30 Best Active Investors in Poland in 2024

Over the past decade, Europe has become the second largest technology ecosystem in the world, creating startups solving problems worth solving in society. Behind many of these companies are investors who provide not just funds but also guidance and support.


Our 2024 list brings together the most notable investors from across the continent, with everyone listed having a track record of making strategic investments in generation-defining companies. These rankings are the result of tracking investment activity across 17,000+ companies and +2,500 venture capital investors Europe, and includes funds who have invested in at least 5 European companies in the past year, regardless of where they are HQ'd.


Whether you're a budding entrepreneur seeking the right funding partner, an investor looking for co-investment opportunities, or simply curious about the financial powerhouses investing in Europe, this list provides invaluable insights into the region.


Last update to the database: Sep 24, 2024. See changelog.


Icon Investor Rankings are calculated using our Seedtable Score – a 1 to 100 score that uses quantitative and qualitative data points (like the size of their fund or the quality of the companies they invested in) to signal the strength behind an investor. A score closer to 100 indicates an investor is worth watching closely.

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List of 30 top Poland VCs

Flashpoint is a venture capital fund based in London that invests in tech companies at seed, Series A, and Series B stages, with investments ranging from $1 million to $15 million. They focus on sectors such as travel technology, transportation, real estate, and services. Notable investments include Hotelmize, Bob W, and Borzo. Flashpoint aims to help growing businesses in these sectors reach their full potential.

38

Offices:

London (HQ)

Budapest

Warsaw

Nicosia

Riga

Investment Stage:

Seed, Series A, Series B

Check Size:

$2.5M - $50M

Industries:

Proptech & Real Estate, Travel Tech, Mobility & Transportation

Top investments in Poland:

Borzo (
52)
, Bob W (
48)
, Hotelmize (
48)

Alfabeat is a venture capital fund based in Gdansk that invests in early-stage companies, particularly in AI, fintech, and green tech. They issue checks ranging from $250,000 to $1 million and back businesses in diverse sectors, including manufacturing, energy, and legal tech. Their portfolio includes companies like SunRoof, Coinfirm, and Druid. While they primarily focus on Series A rounds, they remain open to other early stages of investment. With expertise in enterprise software and a successful track record, Alfabeat supports the growth of companies shaping the future of technology.

26

Offices:

Luxembourg

Warsaw

Gdansk (HQ)

Investment Stage:

Series A, Unknown

Check Size:

$100k - $2.5M

Industries:

Climate Tech & Green Tech, Fintech, Crypto & web3

Top investments in Poland:

Druid (
44)
, SunRoof (
41)
, Coinfirm (
37)

Expeditions Fund is a venture capital firm based in Warsaw, investing in early-stage tech companies during seed and series B phases. They focus on cybersecurity, communications, and manufacturing. Notable investments include Ringover, Labrys Technologies, Oblivious, and Nu Quantum. Expeditions Fund adopts a patient, long-term approach to help businesses grow and succeed globally.

26

Offices:

Paris

London

Warsaw (HQ)

Investment Stage:

Pre Seed, Seed, Series B

Check Size:

$2.5M - $30M

Industries:

Govtech, Hardware, Cybersecurity

Top investments in Poland:

Ringover (
52)
, Labrys Technologies (
52)
, Oblivious (
41)

SEB Venture Capital, based in Stockholm, invests in fields like fintech, healthcare technology, and green tech. Supporting startups from seed to Series D stages, they have funded companies such as Thought Machine, EnginZyme, Apica, ClimateView, and Lysa. The fund aims to back ventures that drive progress and offer valuable solutions in their industries.

24

Offices:

Dublin

Stockholm (HQ)

Luxembourg

Warsaw

Investment Stage:

Seed, Series A, Series B, Series C, Series D, Unknown

Check Size:

$100k - $250M

Industries:

Climate Tech & Green Tech, Health Tech, Fintech

Top investments in Poland:

Thought Machine (
60)
, Tink (
56)
, EnginZyme (
48)

ff Venture Capital focuses on early-stage investments, typically ranging from $300,000 to $700,000 in pre-seed and seed rounds. Key areas of interest include privacy and security, fintech, payments, sportstech, and communications. Notable portfolio companies include kennek, Salv, ForActive, Tilta, and Cryptiony. Their goal is to support startups during their critical early growth stages.

23

Offices:

Warsaw

Investment Stage:

Pre Seed, Seed

Check Size:

$1M - $20M

Industries:

Fintech, Sportstech, Privacy and Security

Top investments in Poland:

kennek (
48)
, Tilta (
37)
, Salv (
33)

AgriTech Hub is a Warsaw-based venture capital fund investing in agriculture and food companies. The fund focuses on early-stage businesses, particularly those leveraging data and analytics. Investment amounts range from $250,000 to $5 million. Known for backing firms like Agrivi, AgriTech Hub is the first and only venture capital fund of its kind in Poland and Central and Eastern Europe.

21

Offices:

Warsaw (HQ)

Investment Stage:

Series A

Check Size:

$5M - $10M

Industries:

Agritech, Data and Analytics

Top investments in Poland:

Agrivi (
34)

ARIA Fund is a venture capital fund based in Warsaw. It invests in Series A companies, focusing on privacy and security, data, fintech, e-commerce, and health tech. With investments ranging from $1 million to $5 million, ARIA supports the growth of businesses. Notable investments include Inuru, Nethone, and Sundose. Managed by a team with diverse business backgrounds, ARIA Fund aims to support the next wave of industry leaders.

21

Offices:

Warsaw (HQ)

Investment Stage:

Series A

Check Size:

$10M - $20M

Industries:

Health Tech, Fintech, Foodtech

Top investments in Poland:

Inuru (
44)
, Nethone (
28)
, Sundose (
28)

AIP Seed, a venture capital fund in Warsaw, focuses on pre-seed stage startups, writing checks up to $200,000. Specializing in ecommerce and personal finance, with experience in fintech, AIP Seed aims to simplify your first investment round. One of their notable investments is Plenti.

19

Offices:

Warsaw (HQ)

Investment Stage:

Pre Seed

Check Size:

$500k - $1M

Industries:

Fintech, Ecommerce, Personal Finance

Top investments in Poland:

Plenti (
31)

Corvus Ventures is a venture capital fund based in Warsaw, investing in early-stage startups across Poland and Central Eastern Europe. They focus on sectors like sales and marketing, music and audio, and adtech. Notable investments include AdTonos. The fund primarily targets pre-seed stages, providing financial resources to help startups grow. Corvus Ventures seeks promising entrepreneurs with projects poised to succeed in the market.

19

Offices:

Warsaw (HQ)

Investment Stage:

Pre Seed

Check Size:

$500k - $1M

Industries:

Adtech, Music and Audio, Sales and Marketing

Top investments in Poland:

AdTonos (
31)

Pracuj Ventures is a venture capital fund based in Warsaw, investing in early-stage startups focused on human resources and recruitment technology. They provide funding from $500,000 to $2,000,000 to support these startups' growth. Among their investments is PeopleForce. By backing promising HR tech ventures, Pracuj Ventures aids in developing tools and platforms to enhance hiring and recruitment processes.

19

Offices:

Warsaw (HQ)

Investment Stage:

Seed

Check Size:

$2.5M - $5M

Industries:

Hiring and Recruitement

Top investments in Poland:

PeopleForce (
30)

Simpact Ventures, based in Warsaw, is a venture capital fund investing in tech-driven startups with strong business potential and positive social or environmental impacts. They focus on areas like biotech and health tech, typically investing between $1,000,000 and $2,000,000 during the Series A stage. Notably, they have invested in Prosoma.

19

Offices:

Warsaw (HQ)

Investment Stage:

Series A

Check Size:

$5M - $10M

Industries:

Health Tech, Biotech

Top investments in Poland:

Prosoma (
31)

Inovo Venture Partners is a venture capital fund based in Warsaw. They invest $500,000 to $4,000,000 in early-stage and post-traction startups across various industries, including AI and health tech. Inovo supports companies from pre-seed to series B rounds. Notable investments include Fiat Republic and SunRoof. Their mission is to help startups scale and succeed.

18

Offices:

Amsterdam

Luxembourg

Warsaw (HQ)

Investment Stage:

Pre Seed, Seed, Series A, Series B, Unknown

Check Size:

$100k - $50M

Industries:

Climate Tech & Green Tech, Health Tech, Edtech

Top investments in Poland:

Packhelp (
44)
, Fiat Republic (
44)
, SunRoof (
41)

KnowledgeHub is a venture capital fund based in Warsaw, investing in early-stage companies with check sizes ranging from $250k to $1 million. They focus on industries such as manufacturing, energy, climate tech, hardware, ecommerce, foodtech, business intelligence, govtech, agritech, AI, machine learning, data analytics, and health tech. Notable investments include SunRoof, SmokeD, Sundose, and Supersonic Food. Their goal is to support promising startups and help them grow in Poland and Central Eastern Europe.

18

Offices:

Warsaw (HQ)

Investment Stage:

Seed, Unknown

Check Size:

$1M - $5M

Industries:

Climate Tech & Green Tech, Health Tech, Govtech

Top investments in Poland:

SunRoof (
41)
, Sundose (
28)
, SmokeD (
21)

Innovation Nest is a venture capital fund based in Kraków, investing in early-stage European B2B software companies from pre-seed to Series A. Their focus spans various sectors, including tech, health, and finance. They provide financial backing and guidance to startups, helping them grow and succeed. Notable investments include Antavo and Once App.

17

Offices:

Kraków (HQ)

Investment Stage:

Pre Seed, Seed, Series A, Unknown

Check Size:

$100k - $10M

Industries:

Health Tech, Fintech, CPG & Consumer Goods

Top investments in Poland:

Kenjo (
44)
, Antavo (
40)
, Meisterwerk (
37)

Shape VC is a venture capital fund based in Kraków, investing in early-stage companies (seed and pre-seed). They focus on privacy, AI, and business intelligence, but also support industries like sales, marketing, and music tech. Notable investments include AdTonos and Surveily. Their goal is to support businesses with strong research and development elements.

17

Offices:

Kraków (HQ)

Investment Stage:

Pre Seed, Seed

Check Size:

$500k - $1M

Industries:

Govtech, AI, Adtech

Top investments in Poland:

AdTonos (
31)
, Surveily (
15)

Flyer One Ventures is a London-based venture capital fund that focuses on early-stage startups. They invest in pre-seed, seed, and series A stages, with check sizes from $100,000 to $1,000,000. Their portfolio includes companies in health tech, fintech, and gaming, such as IntellectoKids, Wectory, and Fintech Farm. Founded by Central and Eastern European entrepreneurs, the firm is dedicated to helping startups grow and succeed.

16

Offices:

London (HQ)

Kiev

Warsaw

Investment Stage:

Pre Seed, Seed, Series A, Unknown

Check Size:

$100k - $10M

Industries:

Health Tech, Edtech, Fintech

Top investments in Poland:

Fintech Farm (
37)
, Kodland (
37)
, 99math (
33)

SMOK Ventures is a venture capital fund based in Warsaw, investing $100,000 to $1.5 million in early-stage startups. They focus on companies developing productivity tools and support founders in Poland and Central and Eastern Europe (CEE). Notable investments include Finmap. Their goal is to help young companies grow and succeed.

16

Offices:

Warsaw (HQ)

Investment Stage:

Seed

Check Size:

$2.5M - $5M

Industries:

Productivity Tools

Top investments in Poland:

Finmap (
25)

The National Center for Research & Development (NCRD) is a venture capital fund based in Warsaw, focusing on early-stage companies in the manufacturing and hardware sectors. NCRD supports businesses from the seed stage, aiding their growth. An example of their investment is Qna Technology. As a part of a government agency, NCRD adheres to Polish law and regulations, including public finance rules and development programs funded by European financial instruments.

16

Offices:

No data available

Investment Stage:

No data available

Check Size:

$100k - $500k

Industries:

No data available

Top investments in Poland:

No data available

The National Center for Research & Development (NCRD) is a venture capital fund based in Warsaw, focusing on early-stage companies in the manufacturing and hardware sectors. NCRD supports businesses from the seed stage, aiding their growth. An example of their investment is Qna Technology. As a part of a government agency, NCRD adheres to Polish law and regulations, including public finance rules and development programs funded by European financial instruments.

16

Offices:

Warsaw

Warsaw

Investment Stage:

Seed

Check Size:

$5M - $10M

Industries:

Hardware, Manufacturing

Top investments in Poland:

Qna Technology (
25)

Avia Capital is a venture capital fund based in Warsaw. It supports Polish B2B companies in sectors like manufacturing and energy, with investments ranging from $250K to $5M. Notable investments include Elinta Charge and Hadatap. Avia Capital focuses on helping businesses grow to boost the overall market in Poland.

14

Offices:

Warsaw (HQ)

Investment Stage:

Unknown

Check Size:

$100k - $10M

Industries:

Hardware, Mobility & Transportation, Energy & Nuclear

Top investments in Poland:

Elinta Charge (
28)
, Hadatap (
15)

LT Capital is a venture capital fund based in Kraków. The fund invests in early-stage companies, including pre-seed and seed, with checks up to $250,000. Their focus spans AI, health tech, e-commerce, and clean energy sectors. LT Capital aims to support businesses advancing Industry 4.0, with investments such as SunRoof and Talkie.ai.

14

Offices:

Kraków (HQ)

Warsaw

Investment Stage:

Pre Seed, Seed, Unknown

Check Size:

$500k - $5M

Industries:

Climate Tech & Green Tech, Health Tech, Foodtech

Top investments in Poland:

SunRoof (
41)
, Nethansa (
31)
, Apropo (
15)

Movens Capital is a venture capital fund based in Warsaw. They invest in early-stage tech startups in Europe and the US, focusing on sectors like AI, fintech, SaaS, and deep tech. The fund participates in seed and Series A rounds. Movens Capital also offers pricing and revenue management services through Movens Advisory to enhance company profitability. Investments include Sky Engine AI, ForActive, and Nethansa.

14

Offices:

Warsaw (HQ)

Investment Stage:

Pre Seed, Seed, Series A, Unknown

Check Size:

$500k - $30M

Industries:

Climate Tech & Green Tech, Health Tech, Edtech

Top investments in Poland:

Sky Engine AI (
44)
, Woltair (
34)
, Nethansa (
31)

Black Pearls VC is a venture capital fund based in Gdansk that invests in early-stage tech startups, providing financial support ranging from $100,000 to $1,000,000. Their focus areas include privacy, security, AI, and machine learning. Notable investments include HeavyFinance, Insly, and Teamscope.

13

Offices:

Gdansk (HQ)

Investment Stage:

Pre Seed, Seed, Unknown

Check Size:

$500k - $5M

Industries:

Fintech, Govtech, AI

Top investments in Poland:

HeavyFinance (
40)
, Insly (
28)
, Teamscope (
25)

4growth VC is a venture capital firm based in Warsaw, investing in early-stage, seed-stage companies. Their focus spans sectors such as artificial intelligence, machine learning, messaging, productivity tools, CRM, ecommerce, personal finance, fintech, and health tech. Notable investments include Plenti, FindAir, and Talkie.ai. 4growth VC aims to support promising startups in growing and achieving their goals with carefully selected investments.

12

Offices:

Warsaw (HQ)

Investment Stage:

Seed

Check Size:

$1M - $10M

Industries:

Health Tech, Fintech, AI

Top investments in Poland:

Plenti (
31)
, FindAir (
15)
, Talkie.ai (
15)

Invento Capital, based in Katowice, is a venture capital fund investing in early-stage companies, including pre-seed rounds, with investments ranging from $50,000 to $250,000. Focus areas include privacy and security, ecommerce, legal tech, and tech-driven industries like cloud computing, energy, hardware, and navigation. Their portfolio includes Fully-Verified and cthings.co. Invento Capital seeks startups advancing technology, privacy, and efficiency.

12

Offices:

Katowice (HQ)

Investment Stage:

Pre Seed, Unknown

Check Size:

$100k - $1M

Industries:

Hardware, Deep Tech, Legal Tech

Top investments in Poland:

Fully-Verified (
21)
, cthings.co (
18)

Kogito Ventures is a venture capital fund based in Warsaw, focusing on early-stage investments in pre-seed and seed startups. They invest between $500,000 and $4 million in sectors such as data security, AI, and health tech. Their portfolio includes companies like Kogena, Jutro Medical, and Simpl.rent. Kogito Ventures often co-invests with business angels to support the growth of promising startups.

12

Offices:

Warsaw (HQ)

Investment Stage:

Pre Seed, Seed

Check Size:

$500k - $10M

Industries:

Health Tech, Govtech, Foodtech

Top investments in Poland:

Jutro Medical (
28)
, SonarHome (
28)
, Kogena (
18)

ValueTech Seed is a venture capital fund based in Warsaw, investing in early-stage startups focused on advanced technologies in fields like robotics and manufacturing. The fund typically supports companies at the seed stage, including ventures like Kogena. ValueTech Seed aims to foster the development of cutting-edge solutions in specialized industries.

11

Offices:

Warsaw

Investment Stage:

Seed

Check Size:

$2.5M - $5M

Industries:

Robotics, Manufacturing

Top investments in Poland:

Kogena (
18)

Offices:

Kraków (HQ)

Warsaw

Wroclaw

Investment Stage:

Pre Seed, Seed, Unknown

Check Size:

$100k - $2.5M

Industries:

Fintech, Crypto & web3, Govtech

Top investments in Poland:

DoxyChain (
21)
, cthings.co (
18)
, Kogena (
18)

EEC Ventures is a venture capital fund based in Warsaw that invests in early-stage companies, from pre-seed to series B, with check sizes ranging from $1 million to $30 million. They focus on sectors such as energy, real estate, AI, and cybersecurity. Portfolio companies include CashDirector, Sinterit, Grupa Geofusion, Closer, and ICsec. Their mission is to support businesses driving technological advancements across industries.

10

Offices:

Warsaw (HQ)

Investment Stage:

Pre Seed, Seed, Series A, Series B, Unknown

Check Size:

$500k - $5M

Industries:

Fintech, Govtech, Agritech

Top investments in Poland:

CashDirector (
21)
, Grupa Geofusion (
21)
, Sinterit (
21)

FundingBox Deep Tech Fund, based in Warsaw, invests in early-stage companies in sectors such as mobility, transportation, and business intelligence. Their investments range from $0 to $4 million. Notable companies they have supported include Aleet and Certifier. The fund aims to help technology businesses grow through financial support.

9

Offices:

Warsaw (HQ)

Investment Stage:

Seed

Check Size:

$1M - $2.5M

Industries:

Mobility & Transportation, Business Intelligence, Supply Chain & Logistics

Top investments in Poland:

Certifier (
15)
, Aleet (
15)