bValue

bValue is a venture capital firm based in Warsaw, Poland, established in 2016. It specializes in investing in early-stage companies primarily located in Central and Eastern Europe. The firm focuses on technology, tech-enabled, and innovation-driven businesses, providing growth capital to ambitious entrepreneurs in the region. bValue aims to foster innovation and digitalization, offering strategic and tactical support to regional category leaders seeking international expansion. The firm manages a growth equity fund and is also involved with an early-stage venture capital fund that targets various sectors, including communications, software, consumer products, and IT services. Through its investments, bValue seeks to play a pivotal role in the development of the entrepreneurial ecosystem in Central Europe.

Leszek Orlowski

Partner and CFO

Dariusz Żuk

Founder

Marcel Animucki

Principal

Past deals in Cental and Eastern Europe

Liftero

Pre Seed Round in 2023
Liftero is a Polish company that specializes in developing high-thrust chemical propulsion systems for the space market. Founded in May 2023, Liftero's flagship product, BOOSTER, allows satellite operators to carry out maneuvers ten times faster than traditional methods, significantly reducing operational losses and enhancing return on investment. The BOOSTER system utilizes environmentally friendly propellants that are cost-effective and easy to handle, making them suitable for integration with various launchers and rideshare missions. Leveraging automation and advanced manufacturing techniques, Liftero is able to deliver ready-to-integrate propulsion systems three times faster than industry standards. The company is set to see its first BOOSTER unit fly aboard the SpaceX Transporter-13 mission in the first quarter of 2025, marking a significant milestone ahead of its product launch and initial customer deliveries.

Roq.ad

Seed Round in 2019
Roq.ad is a company that specializes in identity resolution services, leveraging advanced technology to create an accurate and comprehensive map of digital devices in various countries. By linking devices to individuals and households, Roq.ad develops a rich identity graph that supports mobile audience targeting for advertisers. Originally founded with two product lines, the company refocused its efforts in 2018, transitioning to an enterprise Software as a Service (SaaS) model after selling a segment of its business. Since launching its enterprise SaaS offerings in Germany in 2017, Roq.ad has expanded its presence to Europe in 2018 and the United States in 2020. With operational teams based in Berlin, Poznan, Vilnius, and San Mateo, Roq.ad combines precision and global reach, providing tailored solutions for advertisers seeking effective audience targeting.

Jobsquare

Seed Round in 2017
JobSquare Sp z o.o. operates a mobile job search platform specifically designed for low-skilled workers, such as waiters, caterers, and salesmen. Founded in 2015 and based in Warsaw, Poland, it is the first of its kind in the country. The platform enables immediate contact between job seekers and employers, boasting over 140,000 active profiles, 7,000 employers, and 25,000 job listings. JobSquare serves both Poland and Ukraine, offering a modern solution for recruitment that focuses on facilitating job searches for individuals seeking their first employment opportunities. The application caters particularly to small and medium-sized businesses aiming to connect with younger workers, reflecting a commitment to innovation and simplicity in the recruitment process.
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