Eleven Ventures is a venture capital firm based in Sofia, Bulgaria, specializing in early-stage investments in technology companies across Southeast Europe. Founded in 2012, the firm focuses on sectors such as fintech, health tech, e-commerce, the future of food, software tools, consumer products, sports technology, and mobility. Eleven Ventures invests primarily in pre-seed and seed stages, typically allocating between €0.025 million and €0.5 million per company, with a preference for taking minority stakes ranging from 6% to 30%. The firm conducts a three-month mentor-led acceleration program each quarter, accepting 10-15 teams, and offers office space and back-office services to support startups during this period. Additionally, accepted teams gain access to over €0.1 million in free services from technology providers. Eleven Ventures emphasizes investing in teams of two or more founders and requires portfolio companies to have a legal entity in Bulgaria and be present in Sofia during the program.

Gapminder Venture Partners BV is a venture capital firm established in 2017 and headquartered in Romania, focusing on early-stage investments in Pre-Seed, Seed, and Series A rounds. The firm targets innovative startups in sectors such as IT software and services, SaaS, machine learning, artificial intelligence, cybersecurity, digital transformation, healthcare IT, and fintech. Gapminder primarily invests in Romania and other countries in Eastern and Central Europe, aiming to support disruptive innovations that generate positive societal impacts. The firm leverages its team's background and experience to create value within the region, emphasizing a commitment to fostering bold initiatives that push boundaries in technology and business.

Early Game Ventures (EGV) is a venture capital firm established in 2018 and based in Bucharest, Romania, with registration in the Netherlands. The firm focuses on early-stage investments in innovative sectors and intellectual property-driven businesses, including enterprise technology, consumer technology, and hardware. EGV aims to invest in startups that have the potential to create new industries in emerging European markets. Their investment strategy emphasizes working with founders who are both committed and adaptable, targeting substantial market opportunities. EGV prefers to be the first institutional investor in promising startups. Additionally, the firm operates a selective concierge accelerator, accepting only five or six startups each year to participate in a highly personalized and intensive program.

LAUNCHub Fund, established in 2012 and based in Sofia, Bulgaria, is a venture capital firm that focuses on seed and early-stage investments in digital startups throughout Southeastern Europe. With a total management capacity of €30 million, the fund primarily invests in sectors such as SaaS, enterprise software, health-tech, e-commerce, mobile, and IoT, although it is open to opportunities in other verticals as well. The typical investment size ranges from €300,000 to €700,000, with potential expansions up to €1.5 million per company. LAUNCHub Fund aims to support innovative ventures that are positioned to drive growth in the regional technology landscape.

New Vision 3 is an early-stage venture capital fund established in 2020 and based in Sofia, Bulgaria. The fund focuses on investing in innovative companies primarily in the United States and Europe, targeting sectors such as healthcare, agtech, fintech, cryptocurrency, and artificial intelligence. New Vision 3 aims to support the growth of 45 companies, providing the necessary capital and resources to foster their development and success in competitive markets.

The European Bank for Reconstruction and Development (EBRD) is an investment firm established in 1991 to support the development of market economies and democracies in Central and Eastern Europe and Central Asia. As the largest single investor in the region, the EBRD focuses on private enterprises, investing primarily in minority equity positions and participating in private equity funds that target medium-sized companies seeking expansion. The firm mobilizes significant foreign direct investment and provides project financing for a variety of sectors, including banking, industry, and municipal services. It collaborates with publicly owned companies to facilitate privatization and restructuring efforts. The EBRD operates in countries committed to democratic principles and emphasizes strong corporate governance and environmental respect in all its investments. With a portfolio exceeding €130 billion across over 5,200 projects, the EBRD has also extended its financing initiatives to the Middle East and Africa, leveraging its expertise to foster economic growth and transformation.

BlackPeak Capital is a private equity and venture capital firm based in Sofia, Bulgaria, with additional offices in Bucharest, Ljubljana, and Vienna. Founded in 2014, the firm specializes in early to mid-stage investments, focusing on small and medium-sized enterprises in Southeast Europe, particularly in Romania, Bulgaria, Slovenia, Croatia, and Serbia. BlackPeak Capital invests in various sectors, including niche manufacturing, fast-moving consumer goods, information technology, industrials, and healthcare, while avoiding industries such as gambling, logging, and real estate. The firm typically invests between €4 million and €10 million per transaction, seeking significant minority or majority stakes. It also engages in follow-on equity and debt raising, co-invests with other investors, and aims to exit investments through trade sales or IPOs. Funded in part by the European Investment Fund through the JEREMIE initiative, BlackPeak Capital supports high-growth regional companies by providing equity, mezzanine, and hybrid capital.

South Central Ventures is a venture capital firm established in 2015, primarily focused on investing in early-stage high-growth companies within the technology sector across the Balkans. With offices in Belgrade, Ljubljana, Zagreb, and Skopje, the firm targets small and medium enterprises, particularly in areas such as Information and Communications Technology, SaaS, mobile, IoT, HealthTech, and FinTech. South Central Ventures manages a €40 million fund, allocating resources for seed investments up to €0.1 million and larger investments of up to €3 million for early and growth stages. The firm seeks to acquire significant stakes, ranging from 25% to 49%, in its portfolio companies, aiming to support their international expansion and growth potential.

CEE Equity Partners Ltd is a private equity firm focused on making investments in Central and Eastern Europe, particularly in sectors such as infrastructure, energy, telecommunications, and specialized production. The firm engages in various types of investments, including buyouts, expansion capital, and project finance, with a typical investment range of $20 million to $65 million in equity, often supplemented by debt financing. CEE Equity Partners emphasizes classic infrastructure projects like roads and ports, as well as environmental initiatives such as waste management and renewable energy sources, including wind and biomass. In telecommunications, the firm invests in fibre-optic networks and data centers. Additionally, CEE Equity Partners serves as the investment advisor for two China-CEE Funds with over $1.2 billion in committed capital, established in collaboration with China Exim Bank and other institutional investors to foster economic growth and provide returns in the region. The firm operates from its headquarters in Warsaw, Poland, with offices in several other CEE countries and the United Kingdom.

Startup Wise Guys is a prominent early-stage investor based in Tallinn, Estonia, recognized as one of the leading venture capital funds in the Central and Eastern European (CEE) region and the Nordics. Since its inception in 2012, it has operated a renowned startup accelerator that has supported over 165 startups, primarily in sectors such as B2B SaaS, Fintech, and Cybersecurity. The intensive three-month program aims to validate, develop, and market products to business clients, benefiting from the guidance of more than 200 mentors. The accelerator culminates in Demo Days and attendance at major tech events, providing startups the opportunity to pitch to investors. With a startup survival and success rate exceeding 77%, the program has facilitated two major exits and fosters a robust alumni network of over 145 startups across more than 40 countries. Additionally, Startup Wise Guys manages specific funds targeting investments in various sectors, including technology and clean tech, with a focus on early-stage ventures.

Gecad Ventures invests in start-up and expansion-phase hi-tech companies from CEE with meaningful prospects of scaling internationally, including verticals like Cybersecurity, Fintech, AI/ML, AR & VR, Transportation, IoT and Agritech. We are an early investor which provides value by building strong strategic relationships with the founding teams, while supporting them in achieving their business objectives. We invest between €1-7 million in equity and also share a wealth of resources with the objective of fast growth and a presence in international markets. Previously Gecad Group, Gecad Ventures history spans for over 20 years and includes notable exits to Microsoft, Francisco Partners, Naspers, Fitbit.

Credo Ventures is a venture capital firm based in Prague, specializing in early-stage investments, primarily targeting companies in Central and Eastern Europe, particularly the Czech Republic and Slovakia. Founded in 2009, the firm focuses on sectors such as information technology, software, Internet, mobile, and healthcare. Credo Ventures seeks to identify high-growth potential companies that possess international ambitions and the capability to execute their business plans. The firm typically invests between €0.1 million and €2.7 million per company, supporting their growth objectives, including expansion into global markets. By concentrating on innovative sectors, Credo Ventures aims to back promising startups and contribute to their development and success.

ICT Hub Venture is a Serbian private investment fund, focused on early stage technology startups in the SEE region. We offer funding of up to 50,000 EUR in exchange for 5-15% equity, access to the startup ecosystem, tailor-made development program and connection with key figures in relevant industries. Our main focus is on startups which have a complete team and a scalable solution that challenges traditional businesses. By facilitating creation and development of effective solutions we help transform traditional industries and create new businesses.

Abris Capital Partners is an independent private equity firm based in Warsaw, Poland, established in 2007. The firm specializes in management buyouts, acquisitions, and expansion capital investments, primarily targeting middle market companies in Central and Eastern Europe, with a particular focus on Poland, Bulgaria, Romania, and Ukraine. Abris seeks to acquire majority stakes in growth-stage companies across various sectors, including industrial, commercial, and services, as well as healthcare, technology, and logistics. The firm typically invests between €15 million and €75 million and aims for a typical investment period of three to five years. Abris Capital Partners is committed to implementing operational and strategic changes in its portfolio companies, helping them transition from public to private ownership when necessary. The firm avoids investments in certain high-risk industries and prefers companies with positive operational profits. Exits are generally achieved through trade sales, initial public offerings, or secondary sales. In addition to its Warsaw headquarters, Abris has offices in Leeds, Nicosia, and Bucharest.

Feelsgood capital partners specialize in impact investment. The company is based in Zagreb, Grad Zagreb.

NCH Capital Inc. is a private equity and venture capital firm established in 1993 and headquartered in New York. The firm focuses on various investment strategies, including incubation, growth capital, and turnaround investments, particularly in emerging markets. NCH Capital specializes in sectors such as consumer products, financial services, real estate, and agribusiness, including agricultural land and related infrastructure. The firm primarily targets investments in Eastern Europe, including countries like Ukraine, Russia, and Romania, as well as in Brazil's public equity markets. NCH Capital typically seeks both control and minority stakes in its portfolio companies and prefers to take active roles, often securing board seats. With additional offices across Europe, Asia, and South America, NCH Capital aims to leverage local opportunities through its diverse investment strategies.

MVP Angels is a business angels network that collaborates with the MVP Academy accelerator to support early-stage tech startups in the Central and Eastern Europe (CEE) region. By syndicating a micro-investment fund for each cohort of the MVP Academy, MVP Angels provides financial backing to promising teams. This initiative is part of a broader investment readiness program offered by MVP Academy, which includes an 8-week onsite acceleration program in Bucharest, Romania. MVP Angels offers an average investment of 50,000 EUR in exchange for a minor equity stake in the companies, facilitating their journey from product development to market readiness and sales generation.

Speedinvest GmbH is a venture capital firm founded in 2011 and based in Vienna, Austria, specializing in early-stage investments in technology-related startups across Europe. The firm focuses on sectors such as deep tech, fintech, health, industrial tech, consumer marketplaces, software as a service, and climate tech. Speedinvest typically invests between €0.25 million and €3 million in pre-seed to Series A stages, aiming to take minority stakes of up to 20% in its portfolio companies. The firm emphasizes operational support, often taking on active roles within the companies it invests in for periods ranging from six months to a year. With additional offices in cities including San Francisco, Berlin, Paris, London, and Munich, Speedinvest seeks to leverage a global network to enhance its contributions to Europe’s startup ecosystem.

NEVEQ, or New Europe Venture Equity, is a venture capital firm established in 2006 and headquartered in Sofia, Bulgaria. The firm specializes in seed and early-stage investments, focusing on technology-driven sectors such as health, fintech, education, energy, business intelligence, travel technology, semantic technology, social media, telecommunication solutions, and data center businesses. NEVEQ aims to support companies in scaling their operations and transitioning to growth stages, with a particular interest in enterprise applications, infrastructure software, and emerging technologies across web and mobile platforms.

Mid Europa Partners is a buyout investor specializing in growth markets within Central and Eastern Europe and Turkey. Founded in 1999, the firm has raised and managed approximately €4 billion in funds and has established offices in Budapest, Istanbul, London, and Warsaw. Mid Europa is notable for pioneering private equity in this region and has been independent since 2005, with ownership held entirely by its partners. The team, primarily composed of local professionals, combines regional expertise with best practices from Western Europe in due diligence, deal structuring, and value creation. Mid Europa adopts a pan-regional investment strategy, focusing on acquiring leading companies in domestic growth industries, particularly in the mid-market segment. To date, the firm has completed 30 investments across 18 countries, achieving significant transactions and financings in the region.

Innova Capital Sp. z o.o. is a private equity firm based in Warsaw, Poland, with an additional office in Bucharest, Romania. Established in 1994, the firm specializes in growth capital and buyouts, focusing on mid-market companies in Central and Eastern Europe, particularly in Poland, Slovakia, Croatia, Hungary, Romania, Moldova, the Czech Republic, Bulgaria, Germany, and Austria. Innova Capital does not invest in start-ups or turnaround situations but seeks opportunities in sectors such as construction, manufacturing, energy, technology, media, financial services, consumer goods, telecommunications, healthcare, and outsourcing. The firm typically invests between €5 million and €75 million in companies with enterprise values ranging from €50 million to €184 million, aiming for both majority and minority stakes. Innova Capital's investment horizon spans three to five years, with exits achieved through sales to strategic investors or initial public offerings. Over its history, the firm has invested nearly €500 million in approximately 40 companies across ten countries.

Catalyst Romania is a private equity and venture capital fund platform.

3TS Capital Partners is a private equity and venture capital firm headquartered in Helsinki, Finland, founded in 1999. The firm specializes in providing growth capital and buyout funding to small and medium-sized businesses, with a strong emphasis on technology and related sectors, including media, communications, and technology-enabled services. It primarily focuses on investment opportunities in Central and Eastern Europe, particularly in European Union accession countries, but may also consider exceptional cases in Ukraine and Turkey. The firm typically invests between €1 million and €30 million in companies with enterprise values ranging from €1.5 million to €300 million, often seeking significant minority or majority stakes. 3TS aims to enhance the value of its portfolio companies through active partnership and strategic support, while planning to exit investments within three to five years through sales or initial public offerings. The firm has garnered over €300 million from various investors, including prominent financial institutions and corporations.

OTB Ventures is a venture capital firm founded in 2017 and headquartered in Amsterdam, Netherlands. It focuses on investing in technology-driven startups with unique intellectual property, particularly in the Central and Eastern European region. The firm typically provides series A funding to support talented entrepreneurs in scaling their businesses, with an emphasis on sectors such as deep tech, real tech, aerospace, artificial intelligence, automation, fintech, and cybersecurity. In addition, OTB Ventures manages OTB Space Program I, a later-stage venture capital fund based in Warsaw, Poland, which specifically targets investments in the aerospace, defense, and space technology sectors.

Lead Ventures is a venture capital firm based in Budapest, Hungary, that focuses on financing scale-ups and emerging growth companies in Central and Eastern Europe. Established in 2017, it specializes in investments across various sectors, including mobility, energy and sustainability, as well as B2B services, software, chemicals, IoT, and retail. The firm typically invests between €1 million and €10 million, targeting dynamic teams with strong growth potential and validated market solutions. With €100 million under management, Lead Ventures is backed by MOL, a leading energy company in the region, along with two financial institutions dedicated to supporting the startup ecosystem. The firm aims to empower promising ventures with not only capital but also experience and a robust professional network, fostering innovation to transform industries.

OTP Bank Nyrt. is a commercial banking institution based in Budapest, Hungary, operating across several countries including Bulgaria, Slovakia, Romania, Croatia, Serbia, Ukraine, and Russia. Established in 1949, the bank offers a comprehensive range of financial services to both private individuals and corporate clients. Its retail banking services include various account packages, bankcards, investment accounts, and private banking options, alongside digital banking solutions. For corporate clients, OTP Bank provides services such as cash management, financing options including loans and guarantees, and treasury services. The bank's loan portfolio encompasses corporate, retail, housing, and municipality loans, while its investment portfolio consists of government securities and bonds. OTP Bank operates a substantial network of branches, totaling 1,734, facilitating access to its diverse financial products and services.

Integral Venture Partners is a private equity firm that specializes in growth capital investments, focusing on opportunities in central and southeastern Europe. Established in 2019, the firm is headquartered in London, United Kingdom, with additional offices in Budapest, Hungary, and Belgrade, Serbia. Integral Venture Partners seeks equity investments of up to EUR25 million in companies that demonstrate significant growth and value-add potential. Its core sectors of interest include technology, media, and telecommunications (TMT), healthcare, consumer goods and services, B2B services, and niche manufacturing. The firm operates independently and aims to support the development of promising businesses in its target regions.

Day One Capital is a venture capital firm based in Budapest, Hungary, founded in 2011. It specializes in early-stage investments, focusing on technology start-ups and entrepreneurs primarily from Central Eastern Europe. The firm manages privately financed funds and aims to identify and collaborate with promising teams that are pursuing global opportunities, particularly in the business-to-business software sector. Through its investments, Day One Capital seeks to support innovation and growth within the region's technology landscape.

Earlybird Venture Capital GmbH & Co. KG is a Berlin-based venture capital firm established in 1997, focusing on early-stage and growth investments in technology and healthcare sectors. The firm typically invests in disruptive consumer and enterprise internet businesses, mobility, logistics, and various technology-driven fields such as artificial intelligence, cloud computing, and fintech. Earlybird emphasizes companies located in Europe, particularly in German-speaking countries and Central Eastern Europe, while also considering opportunities in the United States and other regions. With over €1 billion under management, Earlybird aims to provide not only financial backing but also strategic support and access to a robust international network. The firm usually invests between €200,000 and €5 million in initial funding, with the potential for follow-on investments up to €15 million per portfolio company. Known for being one of the most experienced venture investors in Europe, Earlybird has a strong track record, including seven IPOs and 23 trade sales.

Axxess Capital, founded in 1995, is an asset manager specializing in private equity investments in lower mid-market companies, primarily in Romania and Bulgaria. The firm has over 15 years of investment experience in the region, having invested more than €250 million in equity across various sectors. Axxess Capital manages several funds, including the Romanian-American Enterprise Fund and the Balkan Accession Fund, focusing on deals typically ranging from €5 million to €15 million with investment horizons of three to seven years. With a team of over 15 professionals, including investment experts, finance specialists, and legal advisers, Axxess Capital combines local insights with international expertise, ensuring a comprehensive approach to investment opportunities in Southeast Europe.

ARX Equity Partners is a private equity firm based in Prague, Czech Republic, with additional offices in Budapest, Hungary, and Warsaw, Poland. Established in 1996, the firm focuses on mid-market investment opportunities in Central and Eastern Europe, particularly in countries such as Hungary, Bulgaria, and Romania. ARX specializes in expansion financing, management buyouts, acquisitions, and growth capital, targeting later-stage companies in sectors including consumer goods, healthcare, financial services, and specialized manufacturing. The firm typically invests between €3 million and €15 million in companies with a minimum EBITDA of €1 million. ARX aims for investments in management or family-owned enterprises and prefers to exit through trade sales within three to six years, holding both majority and minority stakes in its portfolio companies.

KBC Group NV, headquartered in Brussels, is a bank-insurance group that offers integrated financial services primarily to retail clients, private banking, and small to medium-sized enterprises. The company provides a wide range of products including demand deposits, savings accounts, home and mortgage loans, consumer finance, and SME funding. Additionally, KBC Group offers various insurance products, investment fund and asset management services, cash management, payments, trade finance, and corporate finance. As of December 31, 2019, KBC operated numerous branches across Belgium, the Czech Republic, Hungary, Bulgaria, and Ireland, serving customers through various channels, including agents and electronic platforms. KBC Private Equity, a division of KBC Group, focuses on providing development capital and financing for buy-outs in Belgium and Central and Eastern Europe, managing a diverse portfolio valued at over EUR 400 million. Founded in 1935 and rebranded in 2005, KBC Group continues to emphasize a long-term commitment to its investments and clients.

Trind Ventures is an early stage VC fund based in Tallinn, Estonia. Investing in start-ups across Europe, from seed rounds all the way to sustainability, with a focus on ICT. Trind Ventures partners are Joel Aasmäe, Ivar Siimar, Kimmo Irpola and Taavi Lepmets.

The European Investment Fund (EIF) serves as the investment arm of the European Investment Bank, focusing on enhancing access to finance for small and medium-sized enterprises (SMEs) across Europe. Established in 1994, EIF specializes in venture capital and private equity investments, targeting early-stage technology companies and supporting micro, small, and medium enterprises primarily in Bulgaria and Slovakia. It engages in direct investments across various stages, from seed funding to growth capital, while also investing in funds that facilitate these investments. The EIF has developed a substantial portfolio of over €14 billion in assets, fostering a dynamic venture capital ecosystem by catalyzing private investments and providing guarantees and financial engineering services. Its investment strategy encompasses multiple sectors, including information technology, life sciences, and materials, and extends to regional funds across Central Eastern Europe and Turkey. By aligning its efforts with European Union objectives, EIF plays a crucial role in promoting innovation, research, and entrepreneurship within the continent.

Enterprise Investors is a prominent private equity firm established in 1990, recognized as one of the oldest and largest in Central and Eastern Europe. The firm specializes in mid-market buyout transactions driven by succession planning and provides expansion financing to high-growth enterprises across various sectors. Over its operational history, Enterprise Investors has raised eight funds, accumulating total capital exceeding EUR 2 billion. To date, these funds have made investments totaling EUR 1.7 billion in 137 companies, demonstrating the firm's commitment to fostering growth and development in the region's business landscape.

Highlander Partners, L.P. is an investment firm founded in 2004 by Laurence E. Hirsch, former CEO and Chairman of Centex Corporation, and Michael R. Nicolais, former Co-head of the Dallas Corporate Finance office and Managing Director for Donaldson, Lufkin & Jenrette. Highlander Partners has investments in a wide range of asset categories, with a principal focus on making direct private equity and mezzanine investments in light manufacturing, basic materials, food products, business and industrial services and value-added distribution companies. Highlander Partners is headquartered in Dallas, Texas, USA, and its U.S. office, headed by Jeff L. Hull, makes private equity and mezzanine investments throughout North America. In 2008, the company opened an office in Warsaw, Poland, led by Dawid Walendowski, in order to make private equity investments throughout Central Europe. Highlander Partners has more than $600 million in capital under management, over $500 million of which is allocated to direct private equity and mezzanine investments in the United States and Central Europe.

SEAF is an investment firm that focuses on providing growth capital and operational support to businesses in emerging markets, particularly those underserved by traditional financing sources. Founded in 1989 in Washington, District of Columbia, as a private equity subsidiary of the development organization CARE, SEAF aims to foster economic development by investing risk capital in locally owned enterprises with high growth potential. The firm operates in 18 countries, with a notable presence in Central and Eastern Europe, Asia, and Latin America. SEAF makes structured debt and equity investments and emphasizes creating measurable development impacts in local communities. Its investment strategy includes targeting diverse sectors such as tourism, healthcare, IT, and agriculture, while also focusing on themes like energy, diversity and inclusion, and employment. SEAF seeks to partner actively with entrepreneurs, leveraging its extensive network to enhance business success and deliver attractive returns to its investors.

Inovo Venture Partners is a venture capital firm focused on the CEE region with over €50m in AUM. We are proud to be recognized as the best VC investor in Poland by both the entrepreneurs (Golden Book of Venture Capital in Poland 2018 published by Startup Poland Foundation, and the investment industry (House of the Year - Venture Capital by Polish PE/VC Association. We are a group of investment and entrepreneurial professionals who so far invested and helped over 20 companies (both through the fund and as business angels). Our experience encompasses Rocket Internet, Booksy, Google, McKinsey, Rothschild, Penta, and Coca-Cola. Among our investments from the first fund, you will find Booksy, Brand24 (IPOed), Restaumatic, ECC Games (IPOed), and others. In the second one, we've been fortunate enough to support companies like Allset, Tidio, Infermedica, Spacelift, and Intiaro. We invest in high-growth tech companies at Seed & Series A stages, that are transforming their industries and support the ones who dare to fight to dominate their markets. Our expertise (and investment sweet spot) is in SaaS, marketplaces, ideally working together

GED is an independent private equity group founded in 1996, operating primarily in the Iberian Peninsula and South-Eastern Europe. With a focus on the middle market, GED manages over €300 million across several private equity vehicles, engaging in both private equity and private equity-real estate sectors. The firm seeks to maximize portfolio value through a buy-and-build strategy, targeting medium-sized companies in Romania, Bulgaria, Spain, and Portugal that have the potential to become regional leaders. GED also pursues opportunistic real estate investments in South-Eastern Europe, emphasizing sectors such as communication, transport, energy, and mobility. The firm has established a strong track record in these regions, supported by offices in Madrid, Seville, Bucharest, Sofia, and Oporto. Additionally, GED manages specialized funds that target specific sectors, including healthcare technology, renewable energy, and consumer products, investing in companies with defined financial profiles.

Quaestus was founded in 2003 as the first Croatian company for management of private equity funds. Quaestus manages two private equity funds. The total capital commited to the both funds amounts to around €80 million.

Global Finance is an independent investment firm based in Athens, Greece, founded in 1991. It specializes in private equity and venture capital, focusing on management buyouts, middle market investments, and growth capital, particularly in underperforming companies. The firm invests in various sectors, including manufacturing, information technology, specialty retail, media, entertainment, healthcare, telecommunications, and services. Global Finance primarily targets companies in Greece and the broader Southeastern European region, including Bulgaria, Romania, Russia, and Serbia. Its investment strategy includes both minority and majority stakes, with typical investments reaching up to €40 million in Greece and €15 million in Eastern Europe. The firm engages in real estate development and offers advisory services, aiming to exit investments within three to six years through various methods such as trade sales or management buybacks.

J.P. Morgan is a prominent player in the financial services industry, providing a wide range of solutions to clients in over 100 countries. With a rich history spanning more than 200 years, the firm prioritizes its clients' interests in all its operations. J.P. Morgan Asset Management stands out as a leading asset manager, catering to individuals, advisors, and institutions globally. The firm offers diverse investment strategies across various asset classes, bolstered by its substantial assets under management. Additionally, J.P. Morgan Ventures Energy Corporation specializes in commodity risk management solutions. The firm also manages several funds, including those focused on buyouts in the healthcare sector and opportunistic investments in infrastructure across multiple regions, including North America and Europe.

212 Limited is a venture capital firm based in Luxembourg City, established in 2011. The firm specializes in early to late-stage investments in internet, communication, and technology sectors, with a particular emphasis on software, social gaming, eCommerce, mobile applications, social media, and cloud computing. 212 Limited primarily targets investment opportunities in Turkey, the Central and Eastern Europe (CEE) region, and the Middle East (MENA). The firm typically invests between $0.5 million and $3 million in its portfolio companies, generally preferring to acquire minority stakes. Founded by a team of experienced professionals, 212 aims to cultivate a robust entrepreneurial ecosystem within its focus regions, leveraging their diverse backgrounds in both global corporations and startups to drive strategic growth and operational success.

Msin helps companies achieve faster growth, increase competitiveness, and improve transparency. The company provides strong support with its own experts in restructuring, optimization, and business and process development as well as the implementation of investment projects.

Shasta Ventures, founded in 2004 and headquartered in Menlo Park, California, is a private equity firm that specializes in early-stage investments, primarily focusing on seed to series B-stage software companies in the United States. Over the past 15 years, the firm has supported more than 30 startups in achieving significant milestones, including going public or being acquired, by providing essential capital and expertise. In addition to its general investment activities, Shasta Ventures manages the Shasta Camera Fund, which focuses on pre-seed and seed investments in innovative technologies such as Augmented Reality, Virtual Reality, and camera-first Computer Vision applications. This dedicated fund aims to support visionaries by investing up to $0.1 million per entrepreneur, with plans for 20 to 30 investments in groundbreaking ideas.

Accession Capital Partners, formerly known as Mezzanine Management Finanz- und Unternehmensberatungs GmbH, is a private equity firm specializing in management buyouts, management buyins, leveraged buyouts, recapitalizations, special situations, emerging growth, and growth capital transactions of mature, middle market companies through mezzanine financings. It invests in long term, subordinated mezzanine loans, minority shareholder buyouts, organic expansion, add-on acquisitions, and ownership restructuring. It does not invest in real estate (property exclusively), alcohol, tobacco, and firearms industries and project finance, startups, and high tech companies. The firm seeks to invest in companies in the financial services, healthcare, consumer goods, business services, manufacturing and information technology sectors. It prefers to invest in companies in new European Union member states with a focus on Central and Eastern Europe with a focus on Poland, Slovakia, Romania, Bulgaria, Russia, Hungary, the Czech Republic, Slovenia, Serbia, Croatia, and Balkan States. It also makes selective investments in Ukraine and Turkey. The firm seeks to invest between €5 million ($6.70 million) and €50 million ($63.22 million) in companies with sales value between €10 million ($11.83 million) and €400 million ($473.59 million), enterprise value between €20 million ($23.67 million) and €400 million ($473.59 million), and EBITDA between €2 million ($2.36 million) and €50 million ($67.05 million). Mezzanine Management Finanz- und Unternehmensberatungs GmbH was founded in 2000 and is based in Vienna, Austria with additional offices in Europe.

Societatea de Investitii Financiare Transilvania S.A. (SIF Transilvania) is a closed-end financial investment company, self-managed in a dualist system and included in the category "Other collective investment undertakings (A.O.P.C.), with a diversified investment policy". The Company's share capital worth RON 109,214,333.20 is composed of 1,092,143,332 common shares issued at par value of RON 0.1/share. The shares are listed at the first category of the Bucharest Stock Exchange and have been traded on this market since November 1, 1999 under SIF3 symbol.

bValue Fund is a venture capital firm based in Warsaw, Poland, focused on investing in pre-seed, seed, and early-stage companies across various sectors. Established in 2016, the firm primarily targets enterprises within the CEE region, particularly in Poland and Ukraine. Its investment strategy emphasizes industries undergoing digital transformation, including hi-tech, engineering, fintech, logistics, healthcare, and e-commerce. bValue Fund typically invests between €0.25 million and €1 million in companies that demonstrate potential for growth, preferably those with recurring revenues or a minimum viable product. The firm seeks minority stakes in its portfolio companies and leverages the extensive experience and networks of its management team and investors to help businesses scale and navigate challenges. With a diversified portfolio, bValue Fund aims to support innovative solutions that have the potential to become global leaders.

As one of the largest and most active venture capital fund partners in Central and Eastern Europe our mission is to create new ways of equity funding for innovative small and medium-sized enterprises with high growth potential as well as more traditional businesses for the purpose of establishing a sustainable and competitive SME and enterprise ecosystem both in Hungary and in the region

Draper Esprit is a London-based private equity and venture capital firm established in 2006, with additional offices in Cambridge, Dublin, Helsinki, and Paris. It specializes in investing in technology-oriented businesses at various stages of their lifecycle, from seed and series A rounds to growth capital and late-stage investments. The firm focuses on sectors such as digital technology, financial technology, healthcare, and deep tech, and typically invests between €0.02 million and €10 million in companies based in Europe, Ireland, and the United Kingdom. Draper Esprit prioritizes both minority and majority investments, allocating a significant portion of its corpus to very early-stage companies. The firm is known for backing high-growth, disruptive companies, including notable names like Revolut and Trustpilot. By going public in 2016, Draper Esprit aimed to provide entrepreneurs with more flexible funding options and longer-term support, leveraging its international networks and extensive experience in building successful businesses.