IIF

IIF S.A. was a venture capital firm based in Kraków, Poland, specializing in early-stage investments in innovative technological projects. Founded in 1999, it focused on a wide range of sectors, including information technology, internet solutions, e-commerce, consumer finance, mobile technology, and electronic media. IIF invested between PLN 0.5 million and PLN 4 million in its portfolio companies, seeking to acquire equity stakes in exchange for its financial support. The firm was recognized as one of the oldest early-stage funds in Poland, with a commitment to supporting new ventures in areas such as digital content, web applications, cloud computing, and financial services.

Maciej Skotniczny

Senior Partner and Vice President, Finance

2 past transactions

Phlux Technologies

Seed Round in 2022
Phlux Technologies, Inc. specializes in designing and developing advanced 3D sensor technology aimed at enhancing safety and efficiency in industrial robotics and automation. Founded in 2020 and based in Pittsburgh, California, the company focuses on creating innovative safety products that replace traditional physical barriers around robots with three-dimensional digital fences. Utilizing proprietary optical sensing technology, artificial intelligence, and computer vision, Phlux Technologies' solutions establish safety zones around robotic systems and other equipment. This approach not only maximizes valuable floor space but also reduces setup times and boosts productivity. By enabling the development of smarter, more advanced robots and autonomous vehicles, Phlux Technologies is positioned to significantly impact the future of collaborative robotics and industrial automation.

CloudEats

Series A in 2021
CloudEats operates cloud kitchens and in-house restaurant brands. Its cloud kitchens are in non-retail and cost-efficient spaces, with operations and layouts specifically designed for food delivery. As of March 2020, the company has five cloud kitchens in the Philippines that house 70 in-house restaurant brands. All food brands are available on all food delivery platforms including Grab Food, Foodpanda and Lalafood.
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