Katalista Ventures

Hybrid accelerator / fund. Looking at triple top line benefit: people, planet, profit.

Prefer B2B and software. Others are possible in especially strong cases.

Active investor. Putting time into each company. Comfortable with minority stakes. Prefer to co-invest.

 

bValue

Focus on B2B, especially light-touch sales model SaaS for SMEs. B2C, B2B to large enterprises and B2G are also possible in strong cases.

Geographically focus is on CEE, but elsewhere in EU is also possible. Non-EU companies are investable if they establish an office in EU.

Focus on software and valuations below €20M, but occasionally invests in hardware, or especially strong cases with higher valuations.

Active investor. Normally doesn’t take a board seat.

Presto Ventures

Presto Ventures is a Czech family office. They prefer B2B companies, but can also invest in B2C with good unit economics.

Family office of Skoda transportation company’s ex-owner. Heavy machinery is a special expertise area. Fund preference is for not too capital-intensive companies.

Nordic XR Startups

Nordic XR Startups invests into startups with a strong connection to XR (VR/AR/MR) and are from Nordics, Baltics or Eastern Europe.

They invest mainly into companies where they can offer significant added value with their international mentor and investor network.

They are open for startups’ applications at any time. They organize batches but are open for discussions and investments on other times as well.

They often join the board as observers.

 

Earth Capital

Doing sustainability and impact investing: mobility, food and agriculture, energy (renewable, efficiency, storage), water, waste etc. Looking for indications of repeat demand.

Looking for defensible market positions. Technology is not necessary, if the position of the company is otherwise strategically defensible.

Investing globally with a focus on Europe. Also investing actively in Africa and Asia.

Focus on B2B across all their funds.

Prefer to lead or co-invest. Prefer to take a board seat.

70 Ventures

Looking for founders who can sell or have extensive industry experience, or ideally both.

They have especial focus on helping startups establish and grow their sales teams. Startups need to have or establish some connection with Lithuania, which they help you do.

Sales should be focused on outbound, and annual contract value per customer should aim to be at least €2k. B2B is ideal but other client types may be suitable as well. Preference on software and marketplaces.

Fidiasz EVC

Interested in hardware and deep tech software. Solutions should be hard for competitors to copy, and if they are, it’s not a must that they’re technological. They prefer companies having customer validation and preferably revenue, but in exceptional cases can invest in a proof-of-concept stage as well.

Companies can be based anywhere, but have to have some operations in Eastern Europe, for example considering Poland as an important target market.

In most cases they only co-invest or lead invest. For startups related to construction industry and chemicals, a CVC investment is possible.

GFR Fund

Focusing on digital entertainment (esports, gaming) and consumer tech. Social media, fitness etc. work well. No hardware. Interested especially in infrastructure and new genres of games and other formats.

In business models main focus is on B2C, can do also B2B or B2B2C.

Geographically North America, Europe and Southeast Asia are their main focus areas.

 

Sparkmind

Sparkmind.vc is the first Nordic venture capital company focused on the learning sector. They invest in teams transforming early childhood, K12, higher, secondary and vocational education as well as corporate and lifelong learning. Their geographical home field is Europe, especially North Europe, but they also selectively do investments outside the region.

They often join the boards of their portfolio companies.

Katapult Food

Katapult Food has an acceleration program where they invest $150k and bring companies onsite to London for 3 months.

They invest only in modern food/agritech, for instance not on cases that are purely mechanical engineering or food production, brands and other linear scale business models. They look for companies who have reached a valuation of over €1.5M.

They’re preparing to open a series A instrument by the end of 2020.

Their tickets are $150k and maximum allocation with a follow-on from the upcoming fund is $1M, both in US dollars.