The Polish startup ecosystem has rapidly grown into a vibrant innovation hub, housing more than 3,000 startups and over 130 venture capital firms. This dynamic ecosystem provides enormous opportunities for entrepreneurs in raising funds and growing their businesses. To simplify your search, we've compiled a comprehensive list of venture capital investors and curated the top 10 firms in Poland to guide your investment journey. Explore more about these opportunities here.
Here's a table that summarizes the overall VC data for a quick overview:
| VC Firm | Ticket Size | Stages | Founding Year |
|---|---|---|---|
| AltaIR Capital | $100,000 to $5 million | Seed and early-stage | 2010 |
| Market One Capital | €0.5 million to €2 million | Seed, Series A | 2017 |
| SMOK Ventures | $100,000 to $1 million | Pre-seed, Seed | 2019 |
| bValue Venture Capital | €0.25 million to €1 million | Seed, Series A | 2016 |
| SpeedUp Venture Capital Group | €0.1 million to €1 million | Seed, Early Growth | 2009 |
| MCI Capital | €30 million to €100 million | Growth, Buyout | 1999 |
| Experior Venture Fund | €0.5 million to €3 million | Seed, Series A | 2013 |
| Sunfish Partners | €0.5 million to €1 million | Seed | 2019 |
| Movens Capital | €0.25 million to €1 million | Seed, Series A | 2018 |
| Almaz Capital | $2 million to $10 million | Series A, Series B | 2008 |
1. AltaIR Capital
AltaIR Capital is a venture capital fund investing globally in early to growth-stage startups with disruptive ideas. With $600M under management, their investment focus spans AI, SaaS, FinTech, InsurTech, Digital Health, and Productivity Tools. They support driven teams with scalable business models and impressive product vision, AltaIR Capital looks for game-changing innovation with high return prospects, from idea stage to successful exits.
- Website: altair.vc
- Founding Year: 2010
- Investment Range: $100,000 to $5 million
- Stage: Seed and early stages
- Sector: Software, SaaS, information technology
- Geography: Global
- Notable Investments: Miro, PandaDoc, Turing, Scentbird, Guesty
- Submit Pitch/ Contact: Link
2. Market One Capital
Market One Capital is a Pan-European VC fund. They invest in early-stage startups building platforms, vertical SaaS, and technology driving network effects. Having founded and scaled three online platforms themselves, the team has invested in more than 60 companies, including Docplanner, Brainly, and Tier Mobility. Focused on pre-seed and seed stages, they back visionary founders shaping a connected, innovative future across Europe.
- Website: https://moc.vc/
- Founding Year: 2017
- Investment Range: €0.5 million to €2 million
- Stage: Seed, Series A
- Sector: Marketplaces, SaaS, B2B software
- Geography: Europe
- Notable Investments: Docplanner, Brainly, Packhelp, Tylko, Genially
- Submit Pitch/ Contact: Link
3. SMOK Ventures
SMOK Ventures is a Polish-American VC fund investing in early-stage software startups from Central & Eastern Europe and the diaspora. They focus on gamedev, AI, and software development tools, working with founders who want to build a global business. As ex-founders themselves, they know how much it means for someone to support a team transparently. They invest between $100k-$1M in startups with extraordinary leadership and deep industry expertise.
- Website: https://smok.vc/
- Founding Year: 2019
- Investment Range: $100,000 to $1 million
- Stage: Pre-seed, Seed
- Sector: Software, gaming, fintech
- Geography: Central and Eastern Europe
- Notable Investments: Vue Storefront, Ramp, Infermedica, Sundose, Zowie
- Submit Pitch/ Contact: Link
4. bValue Venture Capital
bValue Fund is a tech-focused VC that invests in startups and growth-stage companies from Central and Eastern Europe. The company invests €100k-€1M in seed funding for early founders and up to €5M-€15M in growth-stage investments. Standing out with its founder-first attitude, bValue fuels business with strategic advice and connections of its extensive expert network to make companies like Tidio, Spin.ai, or Senuto scale globally and lead their market categories.
- Website: https://bvalue.vc/
- Founding Year: 2016
- Investment Range: €0.25 million to €1 million
- Stage: Seed, Series A
- Sector: B2B software, marketplaces, fintech
- Geography: Poland
- Notable Investments: CallPage, Shoplo, Packhelp, Tidio, Sundose
- Submit Pitch/ Contact: Link
5. SpeedUp Venture Capital Group
SpeedUp Group is a VC firm that invests in early-stage startups (from Seed to Series A) all over Europe, with a key focus on Central and Eastern Europe. They invest from €50k to €4M in innovators who are creating the new future of fintech, martech, IoT, medtech, and more. They are passionate about AI, machine learning, and IoT. SpeedUp Group partners with founders looking to make globally impactful solutions and transform industries through leading innovation.
- Website: https://speedupgroup.com/
- Founding Year: 2009
- Investment Range: €0.1 million to €1 million
- Stage: Seed, Early Growth
- Sector: Consumer internet, electromobility, energy, fintech, martech, medtech, IoT, hardware
- Geography: Central and Eastern Europe
- Notable Investments: Booksy, StethoMe, Telemedi.co, Tylko, Zmorph
- Submit Pitch/ Contact: Link
6. MCI Capital
MCI Capital is a leading Private Equity Fund focused on Digital Transformation in Central and Eastern Europe. It invests in digital economy companies, e-commerce, fin-tech, SaaS, cloud gaming, and green technologies with tickets of €25-100M. With more than 100 investments and €1B in successful exits, MCI partners with top entrepreneurs and managers to build European and global champions, delivering a strong track record of 28% IRR and a CoC efficiency of 2.6x.
- Website: https://mci.pl/en
- Founding Year: 1999
- Investment Range: €30 million to €100 million
- Stage: Growth, Buyout
- Sector: Digital economy, e-commerce, fintech, SaaS
- Geography: Europe, with a focus on Central and Eastern Europe
- Notable Investments: iZettle, Netrisk, Answear, Morele.net, Pigu.lt
- Submit Pitch/ Contact: Link
7. Experior Venture Fund
Experior Venture Fund is a VC firm that invests in innovative, fast-growing companies at the stage of growth and expansion. With a particular focus on software and tech-enabled businesses, it invests between €50k-€4M to help startups scale globally. Along with capital, EVF also offers strategic support in market expansion, product launches, and partnerships. They side with motivated founders in unlocking the full potential of their company.
- Website: http://evf.com.pl/en/
- Founding Year: 2013
- Investment Range: €0.5 million to €3 million
- Stage: Seed, Series A
- Sector: Software, tech-enabled businesses
- Geography: Poland
- Notable Investments: Tourmedica, iTaxi, Inex System, Perfect Dashboard, DrOmnibus
- Submit Pitch/ Contact: Link
8. Sunfish Partners
Sunfish Partners is an early-stage VC Firm that invests in deep tech startups from Central and Eastern Europe. They prioritize B2B software and hardware solutions at the pre-seed and seed stages with initial cheques of € 250k-€ 500k. The firm support ambitious founders, helping Sunfish turn groundbreaking ideas into global ventures to drive innovation across health, automation, cybersecurity, space, and beyond.
- Website: https://www.sunfish-partners.com/
- Founding Year: 2019
- Investment Range: €0.5 million to €1 million
- Stage: Seed
- Sector: Deep tech, B2B software
- Geography: Poland
- Notable Investments: Nomagic, Molecule.one, Neptune.ai, Deepflare, Alphamoon
- Submit Pitch/ Contact: Link
9. Movens Capital
Movens Capital is a VC firm that mainly invests in tech startups from Poland and Central Eastern Europe. They also help them scale to US and European markets. They prioritize seed and Series A rounds with a focus on AI, fintech, SaaS, marketplaces, and deep tech. Movens operates a growth equity fund, investing €2–6M in SMEs within the digital and consumer sectors. Beyond capital, they provide strategic support to drive growth and profitability via Movens Advisory and Movens Academy.
- Website: https://movenscapital.com/
- Founding Year: 2018
- Investment Range: €0.25 million to €1 million
- Stage: Seed, Series A
- Sector: Fintech, martech, e-commerce, logistics, medtech
- Geography: Central and Eastern Europe
- Notable Investments: Autenti, Telemedico, Zowie, Symmetrical.ai, Talkie.ai
- Submit Pitch/ Contact: Link
10. Almaz Capital
Almaz Capital is an early-stage VC firm, which invests in technology startups from Central and Eastern Europe, targeting global markets. Having a bridge between Berlin and Silicon Valley, it funds and supports founders strategically in scaling their businesses internationally. Supported by the EIF and EBRD, Almaz Capital focuses on deep tech and supports ambitious entrepreneurs in creating impactful solutions and driving innovation worldwide.
- Website: https://almazcapital.com/
- Founding Year: 2008
- Investment Range: $2 million to $10 million
- Stage: Series A, Series B
- Sector: Software, IT, deep tech
- Geography: Central and Eastern Europe, including Poland
- Notable Investments: Mobalytics, Hover, Nomagic, 3DLOOK, Acronis
- Submit Pitch/ Contact: Link
FAQ (Frequently Asked Questions)
- Is VC high risk?
Venture capital is a type of investment that can be risky but has the potential for high returns. However, there is no guarantee of success. Investing in startups is always uncertain, and you might lose your money. Even though VC firms try to minimize risks, investing in startups is always uncertain, and you might lose your money. - What is the best country in Europe to set up a VC fund?
Luxembourg is ideal for setting up a VC fund in Europe due to its investor-friendly regulations, diverse investment vehicles, and a strong financial sector that supports local and foreign investors. The country's tax efficiency and stability further make it a preferred choice. - Which European cities have the most VC investments?
The top cities for VC investments in Europe are London, Paris, Berlin, Amsterdam, and Stockholm. London leads with $22.67B in 2023, followed by Paris and Berlin. These cities are known for strong startup ecosystems and significant funding opportunities. - What is the minimum amount for a VC fund?
Venture capital funds usually ask for a minimum investment of $250,000 to $500,000, and sometimes even more. Investing a small amount of money can still cost a lot. These funds are usually only open to wealthy people and big organizations that have a lot of money. - How do I choose a VC fund?
To choose a VC fund, check how much experience and success the venture capital firm has had before. Look at the companies they’ve invested in before to see if they match what your business does. This can help you figure out if they’re a good match for you.
Best of luck with your amazing ventures.
Please note that this list is filtered by various metrics, and all the data are collected through various third-party websites, mostly the VC website. Since data such as ticket size or industry may change, you are requested to visit the official website given in the blog for the latest and updated information.