DYNAX Invest

DYNAX Invest is a angel syndicate from Bulgaria that focuses on supporting selected startups through investments, fundraising the rest of the funding round and advisory. They focus on European startups, and have done especially many investments in the CEE region.

They are industry-agnostic. Having a tech element is a plus, but not mandatory. They have a strong preference for startups with traction, either revenue or otherwise. In expectional cases, for example a deep tech startup, could be interesting also before traction.

Their team has extensive experience with M&A and investment banking, including fundraising.

They can help find a lead investor, but are not leading rounds themselves. They normally don’t seek a board seat.

Curiosity VC

Curiosity VC invests into AI/ML companies in the Nordics, Baltics and Benelux countries.

They are a community-driven fund, sharing a part of the carry with the companies they invest in.

They prefer companies to seek a runway of at least 18 months.

They have a group of LPs co-investing with them during follow-on investment rounds.

* AI = Artificial intelligence
* ML = Machine learning
* Carry = Carried interest = The profits a fund generates at the end of its cycle
* LP = Limited partner (investor in a fund)