Top 3 Venture Capital Firms in Poland

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Poland’s dynamic tech ecosystem is experiencing unprecedented growth, powered significantly by visionary venture capital firms.

Today, we’re highlighting the top 3 venture capital firms in Poland, which are at the forefront of fostering innovation and supporting the country’s most promising tech startups.

Through strategic funding and expert guidance, these firms are integral to sculpting Poland’s position as a leading tech hub in Europe. Let’s delve into the key players making a profound impact on Poland’s entrepreneurial landscape.

We took into account the number of deals per year to create this list in alignment with the Impact’24 event in Poznań.

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Black Pearls VC

Black Pearls VC is a venture capital fund based in Gdansk, Poland, focusing on investing in tech startups across Northern and Central Europe. They are sector agnostic but have a particular interest in Deep Tech and B2B companies. The firm usually participates in seed, post-seed, and Series A funding rounds, with initial investments ranging from €100k to €1m. They are noted for being part of the Kauffman Fellows, a global network of leading venture capitalists.

Sector focus: Software, AI, IT, Internet, Health care, Big Data

Round: Convertible Note, Early Stage Venture, Seed

Total investments: 52

Founding Year: 2014

Notable Investments: Certifier, Traxlo, Autenti, Ondato, Deor

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Innovation Nest

Innovation Nest is a European venture capital firm based in Kraków, focusing on early-stage B2B software companies. With a decade-long history, they leverage their extensive experience and networks to support startups aiming for global success. The firm is deeply human-centric, valuing talented individuals and teams capable of achieving extraordinary results, emphasizing that technology transcends borders.

Sector focus: Software, SaaS, B2B, IT, AI

Round: Early Stage Venture, Seed

Total investments: 72

Founding Year: 2010

Notable Investments: AI Clearing, Plane, Arise Travel, Kenjo, Autenti

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Inovo VC

Inovo is a seed-stage venture capital firm focused on Central and Eastern European startups, investing primarily in the technology sector. They provide funding ranging from €0.5 million to €4 million, with the possibility of follow-on investments. Inovo supports ambitious founders and diverse industries, from developer tools and AI to healthcare and enterprise solutions.

Sector focus: Software, IT, AI, SaaS, Healthcare, Apps

Round:Early Stage Venture

Total investments: 54

Founding Year: 2012

Notable Investments: Smartschool, Kurs Orbital, Mindly, Quesma, Index Health

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SGH Capital SGH Capital is an investment firm that focuses on deploying capital in early and mid-stage disruptive companies, primarily in the United States and Western Europe. They have a track record of over 130 investments, contributing to the growth of more than 10 unicorns and supporting over 5 companies through initial public offerings (IPOs). SGH Capital emphasizes investing in innovative and transformative companies, aligning with their strategy of identifying and nurturing high-potential ventures. Sector focus: Software, Financial Services, FinTech, E-Commerce, Health Care Round: Early Stage Venture, Late Stage Venture, Seed Total investments: 122 Founding Year: 2014 Notable Investments: Asset Reality, TabTrader, Swan Bitcoin, Codelock, TabTrader

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