SpeedUp Venture Capital Group

SpeedUp Venture Capital Group is a venture capital investment firm headquartered in Poznan, Poland, established in 2009. The firm focuses on investing in seed, series A, and early-stage companies across a variety of sectors, including consumer internet, fintech, martech, adtech, electromobility, medtech, and the Internet of Things. SpeedUp targets enterprises and entrepreneurs in Central and Eastern Europe that aim to expand their reach in the global market with innovative, self-developed solutions. The firm typically collaborates with companies over a 3 to 8-year investment horizon, emphasizing technologies such as machine learning, picture recognition, and artificial intelligence.

Marcin Fejfer

Managing Partner

Rene Xavier Gerard

Partner

Bartłomiej Gola

Founding Partner / CEO

Grygorowicz, Robert

Investment Manager

Klobucki, Mariusz

Partner

Arkadiusz Piechocki

Managing Partner

Monika Synoradzka

Chief Communication Officer

Past deals in Cental and Eastern Europe

Podhash

Seed Round in 2022
Podhash is a marketing platform with millions of podcasts and episodes. Thanks to filtering by category, language, and stats, you will save countless hours discovering podcasts tailored to your needs. Explore, save, and contact them with just a few clicks. Get your 30-day free trial with unlimited access!

Scramjet

Pre Seed Round in 2021
Serverless cloud computing service provider. Develops computing platform to provide Serverless experience in a new format. Scramjet is a simple, instant and yet powerful computing engine ready to transform data of any size, from any source you want, and you can run it at any level from edge, on-prem to the cloud!

AGICortex

Pre Seed Round in 2021
At AGICortex we challenge popular and recognized Machine Learning methods to push the technology forward. Not by 5%, but to present true technical breakthroughs contributing to the emergence of autonomous AI solutions with continuous general learning capability. We believe that Artificial Intelligence of the future will be native to both physical and digital worlds. That is why we have prepared our proprietary Machine Learning framework, based on 3D neural networks equipped with continuous learning (without a separate training session) and ability to work with multiple types of data towards General Intelligence.

Hepta Insights

Seed Round in 2020
Hepta Airborne brings accurate airborne inspection to power grid operators while saving time, costs, and the environment. They have built 6-hour flight time drones that work in synergy with our autonomous data processing platforms and sensors. They work with satellites, helicopters, sensors, and software. It's not about drones, it's about big data and collecting and analysing the data as efficiently as possible.

VersaBox

Seed Round in 2020
VersaBox is a robotics company focused on designing and manufacturing autonomously guided vehicles for both industrial and consumer applications. It specializes in creating advanced robotic systems that enhance logistics and transportation through innovative navigation and control algorithms. VersaBox's autonomous mobile robots are tailored for large manufacturing, logistics organizations, and warehouses, facilitating efficient intra-logistics transport. By integrating a smart intralogistics platform, VersaBox addresses workforce shortages and improves productivity, offering clients modern solutions to transform their operations.

HUGO

Pre Seed Round in 2020
HUGO allows to train dog with the dog experts, analyse fitness, and health data. They allows consumers to directly buy using a mobile app.

DevSkiller

Venture Round in 2020
DevSkiller is a Warsaw-based HR tech scale-up specialised in tech talent assessment and management solutions. Its proprietary employee lifecycle management platform is used by 700+ companies from 90+ countries, spanning across 6 continents. The platform consists of two main components: TalentScore and TalentBoost. The former streamlines the tech skills screening process, making it more efficient and candidate-friendly. The latter tackles key challenges in talent management, helping to identify skills gaps on a company level and gamify individual career paths.

Prodio

Seed Round in 2020
Prodio is a developer of user-friendly production planning and accounting software tailored for small manufacturers. The software facilitates online production planning, employee registration, and scheduling, enabling users to streamline operations and minimize paperwork. By offering intuitive tools for production calculation and planning, Prodio helps manufacturers enhance efficiency and gain insights into work performance. This focus on simplicity and usability distinguishes Prodio from more complicated ERP systems, making it a practical choice for small businesses seeking to optimize their production processes.

Reef Factory

Pre Seed Round in 2019
Smart Reef is a smart online system that assists aquarists in managing their marine tanks. The company uses the application to add their aquarium to the system and assign various devices.

RealEye

Pre Seed Round in 2019
RealEye is an online webcam eye-tracking platform that optimizes UX and discovers the unconscious behavior of users. The SaaS platform enables the owner of a website to track its website visitors’ eye movements through webcam tracking. It records the visual activity of visitors on websites (landing pages, posters, flyers, etc.) and returns results in the form of playable heat-maps of single and aggregated results. Adam Cellary and Damian Sromek launched the platform in Poznan, Wielkopolskie in 2017.

bNesis

Seed Round in 2017
bNesis sets up a hub on credit institution’s premises that allows data transfer from multiple data sources (payment, eCommerce, social media, credit bureau and banking systems) to different, external and internal scoring engines. Risk department can test external scoring engines on the top of the current ones and choose the best, based on the actual results. Thus, will improve the accuracy and make the credit process automated and convenient bNesis combines multiple payment, eCommerce, credit bureau, scoring, social media and banking systems with all their functionality into a single solution, using their APIs. Instead of connecting necessary systems separately, wasting a lot of time and money on each of them, our customers need to connect bNesis only. In result, they will save time and money on integrations and their support. With bNesis, banks get ready to use credit application platform. Any borrower (including enterprises) can easily apply for a credit online in several clicks. At the website or in the app of the bank, the borrower gives the consent to analyze his expenses, income or any other data by just simple typing his login and password. Data from accounts in other banks, eCommerce platforms, social media, credit bureau and payment systems will be analyzed by multiple scoring engines. Credit decision will be made in minutes and automatically. Choosing the best scoring systems and providing them with an access to multiple sources of data with accurate metrics, increases the credit scoring accuracy rate. The bank will have less bad debts, will simplify the whole credit application process and will make it more convenient. Thus, bank will generate better interest margin and income

NeuroGames Lab

Pre Seed Round in 2017
NeuroGames Lab Sp. z o.o. is a Warsaw-based tech startup specializing in DeepTech and artificial intelligence, focusing on innovative human resources solutions for banks and insurers. Founded in 2017 and headquartered at the Cambridge Innovation Center, the company has developed GameHR Sales, a generative AI platform that enhances the recruitment of sales personnel by linking game performance to verified sales abilities. This data-driven approach employs a combination of neuroscience, psychology, and gamification to address real business challenges. NeuroGames Lab has garnered recognition as a leading player in the FinTech and HRTech sectors in Poland, winning multiple awards including the Polish Innovation Prize and the "Żagle Biznesu SGH" competition. The startup is backed by notable investors and has participated in various acceleration programs, aiming to provide clients with unique tools that deliver long-term value. Currently, NeuroGames Lab is in the process of fundraising to support its growth and innovation strategies.

BillTech

Non Equity Assistance in 2017
We are provider of technology which allows banks and fintechs to display information on bills inside their apps for their users.

Omni3D

Series A in 2016
Omni3D is a Polish manufacturer of 3D printers and hardware. It offers Omni3D Factory 2.0 Production System, an industrial 3D printer, as well as a range of other printing solutions. Omni3D was founded in 2013 and is based in Poznan, Poland.

LiveCall

Pre Seed Round in 2016
LiveCall is a customer engagement platform that provides businesses with a next-generation phone solution to connect with their customers. The platform enables web visitors to request a free callback from sales consultants, facilitating direct voice calls from websites. By improving customer engagement, LiveCall helps businesses enhance their conversion rates, allowing them to sell more without needing to increase website traffic. This service addresses customer queries effectively, ultimately boosting sales for clients.

Cloud Your Car

Seed Round in 2015
Cloud Your Car is an Internet of Things startup specializing in fleet management solutions. The company offers a software-as-a-service (SAAS) platform that integrates with a custom hardware device known as the Car Plug. This device, which fits into a standard cigarette lighter socket, operates continuously and transmits real-time data via 3G. The Car Plug serves as a driving coach, delivering instant feedback on driving behavior to promote safer driving practices. Additionally, Cloud Your Car's services include GPS tracking capabilities, allowing businesses to monitor their vehicles and identify instances of employee misuse or irresponsible driving through a user-friendly mobile application.

StethoMe

Pre Seed Round in 2015
StethoMe is a developer of innovative healthcare technology focused on remote monitoring of respiratory health. The company has created a digital stethoscope that allows patients to capture and transmit heart and lung sounds to healthcare professionals in real time. This device facilitates remote assessments, enabling providers to make informed decisions about patient care. Additionally, StethoMe has developed artificial intelligence-based asthma monitoring technology designed to detect respiratory abnormalities. This user-friendly system empowers patients to conduct self-examinations at home and share their findings with doctors, ensuring timely and relevant medical interventions.

Symu.co

Series A in 2015
Symu.co is a developer of management tools designed to help present projects in a browser. It offers to display designs and presentations in a web browser with clickable prototypes and feedback windows, with workflow, review, and project management.

InStream

Seed Round in 2015
InStream is the relations management platform which was created as a CRM alternative for customer-focused companies. Our platform gathers all information about your customers in one place. It’s simple but flexible tool which can be integrated with any mailbox, social media, and business management tool. What's more, InStream is not only focused on sales processes, but also on every kind of business communication (incoming and outgoing phone calls, emails, etc.). When average CRM’s require keying manually the data, InStream automatically monitors all users actions, suggest what has to be done and monitors the communication in order to shorten the time within each process. It is not just another CRM – but a tool that will keep your team InStream.

Survicate

Seed Round in 2015
Survicate is an all-in-one customer feedback tool focused on SMB. It offers 5 solutions: targeted website surveys, user-initiated feedback widgets, one-click email surveys, NPS email surveys, questionnaires. With just one tool, you can collect customer feedback across all digital touchpoints. Use collected insights to decrease churn, improve customer loyalty, and address customers’ needs more precisely.

ZenCard

Seed Round in 2014
ZenCard Sp. z o.o. operates a real-time loyalty redemption platform that allows retailers to enhance customer engagement through personalized loyalty programs. Founded in 2013 and based in Warsaw, Poland, the company enables retailers to transform existing payment cards into universal loyalty and rewards cards. By installing a small software component on their payment terminals, retailers gain access to a web panel where they can create and manage targeted marketing campaigns based on consumer purchasing behavior. ZenCard's platform automatically analyzes customer interactions, facilitating the creation of customized loyalty programs, discounts, and promotional offers. As of January 2017, ZenCard operates as a subsidiary of Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna.

Ifinity

Seed Round in 2014
We're reconnecting mobile people to the real world with Geos - an operating system for businesses and governments to create indoor navigation and to manage smart sensors. Geos features: - Out of the Box solution, - Sensors agnostic management platform, - Multi-floor indoor navigation, - Personalized notifications to mobile users, - Behavioral analytics, - No programming skills required, Geos is particularly used by city authorities who wants to give access to urban services for their residents. The City of Warsaw has commissioned Ifinity to carry out a Virtual Warsaw project based on Geos with three implementations: - Indoor navigation system in the Warsaw Center for the Disabled - Public buses real-time schedules available on mobile - Educational context-aware paths in one of city districts As an outcome of implementation City of Warsaw was awarded with prestigious Mayors Challenge Prize winning $1M Euro and plans to run $15M worth implementations.

Mustache Warsaw

Seed Round in 2014
Mustache Warsaw operates an online retail platform, mustache.pl, designed to support creators and designers in selling their products. The platform allows creators to register, manage their product listings, and handle transactions, including payment processing and product delivery. Mustache Warsaw specializes in offering a diverse range of items, including clothing, accessories, and home goods, enabling designers to maintain control over the entire design and sales process. The company is headquartered in Warsaw, Poland, and has functioned as a subsidiary of 4fun Media since October 2018.

Buy.Box

Seed Round in 2014
Buy.Box operates as a price comparison platform that enhances the shopping experience by allowing customers to find the best deals directly on the site. It eliminates the need for users to visit multiple price comparison sites or browse through various online store listings by providing product descriptions and reviews alongside price comparisons. For website owners, Buy.Box offers a valuable tool that enriches their content and can serve as a source of additional income due to its high click-through and conversion rates. For online retailers, it acts as an effective marketing channel, driving high-quality traffic to their products and services, while also facilitating commissions for sales generated through the platform.

Transparent Data

Seed Round in 2014
Transparent Data is a technology-driven company specializing in data management services that assist businesses in managing risks and enhancing decision-making. The company acquires and integrates comprehensive data about companies and entrepreneurs from over 100 jurisdictions, utilizing both official business registers and various open and proprietary sources. Transparent Data provides real-time, reliable information through its applications and APIs, facilitating key processes such as KYC (Know Your Customer) and AML (Anti-Money Laundering). Additionally, the company designs and implements complex software solutions, focusing on data interoperability, automation, and the modernization of legacy systems. Its expertise extends to data collection, processing, and merging, offering unique capabilities in handling challenging data sources. By streamlining data access and analysis, Transparent Data significantly reduces the time required for businesses to obtain critical information, thereby supporting digital transformation initiatives. The company is recognized as a member of the Federation of Business Information Services and holds an ISO/IEC 27001 certification, underscoring its commitment to data security and quality.

Fanpoint

Seed Round in 2013
WE BUILD CONNECTIONS BETWEEN BRANDS AND THEIR SOCIAL MEDIA CUSTOMERS! Our Customers rely on Fanpoint platform to help them connect, engage and understand their Facebook Community.

Stick and Play

Seed Round in 2013
Stick and Play is a creator for branded games playable directly in Facebook News Feed. Stick and Play is a first intuitive creator of branded Facebook games that you can play in News Feed. Your own games, fully customised and adjusted to your and your client’s needs, engage audience in a new, unheard-of way. The technology applied by Stick and Play will enable sharing your branded games everywhere on Facebook, from News feed and comments section, through personal and friend’s timeline, to wide-range media in the Web. Maintain full control over the running campaign, keep track of your game, players’ scores and the amounts of shares your brand is getting, thanks to our intuitive and user-friendly panel. The service allows to choose from a list of one-dozen games, customize the graphics, game mechanics and fonts, and use the social network’s embedded posts feature to spread those games throughout Facebook and the rest of the Internet. In no time, a conscious company could get fixed with a new, powerful gear for raising their brand awareness. In order to run competition games, contests and awards give-aways user has to simply drag their fans attention from feed gaming to Facebook app. Stick and Play gets users geared with that as well. Apps give control over the campaign, collect data, and create ranks. Same game - variety of options. The visual idea of what we’re doing is available at this link: http://www.youtube.com/watch?v=gs_UvHUuTmk and in order to see the project in action switch to: http://blog.stickandplay.com/stick-and-play-games-in-a-form-of-interactive-facebook-posts/ (PASS: press release)

Starbroker

Seed Round in 2013
Starbroker operates an online real estate marketplace that transforms the traditional collaboration process between property agents and clients. The platform empowers users to take control of their interactions by allowing them to decide which agents receive their contact information and who can reach out to them. Users receive partnership offers from verified brokers associated with reputable agencies, enabling them to choose the most favorable terms for their real estate transactions. Through this innovative approach, Starbroker aims to streamline the buying, selling, and renting of properties by facilitating direct communication and creating a more user-centric experience.

Omni3D

Seed Round in 2013
Omni3D is a Polish manufacturer of 3D printers and hardware. It offers Omni3D Factory 2.0 Production System, an industrial 3D printer, as well as a range of other printing solutions. Omni3D was founded in 2013 and is based in Poznan, Poland.

UsabilityTools

Seed Round in 2013
UsabilityTools was created by User Experience Designers fed up with web testing apps providing partial solutions. The core value of UsabilityTools is combining power of remote usability research with lean philosophy. Secondary goal of co-founders was to make usability testing affordable for every researcher either amateur or professional. UsabilityTools platform comprises two main parts: Conversion Suite Click Tracking - Visualize clicks and mouse moves, discover which areas draw visitors’ attention and which go unnoticed. Form Tester - Learn how visitors interact with each field and find out which steps in the process cause dropouts. Visitor Recording - See your website from the users' perspective and learn from their behavior. Capture every mouse move, click and keystroke. Feedback Form - Increase visitors’ satisfaction by discovering how your website can meet their needs. User Experience Suite Click Testing - Ask respondents about your visual designs. Gather feedback on specific areas of your layouts or marketing creations. Web Testing - Find improvement opportunities by testing the usability on large numbers of people. Card Sorting - Build successful information architecture that helps people navigate through your content easily. Survey - Engage the respondents and get rock-solid data in real time.

Absolvent

Seed Round in 2012
Absolvent operates a social recruitment platform for students and graduates. It was founded in 2012 and is based in Warsaw, Mazowieckie.

BookLikes

Seed Round in 2011
BookLikes - book-based social service that recommends great books based on your reading preferences. It’s a complete website for book-lovers. BookLikes gives only individualized book recommendations, books that really define you. New kind of social algorithm takes into consideration users’ reading preferences, general book information and category it belongs to as well as individual social experience. Due to that unique solution we give BookLikes members great personalized book recommendations even from newly entered book category.

Ortopedio.pl

Seed Round in 2011
Ortopedio.pl is a platform. They engaged in products and rehabilitation and orthopedic equipment of such brands as orthopedic by the synopsis and wheelie. They provide anti-bedsore mattresses, stabilizers, and stairclimbers.

Fusion Sheep

Seed Round in 2011
We want to build best possible remote control. Which will know you and your social network. It will know what you really are, and suits your mood. It knows what you're watching and offers you more than just TV.

Recognize.im

Seed Round in 2011
iTraff Technology Sp. z o.o. was founded in 2010 as an initiative of Arkadiusz Skuza, Wojciech Radomski, Paweł Elbanowski and Marcin Szajek. The company empowers mobile and web developers to utilize the Image Recognition Technology with Recognize.im API. Recognize.im API allows businesses to quickly build image recognition into their own mobile and web applications. The setup is quick: upload your reference pictures to Recognize.im, and use the ready-made code available on the website. In a few minutes your platform will feature a built-in image recognition technology. This type of solution promotes genuine customer engagement and sales carried out via the mobile channel in virtually any consumer-facing industry. Recently, the Recognize.im Team has been focusing on supporting merchandising with image recognition technology by providing a special recognition mode that enables locating products on shop shelves. The idea is to enable real-time monitoring of shelf contents with unparalleled precision, thanks to which it will be possible to obtain various kinds of reports, such as compatibility planograms or comparisons to the competition. In addition to the above, hardware support for the described algorithmic engine is being prototyped in the form of a network of simple, low-cost devices installed on premises, enabling constant monitoring of the products in stores. So far technology developed by iTraff technology has enabled the creation of many applications in the fields of e-commerce, publishing, advertising, or affiliated with major brands. Partnership projects are carried out with companies like Evernote or Facebook. The company has also collected a number of awards for its implementations, including competitions in the United States, Austria, Finland, Greece, Poland and Belgium (including the prize awarded by the European Commission Commissioner for the Digital Agenda, Neelie Kroes).

Okazjum.pl

Seed Round in 2010
Okazjum.pl is a leading Polish site for local search and local promotion search. The company enables users to look for the best local sales online, search brochures of local retailers and find stores near them.

Smartzilla

Seed Round in 2010
Smartzilla specializes in the development of mobile applications for tablets and smartphones, focusing on delivering technologically advanced solutions for mobile brands. The company offers a comprehensive platform that includes mobile application development, interface design, and strategic planning tailored for various mobile operating systems such as Android, iOS, and Windows Phone. By emphasizing user experience and aesthetic appeal, Smartzilla aims to create reliable and engaging software that meets the needs of its clients and their users.

Legimi

Seed Round in 2009
Legimi is a Polish online bookstore specializing in eBooks and audiobooks, offering a subscription model similar to popular digital entertainment services like Spotify and Netflix. The platform provides access to a diverse collection of books, magazines, and blogs, catering to the reading preferences of a wide audience. Legimi also develops cloud-based reading applications compatible with various devices, including smartphones, tablets, e-readers, and computers, enabling users to read and listen to content seamlessly across different platforms.

IC Solutions

Seed Round in 2009
IC Solutions creates and implements technologically advanced IT projects, including document digitization, paperless transactions, and electronic signatures. They provide support for the project, starting with diagnosis, the concept of processes, IT development, and the implementation of the dedicated solution.
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