The EBRD is an international financial institution founded in 1990 and headquartered in London that provides project financing and advisory services to support private sector development and transformation in emerging markets. It finances banks, industries, and businesses, supports new ventures and investments in existing companies, and helps privatize and restructure municipal services in publicly owned entities. Through its banking and treasury activities, it offers loans, equity and quasi-equity investments, guarantees, and equity funds for smaller enterprises, along with trade finance and loan syndication. It works with commercial partners to invest in private enterprises across sectors including energy, manufacturing, ICT, infrastructure, agribusiness, and real estate, across Europe, the Middle East and beyond, including a significant footprint in Central and Eastern Europe, the Baltics, and the Caucasus. It provides policy reform dialogue and advisory services to support market modernization, governance, and reform. It has invested over €130 billion in more than 5,000 projects.

South Central Ventures is a venture capital firm founded in 2015 with a focus on the Balkans and Adriatic region. It conducts direct startup and growth investments and collaborates with other investment vehicles to back technology companies across sectors such as ICT, software-as-a-service, mobile, IoT, HealthTech, FinTech, and digital media, with regional emphasis on Croatia, Serbia, Slovenia, and North Macedonia. The firm operates from offices in Ljubljana, Zagreb, Belgrade, and Skopje to support local founders and accelerate regional growth. It targets early- to growth-stage opportunities and typically takes minority stakes to help companies scale internationally, often backing ventures capable of competing in global markets. By combining regional network strength with selective capital, South Central Ventures aims to connect Balkan tech firms with international investors and customers while building a sustainable local start-up ecosystem.

Global Finance is an independent investment firm founded in 1991 in Athens, Greece, and has been a pioneer of private equity and venture capital in Southeast Europe. Its operations include private equity fund management, real estate development, and advisory services, with equity investments in mid-market companies across sectors such as manufacturing, information technology, specialty retail, media and entertainment, healthcare, telecommunications, and services. The firm concentrates on opportunities in Greece and neighboring Southeast European markets and maintains a regional footprint with offices and activity in Sofia, Belgrade, Bucharest, and London. Typical investments are up to €40 million in Greece and up to €15 million for Eastern European ventures. Exit options include trade sales, initial public offerings, management buybacks, and sales to other investors. Global Finance aims to create value for investors and dynamic companies by supporting growth and improving operational performance in Southeast Europe.

Zühlke Group is a Swiss-based technology consulting and digital transformation company that supports healthcare, finance, energy and manufacturing sectors. It combines digital strategy, engineering and agile delivery, with capabilities across cloud, AI, data, and cybersecurity to enable clients to enhance products, streamline processes and drive sustainability, from concept to implementation and operation. Founded in 1968, it operates local teams in Austria, Germany, Serbia, Switzerland and the United Kingdom.

Founded in 2023, Fifth Quarter Ventures is a venture capital firm based in Novi Sad, Serbia. It focuses on investing in early-stage startups operating in open-source software, Industry 5.0, artificial intelligence, development tools, cryptocurrency, web3, and other technology sectors across the Adriatic region.

IFU is a venture capital and private equity firm based in Copenhagen, Denmark, that specializes in providing equity, mezzanine financing, loans, and guarantees to projects in developing countries. Established in 1967, IFU focuses on creating and financing new businesses, joint ventures between Danish companies and local partners, and acquiring existing ventures. The firm primarily invests in sectors such as commercial services, biofuels, renewable energy, and irrigation systems, with a particular emphasis on climate and agribusiness. Investments are targeted at countries with a low gross national income per capita, as defined by specific criteria, and include regions across Africa, Asia, Europe, and Latin America. IFU typically invests between DKK 0.5 million and DKK 100 million and often seeks co-investment opportunities with Danish firms. The firm also supports small and medium-sized enterprises and provides advisory services for business investments in developing markets. With a preference for board membership, IFU aims to exit investments within five to seven years, ensuring a positive return for its stakeholders.

BlackPeak Capital is a growth equity and private equity firm based in Sofia, Bulgaria, with offices in Bucharest, Ljubljana and Vienna. It targets high-growth SMEs in Southeast Europe and parts of the EU, investing equity, mezzanine and other hybrid forms of capital, as well as follow-on rounds. The firm operates as a generalist investor across niche manufacturing, FMCG, information technology, industrials and healthcare, favouring export-oriented companies or those with unique technology or strong local market positions. Typical ticket sizes are in the low to mid single-digit millions of euros per transaction, with the potential for significant minority or majority stakes and co-investments. Investments can involve early and mid-venture, small buyouts and inorganic growth through acquisitions, and exits are pursued via trade sales or IPOs. The firm was founded in 2014 and focuses on Southeast Europe, including Romania, Bulgaria, Slovenia, Croatia and Serbia.

SmartHub is a venture capital firm and funding platform based in San Francisco that connects technology startups with investors and supports the investment process. It provides investors with tailored portfolios, research, deal structuring, legal paperwork, quarterly reporting, and protection of investment rights through exit, while offering startups rapid feedback, deal opportunities, strategic development support, networking, and fundraising guidance.

European Investment Fund (EIF) is a public institution established in 1994 to improve access to finance for Europe's small and medium-sized businesses. It designs and develops venture capital and guarantee instruments to support SMEs and to catalyse private investment, aiming to build a robust European equity ecosystem. EIF engages in venture capital, growth capital, and guarantee operations, backing innovative entrepreneurs primarily in technology and life sciences, as well as across other sectors. Through cornerstone investments and fund participation, EIF seeks to crowd in private investors and stimulate venture activity across Europe. Its equity portfolio has grown substantially, with assets under management exceeding EUR 14 billion, reflecting its broad role in strengthening SME finance and supporting entrepreneurship and growth.

Eleven Ventures is a Sofia, Bulgaria-based venture capital firm and accelerator that backs early-stage technology startups in Southeast Europe. Founded in 2012, it has supported hundreds of ventures and focuses on fintech, healthcare, the future of work, and the future of food, with broad exposure to software-enabled sectors. The firm runs accelerator programs that provide capital, office space, back-office services, and mentorship, along with subsequent funding options to help portfolio companies scale in Bulgaria and neighboring markets.

LAUNCHub Ventures is a Bulgaria-based venture capital firm founded in 2012 and based in Sofia that invests in seed- and early-stage technology startups in Southeastern and Central Europe. The firm typically makes initial investments from €300,000 to €2 million and can provide follow-on support up to around €4 million across portfolio rounds. It backs startups across AI/ML, SaaS, future of work, proptech, crypto and blockchain, devtools, marketplaces, health tech, fintech, hardware, robotics, and related enterprise and consumer sectors, prioritizing scalable businesses with initial traction. LAUNCHub Ventures focuses on founders from SEE and CEE regions, partnering with them beyond capital and offering programs such as a Series A academy to help achieve milestones and raise subsequent rounds. The approach aims to strengthen the regional startup ecosystem and attract attention from global investors.

HBM Healthcare Investments is a Switzerland-based investment firm founded in 2001 and based in Zug. It concentrates on the healthcare sector, spanning human medicine, biotechnology, medical technology and diagnostics. The firm maintains a diversified portfolio that includes private companies, public companies, funds, cash and other assets, reflecting exposure across different stages and sectors within healthcare.

Beringea is an international venture capital and private equity firm founded in 1988 and headquartered in Michigan, with offices in the United States and the United Kingdom. It invests in growth-stage companies across the United States and the United Kingdom, providing equity and debt capital and hands-on support to management teams. The firm has a portfolio spanning sectors such as media, health care and life sciences, Internet technologies, advanced manufacturing, clean tech and consumer goods, and leverages its experience to help companies develop strategy, evaluate growth opportunities, and scale operations.

SIX FinTech Ventures is the corporate venture capital arm of SIX Group, based in Zurich, Switzerland. It invests in global early-stage fintech startups from seed to Series A, focusing on wealth management, capital markets, RegTech, and token ecosystems, and leveraging technologies such as blockchain, artificial intelligence, big data, IoT, and AR/VR. The firm targets opportunities in Switzerland, Western Europe, and opportunistically in other regions, with initial tickets typically ranging from CHF 0.2 to 3 million.

Rockaway Capital is a Prague-based venture capital firm and sector-focused holding founded in 2013 by Jakub Havrlant. It concentrates on digitally enabled businesses across e-commerce, online grocery, last-mile logistics, e-travel, fintech, media and blockchain, with portfolio activity across the DACH region, Central and Eastern Europe and the Balkans. The firm takes an active role in its portfolio, supporting management and operations where needed to accelerate growth. Portfolio companies have achieved substantial scale, with aggregated sales of over 2.5 billion euros and more than 5,000 employees across 17 European countries. The group emphasizes leveraging the digital economy to disrupt traditional business models and seeks opportunities across digitally enabled sectors throughout Europe.

Keiretsu Forum is an international investment community of accredited private equity investors, venture capitalists and corporate/institutional investors. Founded in San Francisco in 2000, it operates as a worldwide network that structures access to high-quality deal flow and investment opportunities through regional chapters across the United States, Europe and Asia. It is described as the world’s largest invitation-only angel investor network, with thousands of investor members who participate in funding opportunities for early- to growth-stage companies in technology, healthcare, energy, consumer products and other sectors. The forum emphasizes collaboration among members and partner resources to support due diligence, syndication and capital deployment, enabling private capital to back high-potential ventures.

Blumberg Capital is a San Francisco-based venture capital firm founded in 1991 that backs early-stage technology companies. It focuses on AI-driven B2B software and enterprise technologies across fintech, data analytics, cybersecurity, healthtech, and supply chain, typically investing at seed and Series A and providing active board involvement and hands-on guidance. The firm has backed notable companies such as Addepar, Braze, Nutanix, Hootsuite and Trulioo, and maintains offices in San Francisco and Tel Aviv.

Inovia Capital is a Montreal-based venture capital firm established in 2007 that backs technology founders with global ambitions. It operates as a full-stack investor, providing capital, mentorship, and access to a worldwide network to support early- and growth-stage software startups. The firm targets software-driven companies across North America and Europe, including business-to-business and business-to-consumer SaaS, as well as sectors such as commerce, digital health, enterprise platforms, the future of work, security, travel, and hospitality, along with applied services and infrastructure. It emphasizes forming long-term partnerships and helping portfolio companies scale internationally.

Founderful is a Zurich-based venture capital firm that invests in early-stage technology startups, with a focus on Switzerland. Established in the late 2010s, the firm backs founders across sectors including business and consumer services, energy, financial services, software, and materials and resources, aiming to help portfolio companies grow and compete globally.

High-Tech Gründerfonds is a Germany-based seed and early-stage venture capital firm focused on technology companies in Germany. Based in Bonn with an additional office in Berlin, it operates as a public-private partnership that supports high-tech startups across information technology, software, hardware, life sciences, chemistry and related fields. HTGF provides initial funding and follow-on capital to eligible young companies, often taking minority stakes and participating as lead or co-investor, while offering hands-on guidance from experienced investment managers and startup experts. Since its founding in 2005, the firm has backed numerous startups and facilitated the growth of portfolio companies through multiple funds aimed at early stages. The model combines both public support, involving government and financial institutions, with private investor participation to nurture startups from concept to market.

LVL1 Group is a London-based private investment firm and family office that invests across multiple asset classes and geographies. Founded in 2014, it pursues minority seed, early-stage, and later-stage opportunities in startups, taking a flexible and opportunistic approach not bound by mandates or fixed investment horizons. The firm works closely with founders to forge strategic relationships and help them succeed, prioritizing ventures with potential for global impact, including in online travel, gaming, eSports, and content and community platforms.

Paribu operates a platform that provides fast, easy, and secure cryptocurrency transactions for users.

Presto Ventures is a Prague-based venture capital firm founded in 2016 by Přemysl Rubeš. It invests in early-stage technology startups across NATO and allied nations, focusing on seed and Series A rounds. Based in the Czech Republic, the company provides portfolio founders with resources and guidance to accelerate development and achieve local and global success, prioritizing impactful, fast-growing tech companies in the Central and Eastern Europe region.

Hivemind Capital is a New York-based venture capital firm founded in 2021 that concentrates investments in digital assets, web3, blockchain, and technology sectors. The firm operates as a blockchain-focused investor and registered investment adviser, backing companies involved in cryptocurrency, blockchain infrastructure, and related financial services.

WWVentures is a venture capital firm founded in 2021 and based in Road Town, British Virgin Islands. It focuses on investments in web3 and cryptocurrency ventures, and provides social capital to support rapid user and community growth. The firm emphasizes backing by prominent gamers, athletes, and content creators, leveraging their networks to help portfolio projects scale. WWVentures aims to connect innovative projects with strategic partners and resources to advance adoption and ecosystem development in decentralized technologies.

Noventiq is a global solutions and services provider specializing in digital transformation and cybersecurity. It offers three product lines—Software and Cloud, Services, and Hardware—and serves customers across about 60 countries, including Latin America, EMEA, and APAC, with India among them. The company delivers cybersecurity services, future workplace solutions, IT infrastructure and multi-cloud deployment, transformation and management, digital solutions, and Software Asset Management to help enterprises modernize IT, secure operations, and optimize cloud strategies.

Sacramento Angels is an angel investor group based in Sacramento, California, founded in 2000. It is a membership-based organization of accredited investors who invest in early-stage Northern California companies. Members meet monthly over dinner to hear presentations from candidate companies, conduct due diligence, and share insights; each member makes independent investment decisions. The group leverages diverse backgrounds, including executives, entrepreneurs, attorneys, and venture professionals, to assist portfolio companies with strategy, team building, and fundraising. Sacramento Angels focuses on investing in and working directly with emerging technology companies throughout Northern California.

OurCrowd is an Israel-based venture investing platform that enables institutions and individuals to invest in and engage with emerging companies. It vets and selects opportunities, invests capital, and provides its global network with access to co-investment, connections, talent, and deal flow. The platform supports portfolio companies with mentorship, industry advisors, and guidance through follow-on rounds, creating growth opportunities through its multinational partnerships. Headquartered in Jerusalem, it maintains offices in the United Kingdom, Asia, the United States, North America, and Australia. OurCrowd invests across sectors such as transportation tech, greentech, enterprise solutions, telecommunications, web and fintech, medtech, cybersecurity, artificial intelligence and machine learning, the Internet of Things, 3D printing, digitally enabled agriculture, autonomous robotics, blockchain, and AR/VR, and also focuses on digital health, energy and agtech. It seeks to take board seats in portfolio companies and operates as an independent venture investment platform with a global footprint, supporting opportunities in Israel, Asia Pacific, and the United States.

Munich Re is a global reinsurance company that offers reinsurance and related risk solutions, including agricultural reinsurance, life and health reinsurance, corporate risk solutions, and cyber risk coverage, as well as consulting services. It underwrites reinsurance for property, casualty, life, health, and cyber risks and supports primary insurers and other clients through risk transfer, risk assessment, and analytics to help manage exposure and capital.

OpenOcean is a pan-European venture capital firm headquartered in Helsinki, Finland, with offices in Helsinki and London. Founded in 2008, it pursues early-stage technology investments across Europe, typically leading or co-leading Series A rounds and focusing on companies that drive the data economy, particularly B2B platforms and Enterprise Software. The firm operates around three theses—Automation, Data Infrastructure, and the Future of Software Development—and generally makes initial investments near €5 million. OpenOcean emphasizes deep technical understanding of software stacks to identify and back category-defining startups with global scaling potential. Its founding team traces to members behind MySQL AB, who later helped create MariaDB, reflecting a strong technical heritage in software infrastructure and a practical approach to building growth companies.

Microequities is a Sydney-based boutique asset and fund management firm focused on value-driven investing in microcap and small-cap listed companies. It began in 2005 as an investment research house focused on ASX-listed microcaps and expanded into funds management in 2009 with its Deep Value Microcap Fund. It currently manages three microcap funds and a venture capital fund, with more than $300 million in funds under management, and provides investment services to investors while pursuing venture opportunities through its VC activities.

Serendipity Capital is a Singapore-based venture capital firm operating through a permanent capital vehicle. Founded in 2019, it pursues long-term investments in companies that advance disruptive themes such as artificial intelligence and machine learning, climate and sustainability, quantum technologies, and security. The firm targets opportunities at the intersection of technology and critical infrastructure, with a focus on solutions that enable the adoption of advanced tech by financial institutions. It supports portfolio companies with capital, access to strategic partners, and hands-on operational guidance to help them reach scale and impact.

VentureFriends is a venture capital firm based in Athens, Greece, specializing in seed and pre-seed investments in tech-enabled startups across Europe. It backs early-stage companies in fintech, proptech, marketplaces, B2B software as a service, e-commerce, IT, and related sectors, with typical checks ranging from a few hundred thousand to a couple of million euros and potential follow-ons. The firm emphasizes a founder-friendly approach, drawing on the experience of ex-entrepreneurs and angel investors to support growth and go-to-market efforts. Investments target companies capable of building durable moats and scalable businesses, primarily in Europe, with activity across the broader EMENA region. The firm is credited with establishing a presence in Athens and focusing on a broad tech-enabled toolkit for portfolio development, networks, and strategic guidance.

Piton Capital is a London-based venture capital and growth equity firm that focuses exclusively on network effects businesses, including marketplaces, exchanges and platforms, as well as data network effects, user-generated content, and SaaS models with potential network effects. The firm is stage- and style-agnostic and invests from seed to late stage, with typical investments ranging from €200,000 to €15 million.

Orion Resource Partners is an investment firm that provides flexible capital solutions to mining and natural resources companies worldwide. The firm focuses on debt, structured equity, and production-linked financing for base and precious metals projects, and also utilizes off-take arrangements, streaming, and royalties as part of its financing approach. With a disciplined, risk-adjusted investment process, Orion evaluates opportunities across publicly traded and private entities in the metals and materials sectors and offers capital solutions tailored to project development, production timelines, and capital structure needs. Headquartered in New York, the firm serves clients globally, aiming to align financing with value creation in mining ventures.

StartLabs is an early-stage fund investing in startups from Western Balkans. It provides up to $50,000 and mentorship during a six-month program, with no fees taken out.

Flat6Labs is a Cairo-based seed and early-stage venture capital firm and accelerator in the MENA region. Since 2011 it has built a network of startup programs that support entrepreneurs from pre-seed through pre-Series A, and operates offices across the region including Cairo, Abu Dhabi, Amman, Beirut, Jeddah, Manama, and Tunis. The firm regularly funds more than 100 startups annually and provides a range of investment tickets from 50,000 to 500,000, supported by a broad investor network and extensive mentorship, investor, and corporate connections. Flat6Labs focuses on accelerating the growth of technology-driven startups by combining capital with mentorship, partnerships, and opportunities to scale regionally.

Marubeni Corporation is a Tokyo-based general trading company, a sogo shosha, that operates as a global trading intermediary across a broad range of sectors. It handles import and export and participates in upstream production and downstream distribution, with activities spanning energy, petroleum, metals, chemicals, minerals, and non-resource businesses such as machinery, food, textiles, real estate, and retail. The company trades and processes a wide array of goods, provides engineering, procurement and construction services, and invests in infrastructure, power generation, and related projects. With a history dating back to the 19th century, Marubeni maintains an extensive international footprint, enabling cross-border sourcing, market development, and supply chain services for customers worldwide.

BOM is an investment organization that backs innovative start-ups and growth companies, aiming to drive economic growth, create jobs, and address social challenges; it leverages its expertise, resources, and network to develop and finance renewable energy projects.

Citigroup is a diversified financial services company providing a broad range of financial products and services to consumers, corporations, governments, and institutions worldwide. It operates through two main segments: Global Consumer Banking, which includes retail banking, Citi-branded cards, and consumer finance, and Institutional Clients Group, which covers wholesale banking, investment banking, fixed income and equity sales and trading, foreign exchange, prime brokerage, research, corporate lending, cash management, trade finance, and securities services. The company maintains a global footprint across regions including Asia, Europe, the Middle East, Africa, North and Latin America, and emphasizes sustainability and social responsibility initiatives.

SmartFin is a Brussels-based growth investment firm focused on Europe, investing in business-to-business technology companies. The firm targets information technology and fintech sectors, with a broader emphasis on B2B technology across European markets. It backs European tech companies at growth stages, supporting expansion and scale across diverse industries, and works with companies located in or expanding into Europe. Through its activity, SmartFin aims to help B2B technology firms accelerate product development, market entry, and regional growth in the European technology landscape.

ING Corporate Investments is the private equity arm of ING Group, based in Brussels, Belgium. It provides capital to small and medium-sized enterprises in Belgium, Luxembourg and France, offering buy-out, development and venture capital. The firm targets companies across information technology, software, biotechnology, manufacturing, engineering, logistics, distribution and telecommunications sectors, with the aim of supporting growth through strategic and financial partnerships. It has been active in private equity since 1997 and has invested over €100 million.

CRCM Ventures is a San Francisco-based venture capital firm focused on seed and early-stage investments. It backs startups across a broad range of sectors, including business products and services, consumer products and services, financial services, healthcare, information technology, software as a service, telecommunications and media, blockchain and cryptocurrency, virtual reality, cybersecurity, artificial intelligence and machine learning, and wellness. The firm has been described as a registered investment adviser and has been associated with activity in Silicon Valley and China.

FJ Labs is a New York-based venture capital firm founded in 2015 by Fabrice Grinda. It is stage-agnostic and focuses on marketplaces and consumer-facing startups, making seed and Series A investments. Typical checks range from 50,000 to 5,000,000 dollars. The firm supports early-stage companies across sectors such as e-commerce, fintech, ad tech, mobile, and software-as-a-service, seeking opportunities with high growth potential in the United States and internationally. Its portfolio includes a mix of consumer brands and marketplace platforms, reflecting an emphasis on business models that connect buyers and sellers or enable direct consumer experiences. FJ Labs aims to back entrepreneurs building scalable, disruptively positioned products and services, often partnering with founders early in their development to help accelerate growth.

White Buffalo Capital is a venture capital firm based in Jackson Hole, Wyoming. Founded in 2018, it targets investments in natural sciences, media, and space access sectors.

Established in 2015, Tenity is an international innovation hub and early-stage investor specializing in financial technology (fintech), insurtech, web3, digital health, and related sectors. With a strong focus on Europe, EMEA, and APAC regions, the company has over a decade of experience accelerating fintech innovation globally.

Moderne Ventures is a Chicago-based strategic venture capital and growth equity firm founded in 2015. It is a generalist investor with vertical expertise in enterprise software as a service, artificial intelligence, robotics, deep tech, sustainability, data, and digital transaction management, targeting technology companies that can apply to real estate, mortgage, finance, insurance, and home services. The firm backs seed, early-stage, and Series B companies and typically makes investments in the range of a few hundred thousand to several million dollars. It also operates an industry immersion accelerator to foster innovation and collaboration between industry partners and startups, and runs the Moderne Passport program to support growth and partnerships across sectors.

Tech Coast Angels is the largest angel investor group in the United States, with more than 300 members organized into five networks across Los Angeles, Orange County, San Diego, the Central Coast, and the Inland Empire. Its members provide funding and guidance to early-stage, high-growth companies in Southern California, offering capital as well as mentorship, strategic advice, and access to a broad network of potential investors, customers, partners, and management talent. The group supports companies across industries, including life sciences, biotech, IT, software, services, retail, Internet, financial services, and consumer products. Tech Coast Angels has been recognized by CB Insights as one of the top 20 angel groups in the United States and leads in network centrality, reflecting extensive connections within the investment ecosystem.

Ocean Azul Partners is a venture capital firm founded in 2017 and based in Coral Gables, Florida. It backs early-stage B2B software and deep-tech companies, with a focus on markets across North America and Israel, including the United States, Canada, and Israel.

Finnish Fund for Industrial Cooperation is an economic development agency and investment organization based in Helsinki, Finland, established in 1980. It finances private sector projects in developing countries and, where relevant, via Finnish-linked ventures, with a focus on sectors such as renewable energy, sustainable forestry and agriculture, financial institutions, and digital infrastructure. The organization seeks minority equity and debt solutions, typically investing EUR 1 million to 10 million per project and often taking up to 30 percent of a company's capital. It structures investments as equity, mezzanine financing, investment loans, or combinations thereof, and frequently co-invests with other development finance institutions. It also finances microfinance and infrastructure ventures and supports initiatives that use Finnish technology. The aim is to generate environmental or social benefit and to contribute to sustainable development in developing countries and transition economies, including Russia, with an annual deployment target in the low hundreds of millions of euros across multiple companies.