Poland is one of Eastern Europe’s best countries for establishing a startup according to Startup Blink. Poland’s startup scene remained stable in 2023 in the 33rd position in the global ranking, and 4th in the regional one. Poland is home to over 3K startups, and an increasing number of VC firms, currently with 210 active ones.
Poland is one of the CEE countries with the highest number of unicorns. This year, Eleven Labs joined the ranks.
Who’s next in line? Take a look at the most significant funding rounds from Polish companies in H1.
- Eleven Labs
Latest round: €80M
Stage: Series B
Total funding: €92M
Investors: Andreessen Horowitz, SV Angel, Sequoia Capital, Credo Ventures, Nat Friedman, Daniel Gross, BroadLight Capital and Smash Capital
Founder: Piotr Dąbkowski and Mateusz Staniszewski
Vertical: AI
About: Text-to-speech and AI voice generator.
- SmartLunch Poland
Latest round: €14M
Stage: Early VC
Total funding: €15.10M
Investors: Benefit Systems
Founder: Mateusz Talpasz
Vertical: FoodTech
About: A platform dedicated to organizing meals for employees at the workplace with funding from the employer.
Latest round: €9.5M
Stage: Convertible
Total funding: €9.6M
Investors: Vinci Venture Capital
Founder: Grzegorz Suwalski
Vertical: HealthTech
About: Cardiac acidosis detected by Heart Guard in first preclinical study.
Latest round: €9.15M
Stage: Pre-seed
Total funding: €9.15M
Investors: Maciej Zientara
Founder: Aureliusz Górski
Vertical: EdTech
About: A platform aiming to help businesses and individuals use AI in a more efficient way.
- Saleor Commerce
Latest round: €6.7M
Stage: Seed
Total funding: €9.5M
Investors: Zalando, Target Global, Kevin Patrick Mahaffey, Revolut, Cherry Ventures, TQ Ventures and Auto1
Founder: Mirek Mencel
Vertical: e-commerce, B2B
About: An open-source e-commerce platform.
- Edrone
Latest round: €4.6M
Stage: Early VC
Total funding: €9.9M
Investors: Müller Medien, PortfoLion, Inventures and Atmos Ventures
Founder: Michal Blak and Rahim Blak
Vertical: MarTech
About: Edrone creates marketing automation and CRM systems specifically tailored for e-commerce businesses.
Latest round: €3M
Stage: Seed
Total funding: €4M
Investors: Vinci Venture Capital
Founder: Piotr Sikorski
Vertical: TravelTech
About: A company that implements projects aimed at the railway sector and its support.
Latest round: €2.5M
Stage: IPO
Total funding: €3.3M
Investors: Government of Poland and Polish Agency for Enterprise Development
Founder: Lukasz Bzdzion
Vertical: HealthTech
About: A company developing biopharmaceuticals based on stem cells.
Latest round: €2.4M
Stage: Pre-seed
Total funding: €2.4M
Investors: Earlybird Venture Capital, RTP Global, Expeditions Fund and Step Function Ventures
Founder: Bartek Pucek and Zbigniew Sobiecki
Vertical: SaaS
About: A company using AI agents to accelerate the proof-of-concept phase in software sales.
- Livespace
Latest round: €2.3M
Stage: Seed
Total funding: €2.9M
Investors: Inventures
Founder: Marcin Stanczak, Michal Skurowski and Michal Szkodzinski
Vertical: SaaS
About: A process-focused CRM platform for B2B sales teams.
