Investors in Poland

Showing 1-50 out of 903 matches

Inovo.vc

Inovo Venture Partners is a venture capital firm established in 2011 and based in Warsaw, Poland, with over €50 million in assets under management. The firm focuses on investing in high-growth technology companies at the pre-seed, seed, and Series A stages, particularly within the Central and Eastern European region. Inovo specializes in sectors such as developer tools, artificial intelligence, machine learning, data science, healthcare, and SaaS-enabled marketplaces. The firm has earned recognition as a leading venture capital investor in Poland, having supported over 20 companies through direct investments and as business angels. Notable investments from its first fund include Booksy and Brand24, while its second fund has backed companies like Allset and Tidio. Inovo's team comprises experienced professionals with backgrounds in prominent organizations, enabling them to effectively identify and nurture companies that are poised to transform their industries and achieve market dominance.
Made 14 investments in Poland

MCI Capital

Founded in 1999, MCI Capital is a leading Digital Private Equity investor based in Warsaw, Poland. The firm focuses on investing in digital disruption and transformation across Europe, with a particular emphasis on Central and Eastern European markets. Preferred sectors include SaaS, e-commerce, marketplace platforms, fintech, insurtech, foodtech, traveltech, and digital infrastructure. MCI Capital typically invests between EUR 25-100 million in buyout or expansion stage projects.
Made 35 investments in Poland

Enterprise Investors

Enterprise Investors, established in 1990, is a prominent private equity firm headquartered in Warsaw, Poland. Specializing in mid-market buyouts and expansion financing, the firm focuses on succession-driven transactions and high-growth enterprises across various sectors, including consumer goods and retail, financial services, IT, industrial products, business process outsourcing, and healthcare. With over three decades of experience, Enterprise Investors has raised eight funds, totaling EUR 2 billion, and invested EUR 1.7 billion across 137 companies in Central and Eastern Europe.
Made 12 investments in Poland

Kulczyk Investments

Founded in 1991, Kulczyk Investments is a private investment house that supports European companies for global growth. It makes long-term investments using its own capital and know-how, leveraging international partnerships.
Made 9 investments in Poland

Santander Bank Polska

Santander Bank Polska S.A. is a commercial bank headquartered in Warsaw, Poland, established in 1989. It caters to a diverse clientele, including individual customers, small and medium-sized enterprises (SMEs), and large corporations. The bank offers a comprehensive range of banking products and services, such as savings and current accounts, various types of loans—including housing, mortgage, and business loans—credit and debit cards, and payment solutions. Additionally, it provides electronic banking services, investment advisory services, insurance products, and access to investment funds and brokerage services. Santander Bank Polska also engages in foreign trade services, offering bank guarantees, currency exchange, and leasing options. With a network of approximately 1,000 branches and partner outlets across Poland, the bank aims to deliver tailored financial solutions efficiently. The institution was previously known as Bank Zachodni WBK S.A. before rebranding in September 2018 and operates as a subsidiary of Banco Santander S.A.
Made 2 investments in Poland

Abris Capital Partners

Abris Capital Partners, established in 2007, is a private equity firm headquartered in Warsaw, Poland, with additional offices in Leeds, UK, Nicosia, Cyprus, and Bucharest, Romania. The firm specializes in acquiring majority stakes in middle-market companies across Central and Eastern Europe, with a particular focus on Poland, Bulgaria, Romania, and Ukraine. Abris invests in a broad range of sectors, including industrial, commercial, and service businesses, as well as infrastructure and energy. It typically targets companies undergoing operational or strategic changes, succession situations, or seeking to delist from stock exchanges. The firm's investment size ranges from €15 million to €75 million, with a typical investment period of three to five years, and exits primarily through trade sales or initial public offerings. Abris does not invest in gambling, high-content alcohol beverages, drugs, prostitution, speculative real estate, start-ups (except as part of an investee company's development plans), or companies in operational distress.
Made 11 investments in Poland

Google for Startups

Google for Startups is an initiative supporting global startups. It offers access to Google's products, connections, and best practices through a network of partners in over 135 countries. The program aims to help determined startups succeed.
Made 22 investments in Poland

SMOK Ventures

SMOK Ventures is a venture capital firm based in Warsaw, Poland. It invests in early-stage startups across Central & Eastern Europe, focusing on gaming development, artificial intelligence, and software sectors.
Made 6 investments in Poland

European Bank for Reconstruction and Development

European Bank for Reconstruction and Development finances projects and provides advisory services to the public and private sectors. It supports new ventures and expansion in existing companies through project financing, loans, and equity or quasi-equity investments, including equity funds and guarantees, and it partners with private entities to invest across sectors such as banking, energy, manufacturing, infrastructure, information technology, and services. The bank also helps publicly owned entities privatize and restructure municipal services and engages in policy reform dialogue and advisory services, along with trade finance and loan syndication. Founded in 1990 and headquartered in London, it operates across regions including Southeastern and Central Europe, the Baltic States, Eastern Europe and the Caucasus, Central Asia, and parts of the Middle East and Africa, aiming to foster market-oriented change and private sector development by mobilizing capital for sustainable investments. It has invested more than €130 billion in over 5,200 projects.
Made 9 investments in Poland

Fortum

Fortum is a Finnish energy company that generates clean electricity from renewable sources such as hydro, nuclear, and solar power. It operates primarily in the Nordic and Baltic regions, Russia, Poland, and India, providing consistent district heat and electricity to residential and commercial users.
Made 1 investment in Poland

Accession Capital Partners

Accession Capital Partners, previously known as Mezzanine Management Finanz- und Unternehmensberatungs GmbH, is a private equity firm established in 2000 and headquartered in Vienna, Austria. The firm specializes in mezzanine financing, focusing on management buyouts, recapitalizations, and growth capital investments in mature, middle-market companies. Accession Capital Partners targets sectors such as financial services, healthcare, consumer goods, business services, manufacturing, and information technology, with a particular emphasis on new European Union member states in Central and Eastern Europe, including Poland, Slovakia, Romania, and Bulgaria. The firm typically invests between €5 million and €50 million in companies with sales values ranging from €10 million to €400 million, enterprise values between €20 million and €400 million, and EBITDA from €2 million to €50 million. Accession Capital Partners does not engage in investments related to real estate, alcohol, tobacco, firearms, project finance, startups, or high-tech companies. With a strong local presence and established relationships in the region, the firm has positioned itself as a preferred partner for financial sponsors and business owners.
Made 12 investments in Poland

mBank

mBank is a full-service commercial bank headquartered in Warsaw, Poland, established in 1986. It is recognized as a leader in e-banking, offering a wide range of financial services that include retail, corporate, and investment banking. The bank provides additional services such as leasing, factoring, commercial real estate financing, brokerage operations, wealth management, corporate finance, and capital markets advisory. Its client base is diverse, encompassing micro firms, large corporations, and public institutions. Commerzbank holds a majority interest in mBank, reinforcing its position in the Polish financial market. The bank's mission focuses on maximizing benefits and convenience in both personal and corporate finance.
Made 1 investment in Poland

Innova Capital

Innova Capital is a Warsaw-based private equity firm founded in 1994 that targets mid-market buyouts in Poland and Central Europe. It invests across sectors such as financial services, business services, technology, manufacturing, consumer products and services, healthcare, and retail. The firm focuses on growth-oriented companies and seeks exits within three to five years through strategic sales or initial public offerings.
Made 19 investments in Poland

European Investment Bank

European Investment Bank is the EU's long-term lending institution owned by its member states. It finances public and private sector projects across transportation, energy, telecommunications, health, education, water, housing, and other sectors in the European Union and beyond. The bank provides a range of financing tools including project loans, guarantees, debt and equity investments, and risk-sharing arrangements, as well as microfinance and venture capital funds. It also offers advisory services, infrastructure funding, and support for urban development, PPPs, and sustainable energy projects. Through infrastructure and environmental funds and partnerships with banks and intermediaries, it supports SMEs, innovation, and the transition to a low-carbon economy.
Made 4 investments in Poland

SpeedUp Venture Capital Group

Founded in Poznan, Poland, SpeedUp Venture Capital Group invests in early-stage companies across Central and Eastern Europe. They focus on innovative solutions in sectors such as consumer internet, fintech, martech, adtech, medtech, IoT, hardware, machine learning, AI, and more.
Made 9 investments in Poland

Sunfish Partners

Founded in 2016, Sunfish Partners is a venture capital firm based in Berlin, Germany, with an additional office in Warsaw, Poland. The firm specializes in early-stage investments, focusing on deep tech startups in sectors such as space, defense, health tech, AI, robotics, and other innovative technologies. Sunfish Partners primarily invests in companies from Central and Eastern Europe (CEE), with a dedicated focus on Poland.
Made 3 investments in Poland

AIP Seed

AIP Seed is a venture capital fund investing in early-stage technology companies globally. Founded by Dariusz Żuk, it focuses on Polish founders and the diaspora building transformative technologies. The firm offers strategic expertise alongside capital through Competence Hubs, supporting areas like AI, marketing, and finance. AIP Seed prioritizes quality over quantity, seeking visionary founders aligned with its long-term commitment.
Made 3 investments in Poland

Black Pearls VC

Black Pearls VC is an early-stage venture capital firm founded in 2008 and based in Gdańsk, Poland. It invests across Northern and Central Europe, focusing on deep tech and enterprise software with a sector-agnostic, B2B orientation. The firm seeks defensible technology with the potential to become market leaders and typically acts as an initial investor to help founders scale and gain global reach. Its portfolio includes Digital Health, Fintech, and Future of Work, among others, with a European emphasis on the Baltic Sea Region. Black Pearls VC is recognized as the first Polish VC fund in the Kauffman Fellows network.
Made 5 investments in Poland

Resource Partners

Resource Partners is an independent private equity firm based in Warsaw, Poland, founded in 2009. It focuses on investments in the consumer goods and services sectors and provides capital for development, management buy-ins and buyouts of companies in Central Europe. The firm pursues opportunities across regional markets and has experience with investments in financial institutions and funds, reflecting a diversified approach.
Made 7 investments in Poland

Innova Capital

Innova Capital is a private equity firm focused on growth capital, buyouts, buyins, bridge financing, founder succession, spin-offs, buy-and-build, replacement capital, platform strategies, and cross-border expansion in mature and mid-market companies. It does not invest in turnarounds or startups. The firm targets industries including construction, manufacturing, energy, technology, media, financial services, consumer goods, telecommunications, healthcare, outsourcing, and other business services, with a geographic focus on Central Europe and Central Eastern Europe, particularly Poland, Slovakia, Croatia, Hungary, Romania, Moldova, the Czech Republic, Bulgaria, Germany, and Austria. Typical deal sizes range from €5 million to €75 million in equity, with enterprise values between $50 million and $184 million, and it pursues both majority and minority stakes. It can provide additional equity, debt, and mezzanine capital through its network of co-investors and lenders. Investments typically span three to five years, with exits by sale to a strategic investor or via an initial public offering. The firm is headquartered in Warsaw and operates an office in Bucharest; it was founded in 1994.

Innovation Nest

Innovation Nest is a venture capital firm based in Kraków, Poland. It invests in early-stage B2B SaaS startups across Europe and helps them scale from local to global by leveraging its network and in-house expertise, supporting portfolio companies in expanding internationally, including establishing a presence in Silicon Valley to accelerate growth and reach new markets.
Made 14 investments in Poland

EEC Ventures

EEC Ventures is a venture capital firm headquartered in Warsaw, Poland, that invests in technology-driven sectors such as utilities, energy, environment, sustainable development, and advanced materials. It backs early-stage and growth-stage companies and supports them with capital and strategic guidance. The firm targets opportunities in power engineering, Industry 4.0, the Internet of Things, information and communication technology, cybersecurity, process efficiency, smart utilities, energy infrastructure, artificial intelligence, big data, circular economy, and material engineering. EEC Ventures aims to create value by promoting resource efficiency, reducing environmental impact, and advancing infrastructure and utility systems. By funding companies that address trends like resource optimization, CO2 emissions reduction, and waste minimization, the firm positions itself at the intersection of technology and sustainability.
Made 7 investments in Poland

Xevin Investments

Founded in 2008, Xevin Investments is a venture capital firm based in Warsaw, Poland. It provides investment and advisory services, focusing on early-stage companies and projects in need of capital to achieve their business goals.
Made 12 investments in Poland

OTB Ventures

OTB Ventures is a prominent venture capital firm established in 2017, with offices in Amsterdam, Netherlands, and Warsaw, Poland. The firm specializes in investing in early growth, deep tech and real tech startups, focusing on late Seed, Series A, and B funding rounds. OTB Ventures has a distinct advantage in accessing deal flow from Central and Eastern Europe (CEE), targeting innovative companies that develop unique technologies in four key sectors: SpaceTech, artificial intelligence and automation, fintech, and cybersecurity. As the largest venture capital firm originating from the CEE region, OTB Ventures manages over $300 million in assets.
Made 4 investments in Poland

EASME

EASME is a European Union executive agency that supports small and medium-sized enterprises and promotes innovation in Europe. It manages projects in the areas of small and medium-sized enterprises, as well as the environment, energy, and maritime sectors, funded by COSME, LIFE, and EMFF. EASME organizes the European Sustainable Energy Week and serves industries such as environmental management, energy production, and maritime activities.
Made 28 investments in Poland

Protos Venture Capital

Protos Venture Capital is a venture capital firm established in 2012 and located in Warsaw, Poland. The firm specializes in funding early-stage internet businesses, particularly those involved in Software-as-a-Service (SaaS), marketplace, lead-generation, and e-commerce sectors. Protos Venture Capital focuses on supporting innovative mobile projects and aims to foster the growth of promising startups within the Polish market.
Made 9 investments in Poland

Unfold.vc

Unfold.vc is a venture capital firm based in Wrocław, Poland, established in 2007. The firm specializes in investing in technology companies, focusing on sectors such as software as a service (SaaS), gaming, bioinformatics, and robotics as a service (RaaS). Unfold.vc seeks innovative projects with the potential to transform industries and achieve global success. With a team of experienced professionals, the firm leverages its extensive knowledge to identify and support promising technology ventures.
Made 7 investments in Poland

KAYA

KAYA is a venture capital firm that emerged from Enern Investments, a financial group established in 2010 in Prague. It focuses on investing in technology-driven companies, particularly those with potential for significant growth in the Central and Eastern European (CEE) region. With a portfolio of over 40 investments, KAYA aims to support and nurture entrepreneurial talent in various sectors, especially those leveraging network effects. The firm operates independently from Enern, which manages a broader range of investments across clean energy, tech, and real estate. KAYA represents a dedicated approach to venture capital, with a commitment to fostering innovation and development in the tech industry.
Made 7 investments in Poland

Tar Heel Capital Pathfinder

Tar Heel Capital Pathfinder is a venture capital investment firm established in 2017 and located in Warsaw, Poland. The firm focuses on early-stage technology businesses, particularly in sectors such as big data, cloud computing, e-sports, fintech, marketing technology, and software as a service (SaaS). In addition to providing financial support, Tar Heel Capital Pathfinder offers startups comprehensive technological, business, and marketing expertise, along with access to a valuable network of contacts. This approach is designed to accelerate the growth of portfolio companies and enhance their competitive positioning in global markets. The firm has successfully achieved notable exits, including significant acquisitions in the tech sector.
Made 5 investments in Poland

Avallon

Founded in 2001, Avallon is a Lodz-based private equity firm specializing in mid-market investments across Central and Eastern Europe. The company focuses on consumer goods, manufacturing, healthcare, and technology sectors, with a particular expertise in management buy-out transactions.
Made 12 investments in Poland

LT Capital

LT Capital is a venture capital firm founded in Krakow, Poland in 2017. It focuses on investing in early-stage companies in the technology sector across Central and Eastern Europe, with a particular emphasis on Poland.
Made 4 investments in Poland

Experior Venture Fund

Experior Sp. z o.o., Investment Arm is a venture capital firm based in Warsaw, Poland, focused on providing growth and expansion capital to small and medium-sized enterprises. Founded in 2013, the firm specializes in investing in software and tech-enabled companies that offer innovative products, marketing strategies, and technical solutions across various sectors, including IT, healthcare, IoT, and mobile. Experior typically invests between €500,000 and €3 million in equity, aiming to take either majority or slightly larger minority stakes in its portfolio companies. The firm prioritizes investments in companies that are either introducing new products to the market or expanding their operations, and it generally seeks to exit its investments within three to five years.
Made 7 investments in Poland

Aligo

Established in 2011, Aligo specializes in early-stage investments, focusing on companies with a project team and initial clients. They concentrate on sectors such as health tech and cleantech.
Made 2 investments in Poland

Kogito Ventures

Kogito Ventures is a venture capital investment firm based in Warsaw, Poland, founded in 2016. The firm specializes in investing in various sectors, including business products, business services, financial services, information technology, mobile applications, software as a service, e-commerce, and emerging technologies such as blockchain and big data. Kogito Ventures collaborates with angel investors to create 50/50 syndicates, with investment tickets ranging from PLN 0.5 million to PLN 2 million per opportunity, and has the capability to follow on with additional funding of up to PLN 4 million per company. The firm engages in investment rounds from Pre-Seed to Series A and is a participant in the Biznest program, supported by the Polish Development Fund, which has allocated PLN 30 million for investments, matched by co-investing business angels.
Made 3 investments in Poland

RTA Ventures

RTA Ventures, founded in 2011, is a venture capital firm with a focus on early-stage investments in online businesses, particularly in the healthcare sector. The firm is headquartered in New Hudson, Michigan, and has additional presence in Berlin, Germany, and Warsaw, Poland. RTA Ventures specializes in a range of sectors including healthcare, information technology, software as a service (SaaS), and mobile technologies. The firm aims to identify and support innovative companies that demonstrate potential for growth, particularly those with business models centered around digital solutions and marketplaces.
Made 8 investments in Poland

Next Road Ventures

Founded in 2019 and based in Warsaw, Poland, Next Road Ventures is a venture capital firm focusing on early-stage companies across Europe, with a particular emphasis on Central and Eastern Europe. The firm invests primarily in SaaS and marketplace sectors.
Made 3 investments in Poland

RST Ventures For Earth

RST Ventures For Earth is a venture capital firm located in Wroclaw, Poland, established in 2018. The firm specializes in investing in early-stage and later-stage technology companies, focusing on sectors such as renewable energy, industrial automation, robotics, the Internet of Things (IoT), advanced materials, and artificial intelligence. RST Ventures aims to support innovative projects that contribute to a cleaner environment and sustainable development through its investments in both hardware and software solutions. The firm seeks to foster growth in various industries, including cleantech, advanced manufacturing, and business services, thereby promoting technological advancements that align with its mission.
Made 4 investments in Poland

Spire Capital Partners

Established in 2021, Spire Capital Partners is a private equity firm headquartered in Luxembourg. It focuses on investing in mid-cap companies within the technology and digital transformation space, specifically targeting tech-enabled services, software, and e-commerce sectors.
Made 1 investment in Poland

bValue

bValue is a venture capital firm based in Warsaw, Poland, established in 2016. It specializes in investing in early-stage companies primarily located in Central and Eastern Europe. The firm focuses on technology, tech-enabled, and innovation-driven businesses, providing growth capital to ambitious entrepreneurs in the region. bValue aims to foster innovation and digitalization, offering strategic and tactical support to regional category leaders seeking international expansion. The firm manages a growth equity fund and is also involved with an early-stage venture capital fund that targets various sectors, including communications, software, consumer products, and IT services. Through its investments, bValue seeks to play a pivotal role in the development of the entrepreneurial ecosystem in Central Europe.
Made 3 investments in Poland

Alfabeat

Alfabeat is a venture capital firm founded in 2015, based in Gdansk, Poland, with an additional office in Warsaw. The firm specializes in seed and early-stage investments, focusing on B2B enterprise software start-ups primarily in the Central and Eastern European region. Alfabeat aims to support innovative companies within the enterprise SaaS and information technology sectors, typically investing between EUR 0.25 million and 1 million in each venture. With a track record that includes backing successful enterprise software founders and involvement with a unicorn, Alfabeat is dedicated to fostering growth in the technology landscape of its target markets.
Made 3 investments in Poland

Warsaw Equity Group

Warsaw Equity Group (WEG) is an independent private equity and venture capital firm based in Warsaw, Poland, established in 1993. The firm specializes in small market investments ranging from €1 million to €10 million, primarily targeting innovative B2B companies in sectors related to High-Tech and Industry 4.0. WEG focuses on businesses that are either profitable or on the verge of profitability, with proven product portfolios and ambitious management teams. Its investment strategy emphasizes areas such as artificial intelligence, big data, IoT, additive manufacturing, cybersecurity, robotics, and environmental technology. With over 20 years of experience, WEG combines its own capital with operational and strategic expertise to foster the growth of its portfolio companies. The firm actively collaborates with management teams to enhance their skills and support business development, aiming for long-term, sustainable growth.
Made 3 investments in Poland

Czysta3.vc

Founded in Poland in 2017, Czysta3.vc is a venture capital firm focusing on early-stage technology companies. It invests primarily in software, proptech, martech, e-commerce, cloud tech, fintech, and HRtech sectors, with an average investment of PLN 1 million per company.
Made 2 investments in Poland

Simpact Ventures

Simpact Fund Sp. z o.o. is a venture capital firm based in Warsaw, Poland, that focuses on growth capital and early-stage investments in technology-driven startups. As the first impact investment venture capital fund in the country, Simpact aims to support ventures that demonstrate high business potential while also delivering positive social or environmental outcomes. The firm primarily invests in the information technology sector across Central and Eastern Europe, with funding ranging from EUR 0.1 million to EUR 2 million. Simpact is dedicated to empowering founders to create companies that align profitability with purpose, contributing to meaningful change in society.
Made 4 investments in Poland

Market One Capital

Market One Capital, established in 2017 and based in Warsaw, Poland, is a venture capital firm focusing on early-stage investments in Europe. The company specializes in backing pre-seed and seed-stage companies that develop innovative platforms, combining elements such as marketplaces, software, AI, fintech, and logistics to deliver comprehensive solutions. These platforms aim to democratize market access and enhance efficiency through network effects, targeting both B2B and B2C sectors. Market One Capital typically invests between EUR 0.2 to EUR 1.5 million per company.
Made 3 investments in Poland

Cogito Capital Partners

Cogito Capital Partners is a venture capital firm established in 2018, with headquarters in Warsaw, Poland, and additional offices in Luxembourg, New York, and Berlin. The firm specializes in growth capital and focuses on late-stage and emerging growth companies, primarily within the B2B technology sector. Cogito invests in critical areas such as enterprise software, fintech and insurtech, medtech diagnostics, telemedicine, and the Internet of Things. The firm targets investments in the European market and the United States, acquiring minority stakes in its portfolio companies. Cogito Capital Partners partners with entrepreneurs to support businesses that have the potential for significant regional and global expansion.
Made 1 investment in Poland

Tangent Line Ventures

Founded in 2022, Tangent Line Ventures is a venture capital firm based in Warsaw, Poland. It invests in early-stage industrial technology startups across various sectors including industry 4.0, life sciences, technical and environmental sciences, material technologies, and information technology.
Made 1 investment in Poland

FundingBox Deep Tech Fund

FundingBox Deep Tech Fund is a venture capital firm founded in 2020 and based in Warsaw, Poland. It provides early-stage funding to technology startups across Europe, with a focus on deep tech and related sectors such as software, robotics, drones, artificial intelligence and machine learning, big data, health tech, insurtech, fintech, cybersecurity, edtech, and web3. The fund targets opportunities in software, hardware and data-driven applications and typically pursues investments up to one million euros, supporting a limited number of portfolio companies.
Made 2 investments in Poland

Plug and Play Tech Center

Plug and Play Tech Center, established in 2006, is a global innovation platform that connects startups, investors, and corporations. Based in Sunnyvale, California, with operations in 22 locations worldwide, the company runs 12 industry-specific accelerator programs twice a year, fostering collaboration between major corporations and high-quality startups. These programs span sectors such as Fintech, Insurtech, IoT, Brand & Retail, Mobility, and Health & Wellness, among others. Plug and Play invests in seed, angel, and Series A rounds, with a focus on great teams leading emerging growth companies. Since inception, their startup community has raised over $9 billion in venture funding, with notable success stories including Dropbox, PayPal, and LendingClub.
Made 7 investments in Poland

Archicom

Archicom is a Poland-based real estate company specializing in property development and construction. The firm focuses on creating residential and office buildings, contributing to various significant projects such as Olimpia Port, Fourth Dimension, River Point, and Four Seasons. In addition to development, Archicom offers commercial services, positioning itself as a key player in the Polish real estate market.

Highlander Partners

Highlander Partners, founded in 2004 by Laurence E. Hirsch and Michael R. Nicolais, is a private equity firm headquartered in Dallas, Texas. The company focuses on direct private equity and mezzanine investments in light manufacturing, basic materials, food products, business services, industrial services, and value-added distribution companies across North America and Central Europe.
Made 5 investments in Poland