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 deep tech and enterprise software, focusing on companies in Northern and Central Europe. With a commitment to supporting ambitious entrepreneurs, Black Pearls VC aims to help these companies scale and achieve global reach. The firm has invested in over 30 companies across Poland and the Baltic Sea region. In addition to being a member of Invest Europe, Black Pearls VC participates in the Kauffman Fellows Program, which further enhances its network and expertise in the venture capital landscape. The firm manages multiple funds, including the Black Pearls Seed Fund, which targets investments in the information technology and TMT sectors across various countries in the region.

Aleksander Dobrzyniecki

Partner

Hubert Szczolek

CFO

Past deals in Poland

Simpl Rent

Seed Round in 2022
Simpl.rent is a Polish-British startup that provides a digital platform that increases security and trust in the residential rental market.

Deor

Pre Seed Round in 2021
Deor operates an online marketplace designed for pet lovers and animal specialists. The platform connects pet owners with a variety of services, including veterinary care, pet grooming, training, and adoption. Additionally, it facilitates interactions among professionals such as veterinarians, animal behaviorists, horse riding instructors, and trainers, allowing them to share knowledge and discuss best practices. By providing a comprehensive range of pet products and services, Deor aims to enhance the experience of pet ownership and care.

Certifier

Pre Seed Round in 2021
Our digital credentials infrastructure has everything you need to generate certificates. A certificate builder, templates, emails, security, and analytics.

Fluentbe

Seed Round in 2021
Fluentbe Sp. z o.o. operates as an online English language school. The company offers courses, including general English; intensive general English; and preparation for FCE, CAE, CPE and TOEFL exams with beginner, elementary, intermediate, advanced, and master proficiency levels. Its classes take place online, using video chat, and in small groups which enables users to learn anywhere in the world with the online study material. The company was founded in 2015 and is based in Warsaw, Poland.

Insly

Seed Round in 2019
Insly Limited is a provider of cloud-based insurance software tailored for brokers and agents, aimed at simplifying the management of insurance processes. Founded as a spin-off from IIZI Group, a leading insurance broker in Central and Eastern Europe, Insly offers a comprehensive suite of tools including client and policy management, sales workflow, accounting, and billing solutions. The software facilitates easy customization, online storage, and provides essential support for managing renewals, documents, and claims processing. Insly's mission is to enhance the understanding and accessibility of insurance for both service providers and end users. Established in 2014, the company is headquartered in London, with additional offices in Tallinn, Riga, Warsaw, and San Francisco, reflecting its commitment to serving a diverse range of clients in the insurance sector.

MNM Bioscience

Seed Round in 2019
MNM Bioscience Inc. specializes in genome analysis aimed at detecting genetic disorders and providing insights for personalized therapies. The company has developed a genome analyzing tool that identifies mutations in DNA through advanced DNA sequencing technology and algorithms combined with cell biology. By leveraging expertise in DNA chemistry, cell biology, artificial intelligence, and machine learning, MNM Bioscience offers innovative solutions for understanding genetic backgrounds and fighting diseases. In addition to its core products, the company provides bioinformatics consulting services to business, public, legal, and clinical partners. Founded in 2018 and based in Poznan, Poland, MNM Bioscience is dedicated to advancing personalized medicine through its interdisciplinary approach.

Nomi Biotech

Seed Round in 2019
Nomi Biotech Corporation is a dynamic Polish - Japanese biotech company focused on a development of science based nutraceuticals. We are the owners and producers of a propriety (patent-pending) anti-hangover solution - the alcorythm® - (https://alcorythm.co/en). We are the inventors and owners of a propriety (patent-pending) novel, stable and highly bioavailable formulation of curcumin for food, beverage, nutraceutical and pharmaceutical applications.

Nanoxo

Seed Round in 2019
Nanoxo is a chemical company specializing in the design and manufacture of functional materials, particularly focusing on non-toxic zinc oxide quantum dots. The company is backed by a skilled research team dedicated to chemical research and development. Nanoxo's primary technology involves the synthesis of heavy metal-free quantum dots, which are unique nanoparticles known for their exceptional characteristics compared to existing market products. These stable, passivated, and monodispersible zinc oxide-based nanoparticles can be customized with various chemical couplings, allowing clients to adapt them for diverse applications across multiple industries. Nanoxo aims to leverage its scientific expertise to provide innovative solutions that meet the specific needs of its customers.

Xopero

Seed Round in 2019
Xopero Software S.A. is a Polish company founded in 2009 that specializes in data protection solutions to safeguard against data loss, ransomware, and hardware failure. The company offers a variety of products, including Xopero Cloud for cloud backup, Xopero Backup&Restore for comprehensive backup and data recovery across various IT environments, and the Xopero QNAP appliance designed for business continuity for small and medium-sized enterprises. Their suite of services encompasses workstation protection, mobile backup, server protection, and database backup, as well as advanced recovery solutions such as Smart Recovery and Smart Migration. Additionally, Xopero provides management tools like a central management console and backup optimization. Since 2015, the company has collaborated with QNAP Inc. to enhance its offerings, and it has expanded its global presence through partnerships with other technology providers.

Prosoma

Pre Seed Round in 2019
Prosoma Sp. z o.o. is a company based in Wroclaw, Poland, with an additional office in London, United Kingdom. Founded in 2018, Prosoma develops virtual reality (VR) therapeutics software aimed at supporting cancer patients undergoing pharmacological treatment and chemotherapy. The company addresses a critical lack of access to psychological care for these patients, who often face unique challenges that differ from those of other psychological patients. By leveraging modern technology, Prosoma's VR platform provides a means for patients to access therapeutic support from home or in clinical settings, thereby overcoming barriers related to therapist availability and patient well-being. The software is designed to help patients manage stress, cope with the burdens of cancer, and improve their overall quality of life. Through its clinically validated mobile application, Prosoma aims to enhance behavioral and mental health outcomes for cancer patients, ultimately contributing to more effective treatment and generating savings for healthcare systems.

Insly

Seed Round in 2018
Insly Limited is a provider of cloud-based insurance software tailored for brokers and agents, aimed at simplifying the management of insurance processes. Founded as a spin-off from IIZI Group, a leading insurance broker in Central and Eastern Europe, Insly offers a comprehensive suite of tools including client and policy management, sales workflow, accounting, and billing solutions. The software facilitates easy customization, online storage, and provides essential support for managing renewals, documents, and claims processing. Insly's mission is to enhance the understanding and accessibility of insurance for both service providers and end users. Established in 2014, the company is headquartered in London, with additional offices in Tallinn, Riga, Warsaw, and San Francisco, reflecting its commitment to serving a diverse range of clients in the insurance sector.

iGrid

Seed Round in 2018
GRID creates IIOT (Industrial Internet of Things) solutions dedicated for energy distributors, industrial energy consumers and photovoltaics. Thanks to the proprietary technology of wireless sensors and distributed computing architecture (fog computing), iGRID provides operators of power grids and owners of photovoltaic installations with accurate and up-to-date data on the condition of transmission infrastructure and energy generation efficiency.

Autenti

Seed Round in 2017
Autenti Sp. z o.o. is a Polish company established in 2013, with its headquarters in Poznan and an additional office in Kraków. It operates a platform that enables online document approval and contract signing, facilitating faster and more efficient workflows for businesses. The platform supports electronic identification, delivery, and signatures, ensuring that all actions are recorded and attributed to specific users and documents. In the event of a dispute, the platform generates a certificate stored on a durable medium, enhancing the credibility of all transactions. By streamlining the process of document authentication and eliminating the need for traditional courier services, Autenti allows clients to securely manage their agreements and transactions in a digital environment.

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 Eko specializes in developing and testing IT solutions, focusing on waste management. The company has created a platform that automates the processes involved in recovering and neutralizing scraps. This innovative platform generates reports and comprehensive analyses that help businesses comply with legal regulations while exploring alternative implementations. By providing these services, Solwit Eko enables organizations to efficiently reduce resource wastage and improve their sustainability efforts across 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.

Tidaro

Seed Round in 2015
Tidaro, headquartered in Katowice, Poland, operates a platform focused on intelligent management of parking spaces in urban areas and public facilities. The system aids drivers in locating available parking spots, thereby saving time and enhancing the efficiency of parking lots. By utilizing recognition technology and monitoring occupancy through cameras and sensors, Tidaro provides real-time information about free spaces. This innovative approach not only addresses the issue of underutilized parking areas but also contributes to the development of smart city initiatives, improving urban traffic flow and reducing environmental pollution in city centers. The company's solutions are being developed in collaboration with 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
The company has been working on solving the problem of incorrect dosing of medications (compliance problem) which is a major factor contributing to multiple complications and growth of patient treatment costs.

VoiceLab

Seed Round in 2015
VoiceLab is a technology company based in Gdańsk that specializes in automatic speech recognition (ASR) and natural language understanding (NLU). The firm employs a team of experts dedicated to enhancing speech recognition capabilities across multiple languages by utilizing extensive acoustic and text data. Leveraging deep neural networks and a significant dataset of thousands of hours of hand-labeled audio, VoiceLab develops large acoustic models, language models, and dictionaries. The company focuses on improving the accuracy and quality of its recognition technologies. VoiceLab offers a range of products, primarily through a Software as a Service (SaaS) model, including applications for speech recognition, process automation, Conversational Intelligence, and voicebots, as well as offline solutions for smart homes. These technologies have applications in various domains wherever speech recognition and language understanding are needed, benefiting thousands of users. Additionally, VoiceLab's platform analyzes conversations from multiple channels, such as voice calls and chatbots, to enhance sales conversion rates and improve customer service efficiency.

Pinmaster

Seed Round in 2015
PINmaster is an innovative solution for acces control. It consists of digital locks and system for access management with automatic access PIN code distribution via SMS.

Funiversity

Seed Round in 2015
The company offers innovative research products for pre-school and schoolchildren. The products aim at widening

Sofia

Seed Round in 2015
SofiaSoft developed an innovative system intended for supporting working teams that are doing tasks beyond their headquarters. The solutions enables employees to get support from the mobile device via a dedicated application. The tool helps to manage employee’s key tasks, monitor paid costs connected with the service, and even locate the position of workers on the map.

Rebel Module

Seed Round in 2015
Rebel Module Global Sp. z o.o., founded in 2015 and based in Gdansk, Poland, specializes in modular construction services, focusing on the design and prefabrication of energy-efficient buildings. The company caters to a diverse range of projects, including residential homes, hotels, restaurants, offices, clinics, and kindergartens. Founded by architects Krzysztof and Magdalena Droszcz, Rebel Module combines innovative engineering with modern design trends to create functional and eco-friendly spaces. The company operates within the REBEL Group, which includes the Rebel Module Eco production plant and the architectural office of Krzysztof Droszcz, enabling a comprehensive approach to developing passive and energy-saving structures. With a team of qualified engineers and global experts, Rebel Module emphasizes sustainability and advanced knowledge in its construction practices.

Everytap Sp. z o.o.

Seed Round in 2014
Everytap Sp. z o.o., founded in 2013 and headquartered in Gdansk, Poland, operates a beacon-based mobile advertising platform that facilitates contextual and personalized communication for brand advertisers. The platform integrates beacon technology with a mobile application, enabling users to receive targeted messages, incentives, or bonuses while shopping or visiting various venues such as restaurants, concert halls, and sports stadiums. Known as Finebite, it ranks among the top three apps for restaurant patrons in Poland and is instrumental in implementing surge pricing and ticketing trends within the industry.

Blue Dot Solutions

Seed Round in 2014
Blue Dot Solutions sp. z o.o. is a consulting firm based in Gdansk, Poland, specializing in the space sector. Established in 2014, the company offers B2B advisory services that include the development and implementation of applications utilizing satellite navigation and earth observation data. It assists businesses in navigating the space industry, providing guidance on the use of space-based solutions and facilitating market entry and export strategies for both Polish and international companies. As the first Polish consulting-information company focused on the space sector, Blue Dot Solutions aims to advance the industry in Poland and Central Europe, leveraging its interdisciplinary team's extensive knowledge gained through participation in various local and international space events.

ProEnerga

Seed Round in 2013
ProEnerga spolka z ograniczona odpowiedzialnoscia S.K.A. is a Polish company established in 2008, specializing in calibration and measurement services for the energy and power sector. Based in Plock, it focuses on research and development projects aimed at creating innovative solutions for the global market. ProEnerga utilizes modern research and measurement devices to effectively transfer knowledge and address market needs. The company offers services that include the calibration of current, voltage, and combined transformers, alongside a mobile measuring laboratory that supports leading firms in the energy industry. With a diverse team of specialists and industry experts, ProEnerga's management has extensive experience in the international implementation of technological projects, both domestically and abroad, particularly in the realm of renewable energy.
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