Top investors in Eastern Europe

Showing 1-50 of 427 investors

Internet Initiatives Development Fund

Internet Initiatives Development Fund is a Moscow-based venture capital firm that backs early-stage technology startups in Russia and abroad. The firm provides financial and expert support to companies in pre-seed, seed, and Series A rounds, with typical investments ranging from RUB 2.1 million to RUB 324 million. Its mission centers on making Russia more attractive to tech entrepreneurs and making the venture market understandable and accessible to founders. By promoting transparency and facilitating cooperation among entrepreneurs, investors, and state agencies, the fund supports the development of online projects and the broader Russian tech ecosystem.
Made 114 investments in Eastern Europe

Russian Ventures

Russian Ventures is a venture capital firm headquartered in Moscow, Russia. Founded in 2008, it focused on investing in internet and technology companies across Russia.

Startup Lab

Startup Lab is a Moscow-based venture capital firm and accelerator founded in 2018 that invests in pre-seed, seed, and early-stage startups. It focuses on companies based in Russia, the CIS and Eastern Europe, and supports ventures with capital and programmatic assistance to build networks, scale sales channels, optimize business models and internal processes, and prepare for international expansion. The firm targets early-stage opportunities with typical pre-seed investments up to 3.5 million rubles. Sectors of interest include pharmaceuticals, agriculture, edtech, fashion tech and retail.
Made 4 investments in Eastern Europe

AYR Capital

AYR Capital is an independent private equity, venture capital and financial advisory firm focused on investments in Europe, Russia and the CIS, with activity in real estate, fast-moving consumer goods, oil and gas, energy, information technology and manufacturing. The firm also provides debt financing for growth opportunities and offers financial advisory services. Founded in 2014 and based in Moscow, AYR Capital pursues growth-oriented opportunities across CIS, Eastern and Western Europe and the United States, combining a disciplined risk management approach with a focus on value creation and strong relationships with investors and portfolio companies.
Made 1 investment in Eastern Europe

Elbrus Capital

Elbrus Capital is a private equity firm focused on control and significant minority investments across Russia and the CIS. Founded in 2007, it pursues growth and consolidation opportunities in diversified sectors, including healthcare, information technology and software as a service, B2B and B2C services, digital media, FMCG, outsourcing and logistics, and education. It partners with entrepreneurs to scale businesses and expand regionally, aiming to secure meaningful stakes to support strategic development. The firm builds platforms through acquisitions and its portfolio has included digital and consumer CIS leaders such as HeadHunter, Mail.ru Group and CIAN Group, along with FMCG, outsourcing, healthcare and media companies.
Made 19 investments in Eastern Europe

Almaz Capital

Almaz Capital is an international venture capital firm that invests in early-stage, capital-efficient technology companies. Founded in 2008, it operates from Portola Valley, California, and Berlin, Germany, and backs sectors including artificial intelligence, blockchain, data engineering, cybersecurity, industrial Internet of Things, and networking infrastructure. The firm aims to connect Eastern European and former Soviet engineering talent with the U.S. market to build global businesses. Backed by strategic investors such as Cisco, the European Bank for Reconstruction and Development, and the International Finance Corporation, Almaz Capital has funded a broad portfolio of technology companies and seeks to accelerate their growth across international markets.
Made 19 investments in Eastern Europe

The Untitled

The Untitled is a venture capital firm that backs technology-driven companies across seed, early, and growth stages. It targets Eastern Europe and Russia, with headquarters in Riga and offices in Moscow and London. The firm invests across sectors such as retail and brand performance, new media and digital technologies, marketplaces, advertising, and omni-channel retail and fashion, seeking opportunities with a finished product or working prototype and proven metrics at or near payback. Investments are made directly into equity or as loans, typically in rounds from seed to growth-stage, often taking minority stakes. The Untitled operates multiple investment programs to support portfolio companies as they expand into new markets, including Western Europe where applicable, emphasizing cross-border experience and international growth capabilities.
Made 5 investments in Eastern Europe

Ruvento Ventures

Ruvento Ventures is a Singapore-based venture capital firm that funds technology startups in Southeast Asia. With a founders-first approach, it provides hands-on support in R&D, product development, management, and market launch, leveraging a network of experts across developed and emerging markets to help portfolio companies scale. The firm pursues early-stage investments and incubation programs in technologies such as AI, machine learning, IoT, robotics, hardware, cleantech, and data analytics, aiming to connect CIS-region innovations with Asian markets. It seeks to invest in seed to early-growth rounds and can participate in syndication for larger deals, while offering staged financing through incubation programs. The firm operates globally, supported by Singapore-based operations and international affiliates, and seeks to back value-driven technologies that positively impact the region and beyond.
Made 1 investment in Eastern Europe

Impulse VC

Impulse VC is a Moscow-based venture capital firm established in 2013. It funds and supports early-stage technology companies, focusing on seed to Series A investments in B2B software and SaaS, proptech, adtech, marketing technology, marketplaces, software, and gaming. The firm provides both capital and operational guidance to portfolio companies and conducts activities with international reach across the United States, United Kingdom, and Russia.
Made 19 investments in Eastern Europe

Early Game Ventures

Early Game Ventures is a European venture capital firm focused on early-stage technology and IP‑driven startups, with activity in Central and Eastern Europe and broader Europe. It pursues pre‑seed, seed, and Series A rounds and typically invests up to €6 million, with first tickets commonly between €500,000 and €2 million. Founded in 2017, the firm operates offices in Bucharest and The Hague. It emphasizes a results‑oriented approach and values founders who are coachable and address large markets over traditional CVs. Early Game Ventures aims to back companies at the earliest stages and strives to be among the first institutional investors when opportunities arise, with investments spanning enterprise technology, cybersecurity, development tools, consumer technology, and other IP‑driven sectors.
Made 13 investments in Eastern Europe

Primer Capital

Primer Capital is a Moscow-based venture capital firm focused on early-stage investments in biotechnology, pharmaceuticals and related medical technologies. The firm backs projects across oncology, cardiology, rheumatology, surgery, medical devices and both branded and generic therapeutics. It pursues opportunities in Russia, Israel, Europe and the United States, with early equity investments typically ranging from 0.2 to 0.5 million dollars and a willingness to co-invest with other funds and investors. Primer Capital leverages a team of experienced professionals and a scientific advisory board to assist in project selection and development, and collaborates with venture funds, business angels, government agencies and medical institutions to support portfolio companies through fundraising and strategic partnerships.
Made 3 investments in Eastern Europe

VEB Ventures

VEB Ventures is a Moscow-based venture capital firm associated with Vnesheconombank. It was established to invest in high-technology projects linked to Russia’s Skolkovo Foundation and to support the government’s innovation programs. The firm has focused on funding companies in medical technology, biotechnology, and clean technology within Russia, aiming to build innovation infrastructure, facilitate technology transfer, and promote Russian innovations globally.
Made 7 investments in Eastern Europe

RTP Global

RTP Global is a venture capital firm that specializes in early-stage technology investments worldwide. The firm backs ambitious founders across diverse sectors, with a portfolio that includes Datadog, Datarobot, Cred, Delivery Hero, Miro, Picsart, Socure, Qonto and dbt Labs. It emphasizes rapid execution, hands-on support for scale, and long-term partnerships aligned with founders' success. RTP Global maintains a global footprint with offices in major markets such as New York, London, Dubai and Bangalore, enabling a worldwide network and access to talent and customers. The firm pursues multinational opportunities and invests across regions, aiming to help portfolio companies grow from early traction to category leadership. Its approach combines strategic guidance, operational assistance and reinvestment to sustain long-term growth.
Made 18 investments in Eastern Europe

Sistema SmartTech

Sistema SmartTech is the corporate venture arm of Sistema, based in Moscow, Russia. Founded in 2020, it invests in early-stage Russian technology companies and focuses on high-technology sectors such as digital products and services, transport, IT in medicine, biotechnology, and artificial intelligence, as well as education, logistics, and digital solutions in industry.
Made 1 investment in Eastern Europe

New Industry Ventures

New Industry Ventures is a Moscow-based venture capital firm established by Gazprom Neft, Gazprombank, Russian Venture Company and VEB Innovations. It invests in technology startups operating in oil and gas, petrochemicals, energy, logistics, new materials and alternative energy. The firm focuses on technologies for exploration, production, processing, transportation and storage of hydrocarbons, as well as energy transmission and industrial infrastructure. It also backs digital products and Industry 4.0 solutions, resource and energy-saving technologies, and innovative projects that advance the Russian oil, gas and energy sectors and related industries.
Made 1 investment in Eastern Europe

Vesna Investment

Vesna Investment is a venture capital firm based in Moscow, Russia. Established in 2011, it provides financing to internet startups and seeks investments across information technology, telecom, consumer services, retail, education technology, mobile and consumer applications, communications and networking, data storage and management, internet infrastructure and services, and media sectors. After investment, Vesna Investment acts as an active partner, offering support and expertise to portfolio companies.
Made 1 investment in Eastern Europe

ICU Ventures

ICU Ventures is a Kyiv-based venture capital firm that invests in early-stage technology companies with Eastern European roots. It targets sectors such as fintech, deep tech, mobility, and enterprise software, providing capital, strategic guidance, and access to a network to help portfolio companies scale internationally. The firm generally avoids gaming and gambling.
Made 5 investments in Eastern Europe

Mint Capital

Mint Capital is a private equity investment firm founded in 2000 and based in Moscow, Russia. It pursues growth and early-stage opportunities, investing in sectors such as business services, logistics, distribution, and IT services. The firm has raised private equity funds to support its investments and operates as an independent investor, providing capital and strategic backing to portfolio companies.
Made 1 investment in Eastern Europe

FPI Innovation Fund

FPI Innovation Fund is a Moscow-based venture capital firm, founded in 2010, focused on investing in artificial intelligence, unmanned systems, chemical technologies, semiconductors, energy-saving and efficiency sectors.

S-Group Capital Management

S-Group Capital Management was a Moscow-based private investment firm that specialized in late-stage venture, mature and growth capital investments across information technology, clean energy and new energy solutions, material sciences, biotechnology, and tourism and leisure. The firm is no longer investing.

PIKvc

PIKvc is a venture capital firm focused on supporting early-stage founders and their teams. It aims to build a community, take thoroughly calculated risks, and care for its companies throughout their entire lifecycle.

FunCubator

FunCubator is the corporate venture arm of FunCorp, based in Limassol, Cyprus. Founded in 2017, it makes strategic investments in technology and digital entertainment, with a focus on communications services, software, augmented reality, virtual reality, artificial intelligence, and eSports in Eastern Europe.
Made 2 investments in Eastern Europe

Global Finance

Global Finance is an independent investment firm founded in 1991 in Athens, Greece, specializing in private equity and venture capital in Southeast Europe. The company engages in private equity fund management, real estate development, and advisory services across the region. It targets equity investments in Greece and Eastern Europe, with typical sizes up to €40 million in Greece and up to €15 million in Eastern European ventures, and maintains offices in Sofia, Belgrade, and Bucharest to support regional activity.
Made 5 investments in Eastern Europe

Underline Ventures

Underline Ventures is a Bucharest-based venture capital firm focused on Eastern Europe, investing at seed and early stages in technology-enabled startups across information technology, big data, e-commerce, the internet of things, SaaS, and related TMT sectors. It typically writes checks around €0.5 million and supports founder-led companies from concept through growth, offering strategic guidance and helping connect them with capital, talent, and networks, with an emphasis on founder control and a long-term, collaborative approach to building globally ambitious businesses.
Made 1 investment in Eastern Europe

ZAS Ventures

ZAS Ventures is a Kyiv-based Ukrainian-American venture capital firm that funds early- and growth-stage technology companies originating from Ukraine and Central and Eastern Europe. It provides capital typically in the range of 50,000 to 200,000 through SAFE agreements, alongside mentorship, strategic guidance, and access to a global expert network to support multiple funding rounds. The firm focuses on SaaS, AI, and other software-driven sectors, and maintains a portfolio that includes startups in AI, cloud computing and sustainable packaging, with activity across Eastern Europe. It collaborates with UNIT.City, Kyiv's innovation park, and aims to accelerate the growth of the Ukrainian tech ecosystem by connecting founders with networks, resources, and operational guidance. Founded in 2021 and based in Kyiv, ZAS Ventures seeks to unlock regional tech potential by providing hands-on support and strategic development to early-stage startups.

SOLventures

SOLventures is a venture capital firm founded in 2013 and based in Nicosia, Cyprus. It pursues early-stage investments in information technology and e-commerce, with a focus on advertising, fintech, mobile, and related sectors. The firm targets opportunities across Russia, the United States, and Europe, leveraging the partners' diverse experience to help startups accelerate growth and deploy capital efficiently.
Made 7 investments in Eastern Europe

Vostok Ventures

Vostok Ventures is a venture capital firm founded in 2018 that invests in high‑technology companies. Its portfolio includes Russian and foreign firms operating in fast‑growing sectors such as energy, chemicals, medicine, information technology, the Internet of Things, agriculture, and advanced materials. The firm aims to support growth in Russia’s technology ecosystem and to nurture the development of the business environment in the Far Eastern Federal District.
Made 4 investments in Eastern Europe

Revo Capital

Revo Capital is a venture capital firm founded in 2013 and headquartered in Istanbul, with offices in Tallinn and Amsterdam. It targets seed to growth-stage technology startups across Turkey, Eastern Europe and the Baltics, investing in sectors such as SaaS, fintech, cloud, healthtech, cybersecurity, artificial intelligence, big data and marketing tech. The firm emphasizes leveraging its network and operational experience to help portfolio companies scale internationally and seize regional opportunities. Its investments include notable companies in the region, and it counts anchor investors such as the IFC, EBRD, EIF and DEG among its backers. Revo Capital maintains an active presence in industry events and partnerships to provide resources and connections for startups in its focus markets.
Made 2 investments in Eastern Europe

Fastlane Ventures

Fastlane Ventures is a venture capital firm founded in 2010 that focuses on developing, launching and promoting internet startups. It combines seed investing with hands-on operational involvement to help portfolio companies grow rapidly, particularly in consumer internet segments such as online retail, travel, relationship, health and recruitment. The firm provides strategic guidance, resources and governance support, aiming to move ventures from concept to launch quickly and toward exit within a few years. It collaborates with international investors to fund its portfolio and helps portfolio companies scale through hands-on execution and network access.
Made 20 investments in Eastern Europe

Fil Rouge Capital

Fil Rouge Capital is a venture capital firm based in Zagreb, Croatia, focused on early-stage investments in Europe. It backs startups across information technology, software, AI, IoT, e-commerce, and other technology-driven sectors, typically at pre-seed to Series A stages, using a mix of equity and debt structures. The founders bring deep knowledge of technology, services, and entrepreneurship to portfolio companies, aiming to add more than capital by sharing experience and networks. The firm adopts a Europe-centric approach, with connections to accelerators and startup ecosystems in Central Europe and Silicon Valley to support growth and scale.
Made 2 investments in Eastern Europe

Inventure Partners

Inventure Partners is a venture capital firm founded in 2012 and based in Moscow, Russia. It invests across seed to late-stage rounds in technology-driven companies, focusing on online financial services, software, e-commerce, mobile, digital media, marketing, B2B, internet software and telecommunications. The firm typically takes minority stakes and a board seat, investing roughly 0.5 to 5 million dollars with target enterprise values of 1 to 50 million. Exits are generally planned within five years, with possible extensions, and the firm looks for opportunities with potential IPOs in two to three years. Its geographic scope includes Russia, the United States, the CIS region, the United Kingdom and other European markets. Portfolio companies have included Gett (GetTaxi), the telehealth provider American Well, and Busfor, illustrating an interest in disruptive technology platforms and services.
Made 14 investments in Eastern Europe

Swedfund

Swedfund is Sweden’s development finance institution, established in 1979 and based in Stockholm. It mobilizes private capital to support sustainable private-sector growth in developing markets, with the aim of reducing poverty and advancing Agenda 2030. The organization finances a broad range of opportunities in Africa, Asia, Latin America, and Eastern Europe, including investments in Swedish SMEs seeking to scale internationally. It provides risk capital in multiple forms, such as equity, loans, guarantees, and other financing instruments, and it engages in both direct investments and fund-related structures to deploy capital where private finance is scarce. Swedfund emphasizes sustainable outcomes, job creation, improved access to essential goods and services, and resilience to geopolitical and climate risks. Through its activities it seeks to attract private investment, foster market development, and build lasting impact in developing economies while maintaining careful risk management and governance.
Made 1 investment in Eastern Europe

AltaIR Capital

AltaIR Capital is an international venture capital firm based in San Francisco that provides early- and growth-stage funding to startups across sectors including productivity tools, future of work, software as a service, fintech, insurtech, artificial intelligence, and digital health. The firm emphasizes disruptive ideas, strong product vision, scalable business models, and large addressable markets, and has invested in more than 400 companies, including unicorns. It manages over $600 million in capital and operates AltaLab, a startup accelerator that supports portfolio companies in acceleration and growth. The firm combines selective investment with active guidance to help teams reach scale and generate high returns.
Made 32 investments in Eastern Europe

BADideas.fund

BADideas.fund is an early-stage venture fund and angel group focusing on startups in Central and Eastern Europe, founded in 2022 and based in Riga, Latvia. It provides initial investment tickets of 50,000 to 250,000 euros and maintains a broader 22 million euro fund to bridge gaps between syndicate commitments and a startup's needs, supported by founders and operators who have built global companies. The firm emphasizes a structured go-to-market approach through Launchpad, a three-phase GTM diagnostic system combining AI-powered monitoring, expert consultation, and senior operator deployment to identify and address obstacles between funding rounds. It prioritizes founder drive and execution, supports rapid decision-making, and helps founders achieve product-market fit and scalable growth while fundraising from top investors. The group targets startups with global ambitions across sectors, leveraging its network to support GTM execution, growth and fundraising.

Lemonade Stand

Lemonade Stand is a Tallinn-based early-stage venture capital firm that backs technology startups in the Baltic and East European region, with a focus on B2B companies. It provides seed-stage funding to support strong teams, promising technologies, and traction, and is open to pre-revenue or pre-product ventures, participating in seed rounds for larger opportunities and prioritizing ambitious, experienced, and diverse teams.

Ahlström Capital Oy

Ahlström Capital Oy is a private equity and venture capital firm based in Helsinki, Finland, with an additional office in Leeuwarden, Netherlands. Founded in 2001, the firm specializes in investments in middle market and mature industrial companies, focusing on sectors such as clean technology, energy, and various B2B services. Ahlström Capital typically invests between €5 million and €25 million in companies with enterprise and sales values ranging from €20 million to €500 million. The firm employs mezzanine and bridge financing strategies and often takes both majority and minority stakes in its investments. It primarily targets opportunities in Northern and Eastern Europe, particularly in the Nordic region, and aims to exit its investments within five to seven years. Additionally, Ahlström Capital makes investments in industrial real estate, contributing to industry consolidation, growth, and turnaround efforts. The firm sources its capital through its balance sheet, positioning itself as a key player in the industrial investment landscape.

DEPO Ventures

DEPO Ventures is a Prague-based venture capital firm established in 2016 that concentrates on technology startups in Europe. The firm focuses on early-stage investments across Eastern, Northern, and Southern Europe, supporting companies in sectors such as artificial intelligence, blockchain, financial technology, and technology marketplaces, as well as infrastructure-relevant areas including Defence, Space, Industry 4.0, and Energy. DEPO Ventures provides strategic funding and hands-on operational support, leveraging a broad network of industry experts and late-stage partners to help portfolio companies grow and secure follow-on financing. The firm emphasizes community engagement and professional collaboration with founders and investors, organizing events and offering structured processes to streamline funding and scaling. Based in Prague, DEPO Ventures positions itself as a dedicated partner for European tech ventures seeking technology-driven growth and resilience.

Bonnier

Bonnier is a global media group active in television, daily newspapers, business and trade press, magazines, film, books, radio and digital media. Headquartered in the Nordic region, it has a substantial presence in the United States, Germany, the United Kingdom and Eastern Europe, with operations in sixteen countries and more than 9,000 employees. Founded in 1804, Bonnier has a long history of publishing high-quality media products and combines entrepreneurship with a commitment to freedom of speech. The Bonnier family has owned the group for seven generations, guiding its strategy and growth across diverse media platforms worldwide.

VU Venture Partners

VU Venture Partners is a venture capital firm founded in 2018 and based in San Francisco. It operates as a multi-stage investor focused on consumer, enterprise, fintech and blockchain, healthtech, frontier tech, and real estate tech sectors. The firm maintains a globally distributed team and offices across North America, Asia-Pacific, Western Europe, Eastern Europe, and Latin America, enabling broad deal flow and support for portfolio companies. It targets early rounds of approximately 200,000 to 1,000,000 dollars with follow-on reserves up to 10 million, reflecting a disciplined approach to capital deployment. VU emphasizes long-term partnerships and active portfolio support through its network, helping companies with customer acquisition, partnerships, and exit readiness, with a goal of generating strong returns.

New Europe Ventures

New Europe Ventures is a boutique venture capital firm established in 2007 that makes early-stage technology investments across Europe, with emphasis on high-tech sectors such as telecom, mobile, internet and media, technology-based B2B services, medical devices, and nanotechnology, as well as deep tech, fintech, healthcare and sustainable technologies. Based in the United States, the firm targets opportunities across Europe, including Eastern Europe and Poland, by providing capital alongside strategic guidance and access to a broad network to help portfolio companies accelerate growth and scale. The firm focuses on partnering with founders to support transformative solutions and to foster a thriving European innovation ecosystem.

ExtraVallis

ExtraVallis is a venture capital firm based in Coral Gables, Florida, that invests in early-stage technology startups with a cross-Atlantic focus, connecting European opportunities with U.S. markets. It targets pre-seed to Series A rounds and concentrates on sectors and geographies including Germany, the Netherlands, the Baltics, and Scandinavia, with operations spanning Germany, Eastern and Central Europe and Scandinavia. ExtraVallis emphasizes a hands-on approach, mentoring founders on leadership, market expansion, revenue models, and KPI governance, and seeks coachable teams with potential for value creation. Its disciplined investment strategy aims for strong ROI through a focused portfolio in select industries and relatively lower valuations than U.S. peers, alongside a commitment to supporting diverse founders. The firm builds a reliable pipeline of startups through active founder relationships and ecosystem partnerships.

Mission Possible

Mission Possible is a Zurich-based venture capital firm that backs ambitious early-stage technology spin-offs, notably those emerging from Swiss research institutions such as ETH Zurich, USZ, EPFL, PSI, and EMPA, with an expanding presence in Central and Eastern Europe. It positions itself as a hands-on investor that supports founders who show rapid progress and traction, across digital, health, deep tech, and space sectors. The firm focuses on European-based companies, prioritizing opportunities in Switzerland and Central/Eastern Europe, and tends to engage teams with multi-founder profiles and a strong commitment to ethical standards and positive social or environmental impact. Through its partner network and mentorship, Mission Possible aims to help portfolio companies scale through early rounds toward meaningful growth.

Caucasus Ventures

Caucasus Ventures is a venture capital firm based in Baku, Azerbaijan, founded in 2022. It invests in technology startups across the Caucasus, Turkey, Eastern Europe, and Central Asia and provides financial support and resources to help portfolio companies grow and scale.

GR Capital

GR Capital is a pan-European venture capital firm founded in 2016 and based in London. It backs fast-growth technology companies across health, wealth, housing, and mobility by providing growth capital and strategic connections to help expand markets, talent, operations, and opportunities. The firm emphasizes proven teams, scalable business models, and market expansion, and offers co-investment opportunities and access to Eastern European markets. It supports portfolio companies with resources in research and development, human resources, and business development. The team comprises professionals with experience in finance, law, and investment management, and its portfolio includes notable companies such as Billie, Sennder, MeMakler, wefox, and Flaschenpost.

Carbide Ventures

Carbide Ventures is a Palo Alto-based venture capital firm founded in 2021 that focuses on early-stage technology startups, investing in pre-seed, seed, and Series A rounds. It backs B2B companies with the potential to disrupt large enterprises, particularly in AI, blockchain, and quantum computing. The firm provides hands-on support drawn from operators-turned-investors, with expertise in go-to-market strategy, product development, technology, and finance to help companies scale. It pursues global expansion and market-entry strategies, including US-Japan collaboration, and seeks to help entrepreneurs scale across North America, Asia, and Europe. Notable collaborations enabling guidance include OfferFit, Treasure Data, and Calyptia.
Made 1 investment in Eastern Europe

Orphinic Scientific

Orphinic Scientific is a biopharma holding company that builds and manages a portfolio of biotechnology projects across therapeutics, MedTech, and e-health. It focuses on mid-market opportunities and orphan diseases, guiding assets from late preclinical stages through early clinical development and strategic exits. The company accelerates drug development through active ownership, rigorous project selection, and value-driven clinical execution, often partnering with large pharmaceutical players. It leverages a global network, with emphasis on the Polish and Central/Eastern European biotech ecosystems, to identify opportunities and bring innovative solutions to market. Its pipeline includes projects targeting diastolic heart failure, an analgesic formulation, and a clinical trial monitoring software solution, illustrating a strategy that combines therapeutics with digital health and monitoring capabilities.

BergTop VC

BergTop VC is a Luxembourg-based venture capital firm established in 2018 as part of Witherton S.A.SPF. It targets early-stage startups, primarily seed-stage and Series A, with a focus on rapidly scalable companies and international markets, and a bias toward B2B and B2B2C models. Investments typically range from USD 50,000 to 250,000 per company, with participation in later rounds. The firm combines capital with hands-on support, offering structured mentorship and active help in fundraising, marketing, sales and management to accelerate growth. Its approach includes allocating capital across seed, Series A and follow-on rounds to back companies as they scale, with activity spanning international markets, including Eastern Europe.

Sofia Angels Ventures

Sofia Angels Ventures is a Sofia-based venture capital firm founded in 2020 that concentrates on technology startups at pre-seed and seed stages, targeting Bulgaria and the wider Southeast and Central-Eastern Europe with a broader European and global outlook. It funds a diverse portfolio across sectors including Agri-tech, Medtech, Fintech, Greentech, HRtech and AI, with investments spanning agricultural supply chains, medical devices, e-commerce, circular economy initiatives and AI-powered training platforms. It differentiates itself through a team of experienced angel investors, entrepreneurs and executives and offers accelerator-as-a-service to actively support portfolio companies' development.

Sistema Venture Capital

Sistema Venture Capital is the corporate venture capital arm of AFK Sistema, based in Moscow with an additional office in London. It invests in growth-stage technology companies worldwide, focusing on internet and related technologies, artificial intelligence and machine learning, cognitive technologies, big data, robotics, SaaS and PaaS, marketplaces, and connected devices. The firm targets both minority and controlling stakes, typically around $10 million in investments, with the aim of building market leaders over the next 3–5 years. It backs startups across early and growth stages, and prefers ventures where founders retain control. The investment scope includes the United States, United Kingdom, Western Europe, Russia, Israel and other CIS markets, with a global outlook toward scalable platform solutions and next-generation infrastructure.
Made 6 investments in Eastern Europe

Societe Generale

Societe Generale is a European financial services group offering a broad range of banking and financial services, including retail, corporate, and investment banking, as well as securities services, asset management, and payment and cash management. The group serves individuals, businesses, financial institutions, and public sector clients through a global network and emphasizes sustainable finance and the energy transition, financing renewable energy, infrastructure, and related projects. Its activities cover advisory, capital markets, structured finance, and financing solutions across sectors such as energy, infrastructure, technology, and financial services. The company pursues responsible innovation and strong governance, with focus on risk management, compliance, and transparency. By leveraging digital solutions and cross-asset expertise, Societe Generale aims to deliver stable, long-term value for clients while promoting financial inclusion and stakeholder engagement.
Made 2 investments in Eastern Europe