Black Pearls VC

Black Pearls VC is an early-stage venture capital firm based in Gdansk, Poland, founded in 2008. The firm specializes in investing in technology startups across Europe, with a particular focus on the Baltic Sea Region. Black Pearls VC adopts a sector-agnostic approach while emphasizing B2B investments and has a successful track record in areas such as digital health, enterprise software, fintech, deep tech, and the future of work. As one of the first investors in the companies it backs, Black Pearls VC aims to assist founders in scaling their businesses and achieving global reach. The firm is notable for being the first Polish venture capital fund to join the Kauffman Fellows, a prestigious global network of leading venture capitalists.

Aleksander Dobrzyniecki

Partner

Hubert Szczolek

CFO

Past deals in Cental and Eastern Europe

Simpl.rent

Seed Round in 2022
Simpl.rent is a Polish-British startup that offers a digital platform designed to enhance security and trust in the residential rental market. The company focuses on creating a safer rental environment for both landlords and tenants by providing tools that facilitate informed decision-making at every stage of the rental process. Through its innovative approach, Simpl.rent aims to improve standards within the market, ensuring that all parties involved can navigate rental agreements with greater confidence and ease.

Deor

Pre Seed Round in 2021
Best-in-class marketplace for pet lovers and animal specialists.

Certifier

Pre Seed Round in 2021
Certifier is a developer of a digital certification platform that facilitates the issuance, storage, and management of digital credentials. The platform offers a comprehensive suite of tools, including a certificate builder, customizable templates, email integration, security features, and analytics. By streamlining the design, creation, and distribution of certificates, Certifier enhances the efficiency of the credentialing process, allowing organizations to eliminate the reliance on printed documents. This modern approach to certification supports various clients in managing their credentialing needs effectively and securely.

HeavyFinance

Pre Seed Round in 2021
HeavyFinance sets a mission to remove 1 gigaton of CO2 emissions by 2050. Our fintech solutions combined with the carbon credit program help farmers store CO2 in the soil. Connecting farmers with investors, we facilitate the adoption of sustainable soil management practices like no-till farming. As a marketplace for impact investing, HeavyFinance is open to all types of investors from retail investors to family offices, to corporations, to institutional investors.

Fluentbe

Seed Round in 2021
Fluentbe is an online language school. Classes are held in small groups or 1-on-1 but always with a live professional teacher. They create unique value by combining both the advantages of a traditional school with the latest tech advancements. Classes are conducted live by carefully selected teachers in virtual classrooms. Students participate individually or in small groups. They can hear and see each other and the teacher in HD quality.

Nordigen

Seed Round in 2021
Nordigen is a company that offers a free open banking API, facilitating PSD2 data connections to major European banks. Its platform focuses on transaction analytics, allowing banks to enhance their decision-making processes regarding credit scores. By leveraging big data and artificial intelligence, Nordigen assesses the risk profiles of loan applicants, helping credit businesses categorize customer banking transactions more effectively. This approach aims to streamline and improve the efficiency of credit assessments.

Teamscope

Convertible Note in 2020
Great things in business are never done by one person, but by high-performing teams. Teamscope was founded by leading executive search professionals, data scientists, and tech entrepreneurs to help managers make better hiring decisions and build more engaged, high-performing teams. The teamscope platform combines big data analytics with scientific testing to analyze teams and help team leaders make better hiring decisions. Our unique algorithm analyzes the values, personality characteristics, and core competencies of team members to first profile the existing team. Based on that, the platform recommends what characteristics to look for in a candidate and evaluates how well each candidate fits in with the role and the team. The platform then generates a detailed behavioral profile and interview guide for each candidate to help the hiring manager choose the best person for the team.

Insly

Seed Round in 2019
Insly is cloud-based insurance software for insurance brokers and agents to replace papers and spreadsheets. Its goal is to make insurance easy to understand, manage, and buy for both service providers and end users. Insly is a spin-off from IIZI Group – most successful insurance broker group in CEE region starting from 2000. Their core team consists of the founders and key employees of IIZI Group, who contributed to revolutionising the insurance business with their innovative and business focused IT solutions. Insly was launched in 2000 in London, United Kingdom.

MNM Bioscience

Seed Round in 2019
MNM is a scientific start-up created by an interdisciplinary group of enthusiasts. We are a multi-specialist team of experts from geneticists, to molecular biologists, bioinformaticians and AI specialists. We combine next-generation AI with the most advanced genomic approaches (whole genome and multiomics data) to save the lives of cancer patients through predictive modeling and drug target identification.

Nomi Biotech

Seed Round in 2019
Nomi Biotech Corporation is a Polish-Japanese biotech company dedicated to developing science-based nutraceuticals. The company specializes in creating innovative formulations aimed at improving health and well-being. Nomi Biotech is known for its proprietary anti-hangover solution, alcorythm, which addresses the negative effects of alcohol consumption. Additionally, the company has developed a novel, stable, and highly bioavailable formulation of curcumin, suitable for various applications in food, beverages, nutraceuticals, and pharmaceuticals. By combining the nutritional benefits of these formulations with characteristics reminiscent of pharmaceuticals, Nomi Biotech aims to support individuals in maintaining healthier lifestyles.

Nanoxo

Seed Round in 2019
Nanoxo is a chemical company with an experience in designing and manufacturing of various functional materials with broad potential applications. It is represented by a research team highly skilled in chemical research and development. The goal of the company is to use scientific expertise in order to rationally design, analyze and finally provide solutions and products for various industries and applications. The current key technology of Nanoxo is a synthesis of heavy metals-free quantum dots based on zinc oxide, zinc peroxide nanoparticles, perovskites and perovskite quantum dots

Teamscope

Seed Round in 2019
Great things in business are never done by one person, but by high-performing teams. Teamscope was founded by leading executive search professionals, data scientists, and tech entrepreneurs to help managers make better hiring decisions and build more engaged, high-performing teams. The teamscope platform combines big data analytics with scientific testing to analyze teams and help team leaders make better hiring decisions. Our unique algorithm analyzes the values, personality characteristics, and core competencies of team members to first profile the existing team. Based on that, the platform recommends what characteristics to look for in a candidate and evaluates how well each candidate fits in with the role and the team. The platform then generates a detailed behavioral profile and interview guide for each candidate to help the hiring manager choose the best person for the team.

Xopero

Seed Round in 2019
Xopero began in 2009, founded as a company serving primarily SMB users. The company’s goal was to create more accessible and affordable secure data protection solution for any businesses. In 2015, Xopero started cooperation with QNAP Inc. – one of the key global NAS providers. This addition expanded our portfolio to include a true backup appliance, In 2017, Xopero fully extended into global market thanks to cooperation with ESET. The company took the place previously occupied by StorageCraft in the ESET Technological Alliance.

Prosoma

Pre Seed Round in 2019
Prosoma is a leading innovator in digital therapeutics, focusing on oncology. The company develops a clinically validated mobile application designed to support cancer patients in managing their behavioral and mental health needs. By integrating advancements in artificial intelligence and mobile technology, Prosoma offers tailored solutions that enhance the quality of life for patients, improve treatment effectiveness, and provide valuable data for healthcare providers and pharmaceutical companies. The application aims to empower patients through self-care, helping them navigate the challenges of their conditions and fostering healthy habits throughout their recovery process. Overall, Prosoma is dedicated to transforming healthcare delivery by making innovative solutions accessible to patients and providers alike.

eAgronom

Seed Round in 2018
“We believe that real change will only happen if economical interests support ecological interests. Climate is warming, soils are weakening and species richness is declining /../ We believe that creating the synergy between economic and society’s interests will accelerate the adoption of regenerative practices rapidly. This is why we exist.“ - Robin Saluoks, Founder of eAgronom eAgronom ambition is to become the most trusted agricultural carbon credit provider in Europe. We have 1,500 paying farmers on our farm monitoring and AI consulting platform, allowing eAgronom to guide farmers toward carbon-capturing practices and provide transparency for carbon credit buyers. Raising Series A in spring 2021. Set up the meeting with the founder here - https://calendly.com/soilevolution/45min-call

Insly

Seed Round in 2018
Insly is cloud-based insurance software for insurance brokers and agents to replace papers and spreadsheets. Its goal is to make insurance easy to understand, manage, and buy for both service providers and end users. Insly is a spin-off from IIZI Group – most successful insurance broker group in CEE region starting from 2000. Their core team consists of the founders and key employees of IIZI Group, who contributed to revolutionising the insurance business with their innovative and business focused IT solutions. Insly was launched in 2000 in London, United Kingdom.

iGrid

Seed Round in 2018
iGrid specializes in Industrial Internet of Things (IIoT) solutions tailored for energy distributors, industrial energy consumers, and photovoltaic systems. Utilizing proprietary wireless sensor technology and a distributed computing architecture known as fog computing, iGrid enables power grid operators and photovoltaic installation owners to access precise and timely information about the condition of transmission infrastructure and the efficiency of energy generation. The company's focus on innovation and professional services ensures that it meets the needs of demanding IT initiatives in the energy sector.

Autenti

Seed Round in 2017
Autenti is a platform for document authorization and contracting via the Internet. It facilitates the signing of many papers and accelerates the working mode in companies.

Quantum CX

Seed Round in 2017
Quantum CX created a system that motivates smiling to enhance customer service quality. By detecting smiles and incentivizing behavior, sales and customer satisfactions grew, and employees felt better about themselves. Sensors automatically detect and count smiles. The employee is givens points whenever they smile during a customer interaction or when a customer smiles back. Employees exchange points from their own smiles for prizes and customer's smiles for charity donations. Thanks to that everyone has a good reason to smile. Observation effects makes employees try harder so their overall service excellent results get better. Additionally, the atmosphere at work becomes nicer and customers are more satisfied with the service.

HTML5 Meeting

Seed Round in 2016
RTCLab Team has created HTML5 Meeting – a browser based audio-video platform utilizing WebRTC technology. The platform enables users to meet face-to-face from any location and provides a wide range of real time communication tools: live audio and video communication, invitations, desktop and screen sharing, Live Chat as well as additional features including the option to Claim and lock the meeting, room customization and social media integrations.

Solwit eko

Seed Round in 2016
Solwit SA develops and tests IT solutions and provides software-related services for clients in various industries.

Quantum CX

Seed Round in 2015
Quantum CX created a system that motivates smiling to enhance customer service quality. By detecting smiles and incentivizing behavior, sales and customer satisfactions grew, and employees felt better about themselves. Sensors automatically detect and count smiles. The employee is givens points whenever they smile during a customer interaction or when a customer smiles back. Employees exchange points from their own smiles for prizes and customer's smiles for charity donations. Thanks to that everyone has a good reason to smile. Observation effects makes employees try harder so their overall service excellent results get better. Additionally, the atmosphere at work becomes nicer and customers are more satisfied with the service.

Inpharmica

Seed Round in 2015
The company has been involved in a project aimed at performing phase III of clinical studies on an increased number of patients, including the monitoring of undesired effects and development of documentation to register a new complex pain killer patented in the USA.

Parkanizer

Seed Round in 2015
Intelligent management of parking spaces in urban agglomerations and public facilities. The system assists drivers in finding free parking spaces saving time, reducing infrastructure costs, as well as improving the capacity and effectiveness of parking lots. The universal nature of Parkanizer facilitates the use of the solution in ‘smart cities’ areas which will be translated into improvements in urban traffic and reduced environmental pollution in city centres. Parkanizer is being developed in cooperation with a team of scientists from the Wrocław University of Technology.

RebelEco

Seed Round in 2015
The company has been involved in a project to develop technology used to implement innovative and economic solutions in the sphere of modular social construction. The project relies on building production technology and development of new materials to generate buildings characterised with low maintenance costs and high energy savings. The solution has been developed by well known architects from the Tricity area– the Droszcz family. The project is a response to the growing demand in the European market for buildings that would be fast to assemble, prefabricated, of high quality, low maintenance costs, with a number of facilities for elderly or handicapped people.

Piktorex

Seed Round in 2015
Piktorex is focused on addressing the issue of incorrect medication dosing, a significant factor that contributes to complications and rising treatment costs for patients. The company develops medical pictograms in the form of stickers that provide clear information about correct dosages and other essential details. By enhancing patient understanding of their treatment plans, Piktorex enables healthcare providers to ensure that patients comply with their prescribed regimens more effectively.

VoiceLab

Seed Round in 2015
VoiceLab is a technology firm from Gdańsk, working on automatic speech recognition (ASR) and natural language understanding (NLU). Our team of high-class specialists is working on improving automatic speech recognition in many languages using large amounts of acoustic and text data. With the use of deep neural networks, a very large dataset consisting of several thousand hours of hand-labelled data, a number of powerful servers (over 70 GPU cards, HPC), we are building large acoustic models, language models, and dictionaries in many languages. Our main goal is to ​​constantly improve the quality of recognition. Using our technologies we have created a number of interesting products, mainly in the SaaS model, for automatic speech recognition (smartphone/desktop apps), process automation, Conversational Intelligence, voicebots, and even offline solutions for smart homes - wherever there is a need for speech recognition and language understanding our technology can be applied and used. VoiceLab solutions are used by thousands of people.

Pinmaster

Seed Round in 2015
Pinmaster is a developer of an advanced automatic access control system designed for effective access management. The system features digital locks and a service platform that automates the distribution of PIN codes via SMS, adhering to user-defined access rules. This innovative solution not only simplifies access management but also enhances convenience for users, allowing them to rent properties without complications. By integrating various amenities, Pinmaster aims to streamline the process of securing and managing access, making it easier for property owners and users alike.

Funiversity

Seed Round in 2015
Funiversity is a company that provides innovative research products and interactive workshops designed for preschool and school-aged children. Its offerings aim to help children explore and understand various subjects, including physics, astronomy, chemistry, biology, and archaeology. By creating engaging and interesting learning experiences, Funiversity encourages children to pursue their own knowledge and develop a deeper understanding of themselves and the world around them.

Rebel Module

Seed Round in 2015
Rebel Module Global is a production company, focused on designing and prefabrication of energy-saving module homes, based on advanced knowledge of innovative engineering, world-class designs and latest trends. It is a family business based on trust, with a team of qualified and experienced engineers, experts and advisors from all over the world. The company was founded by a pair of architects - Krzysztof and Magdalena Droszcz, who have a passion for designing functional and eco-friendly spaces. The REBEL Group features the Rebel Module Eco production plant, Rebel Module Global and Rebel Concept Krzysztof Droszcz Architectural Office. This structure allows for complex execution of passive and energy-saving buildings. The company is owned by Krzysztof and Magdalena Droszcz.

Finebite (Everytap)

Seed Round in 2014
Finebite (formerly known as Everytap) is among the TOP3 apps for restaurant goers in Poland. It paves the way for surge pricing and ticketing trends in the industry.

Blue Dot Solutions

Seed Round in 2014
Blue Dot Solutions aims to develop the space sector in Poland and Central Europe. They are the first Polish consulting-information company to work in this branch of the industry. Blue Dot Solutions creates applications which utilise satellite data. The company also helps entities from other industries to enter the space sector. Their interdisciplinary team has a broad knowledge of the developments in the industry thanks to their presence in many local and international space events.

ProEnerga

Seed Round in 2013
ProEnerga is engaged in research and development projects focused on electric power, with an emphasis on creating innovative solutions for the global market. The company utilizes modern research and measurement devices to facilitate knowledge transfer and address current market needs. ProEnerga offers energy installation services that concentrate on renewable energy, including the calibration of current, voltage, and combined transformers. Additionally, the company provides a mobile measuring laboratory that supports leading firms in the energy sector, enabling them to access essential energy services. The project team comprises a diverse range of specialists and industry experts, while the management has extensive experience in the international implementation of technological projects in Poland and abroad.
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