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.

GrayBella Capital

GrayBella Capital is a pan-European venture capital fund investing in healthcare and complex technology fast growth companies. They invest €2-7M in trenches and welcome other investors on board.

Their goal is to help companies scale internationally while keeping core operations locally in their primary market.

They have a preference for B2B. Their especial focus is on bioinformatics, genomics and other areas where health meets IT. Clinical trials are out of their scope.

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.

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.

Nordic FoodTech VC

Nordic FoodTech invests, as the name implies, in food-related technology. Not brands, not production, but for example new production and packaging technologies.

Focusing more on B2B and B2G. B2C is possible, if the business model is practical to scale.

Open Circle Capital

Open Circle is based in Lithuania and they have partners in Finland and Denmark. Most of their investments are in Lithuania, but they can invest anywhere in the European Economic Area.

Their ideal case is to co-invest or lead a round into a software company. This is the 3/5 year of their investment period and they look forward to making a couple more new investments. They’re stake size agnostic.

Their usual minimum ticket is 100ke. In exceptional cases they have done 50ke, and in very exceptional cases can consider even smaller tickets.

They prefer applying startups to contact the partner whose experience best matches their area.

Norrsken VC

Impact fund. Focuses on continental Nordics: Finland, Sweden, Norway, Denmark, with some emphasis also on Baltics. Prefers co-investing outside Sweden, but has also led rounds outside their home market.

Invests €0.5-1M on early stage companies. They exceptionally invest up to €2M initial tickets on later stage companies. Looking for a 5-10x return.