024 report. If you have any suggestions, feel free to reach out to us at [email protected].

Here are 12 CEE VCs Ready to Invest with Fresh Capital:

1. Apeiron Ventures (Greece)

Ticket Size: €300K to €1M
Month Announced: May 2024
Fund Value: €25M
Portfolio Companies: Circuland, Peek, Bluon Energi

2. BrightCap Ventures (Bulgaria)

Ticket Size: €0.4M to €3M
Month Announced: July 2024
Fund Value: €60M
Portfolio Companies: KardiAI, CoLumbo AI, Enview

3. bValue Growth (BVG) (Poland)

Ticket Size: €5M to €15M (equity stake of 20-40%)
Month Announced: April 2024
Fund Value: €90M
Portfolio Companies: SEEDia, Vidoc Security Lab, Sportano

4. Early Game Ventures (Romania)

Ticket Size: Up to €6M
Month Announced: May 2024
Fund Value: €60M
Portfolio Companies: DruidAI, Relock, Tokinomo

5. Fifth Quarter Ventures (5QV) (Western Balkans)

Ticket Size: €0.5M to €1M
Month Announced: October 2024
Fund Value: €18.4M
Portfolio Companies: Better, Orgnostic, Wasp

6. Full Speed Ventures (Poland)

Ticket Size: €1M to €4M
Month Announced: February 2024
Fund Value: €50M
Portfolio Companies: 4Semantics, tylko, cosmose AI

7. GapMinder Ventures (Romania)

Ticket Size: Up to €2.5M
Month Announced: February 2024
Fund Value: €80M
Portfolio Companies: AMSIMCEL, Cyscale, FintechOS

8. Lead Ventures (Hungary)

Ticket Size: €2M to €10M
Month Announced: July 2024
Fund Value: €100M
Portfolio Companies: aiMotive, CloudTalk, all eyes on screens

9. Purple Ventures (Czech Republic)

Ticket Size: €250K to €750K
Month Announced: March 2024
Fund Value: €40M
Portfolio Companies: campiri, Choice, toroto

10. SMOK Ventures (Poland)

Ticket Size: €92K up to more than €0.9M
Month Announced: January 2024
Fund Value: €23M
Portfolio Companies: Alokai, FAMS, Collabwriting

11. Underline Ventures (Romania)

Ticket Size: Up to €0.5M
Month Announced: November 2023
Fund Value: €20M
Portfolio Companies: Nestor, SaleSqueze, Turneo

12. ZAKA VC (Czech Republic)

Ticket Size: €250K to €300K
Month Announced: July 2024
Fund Value: €10.5M (target €15M)
Portfolio Companies: easySales, Miros, Readmio

If you’ve reached the end of our article, don’t forget to subscribe to receive our report when it’s released. Click on the image below and fill out the form.

Updated: 4 November 2024

Tags: CEE investor CEE VCs VC VC fund

Help us grow the emerging innovation hubs in Central and Eastern Europe

Every single contribution of yours helps us guarantee our independence and sustainable future. With your financial support, we can keep on providing constructive reporting on the developments in the region, give even more global visibility to our ecosystem, and educate the next generation of innovation journalists and content creators.

Find out more about how your donation could help us shape the story of the CEE entrepreneurial ecosystem!

START HERE

One-time donation

You can also support The Recursive’s mission with a pick-any-amount, one-time donation. 👍

DONATE NOW

Loredana Dobrea

Loredana Dobrea is a Startup & Tech Research Editor specializing in market research and data analysis. She leads data collection efforts and writes analytical articles, with a particular focus on AI, HealthTech, Education, and Social Impact sectors. Covering everything from emerging startups to established industry players in the CEE tech ecosystem, Loredana brings their stories to light with clarity and depth.