Internet Investment Fund (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.
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2 past transactions
Phlux Technologies
Seed Round in 2022
Founded in 2020, Phlux Technologies specializes in developing innovative 3D sensor technology for robotics and automation. Its products enhance safety and efficiency by enabling robots to navigate effectively, protecting workers from hazards, and detecting obstacles.
CloudEats
Series A in 2021
CloudEats operates cloud kitchens and in-house restaurant brands, providing a cloud-based restaurant infrastructure for delivery-focused food service. Its platform integrates proprietary smart kitchen technology with major food delivery platforms, supports persona-driven virtual brands across multiple cuisines, and uses centralized commissary kitchens to ensure consistency and quality control. This combination enables scalable, efficient and digitally optimized meal production for delivery-focused operations.
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