Poland's startup ecosystem is quickly becoming a force in Central and Eastern Europe. This growth is fueled by a solid group of local and international venture capital firms ready to fund new ideas.
Firms like Inovo.vc and SpeedUp Venture Capital Group have each backed over 70 companies, while Flyer One Ventures is close behind. For founders looking for the right partner, the options are better than ever.
Below is our list of the best 15 VC firms in Poland.
Failory's Top 10 Picks
Flyer One Ventures backs early-stage startups from Central and Eastern Europe across sectors like SaaS, Health Tech, and AI/ML. With expertise from the teams behind BetterMe and Genesis Tech, the firm provides hands-on support in marketing, product, and recruiting to help founders build global companies.
| Headquarters | Warsaw, Mazowieckie, Poland |
| Year Founded | 2018 |
| Founders | Vitaly Laptenok |
| Investment Stage | Early Stage, Seed |
| Nº of Investments | 69 (15 as Lead Investor) |
| Nº of Exits | 5 |
| Contact | go@flyerone.vc |
Expeditions Fund provides long-term, patient capital to mission-driven founders building early-stage technology companies around the world. The fund grew out of a family office and now operates as an independent venture firm backed by other successful founders and investors.
| Headquarters | Warsaw, Mazowieckie, Poland |
| Year Founded | 2021 |
| Founders | Mikolaj Firlej, Samuel Burrell, Stanislaw Kastory |
| Investment Stage | Early Stage, Seed |
| Nº of Investments | 31 (6 as Lead Investor) |
| Nº of Exits | 5 |
| Contact | info@expeditionsfund.com |
3. bValue Fund
Focusing on Central and Eastern Europe, bValue Fund provides growth capital to tech-driven companies ready to expand. They offer both strategic and tactical support to help regional leaders grow into international competitors.
| Headquarters | Warszawa, Mazowieckie, Poland |
| Year Founded | 2016 |
| Founders | Dariusz Żuk, Maciej Balsewicz, Marcel Animucki, Mariusz Turski, Rafał Brzoska |
| Investment Stage | Late Stage, Private Equity, Secondary Market |
| Nº of Investments | 54 (26 as Lead Investor) |
| Nº of Exits | 9 |
| Contact | info@bvaluefund.com |
Movens Capital supports early-stage European tech companies with a preference for SaaS and marketplace models, investing from seed to Series A rounds. They focus on industries including fintech, deep-tech, and martech, and have backed companies like Talkie.ai and Vue Storefront.
| Headquarters | Warsaw, Mazowieckie, Poland |
| Year Founded | 2018 |
| Founders | Artur Banach, Michał Olszewski, Przemyslaw Jurgiel-Zyla |
| Total Funding | €12.7M |
| Average Check Size | €1M |
| Industries | AI & ML, Fintech, SaaS, Marketplace, Industrial, Deep Tech & Hard Science, Consumer |
| Investment Stage | Early Stage, Seed, Series A |
| Nº of Investments | 35 (16 as Lead Investor) |
| Nº of Exits | 1 |
| Top Portfolio Startups | Talkie.ai, Vue Storefront, Sky Engine |
| Contact | info@movenscapital.com / 9512408364 |
5. Inovo.vc
Inovo.vc invests up to €4M in early-stage startups from Central and Eastern Europe, often acting as their first institutional investor. They were early backers of companies like Booksy and Preply, and have helped their portfolio raise over €500M from top global funds.
| Headquarters | Warsaw, Mazowieckie, Poland |
| Year Founded | 2012 |
| Founders | Tomasz Swieboda |
| Total Funding | €54M |
| Average Check Size | €4M |
| Industries | Developer Tools, AI & ML, Deep Tech & Hard Science, Healthcare, SaaS, Enterprise |
| Investment Stage | Early Stage, Seed |
| Nº of Investments | 75 (36 as Lead Investor) |
| Nº of Exits | 5 (2 IPO'd) |
| Top Portfolio Startups | Booksy, Tidio, Zowie |
SpeedUp Venture Capital Group backs early-stage enterprises from Central and Eastern Europe, focusing on founders with global ambitions. They provide capital and support over a 3 to 8 year horizon to companies developing solutions in areas like AI, IoT, fintech, and medtech.
| Headquarters | Poznan, Wielkopolskie, Poland |
| Year Founded | 2009 |
| Founders | Arkadiusz Piechocki, Bartlomiej Gola, Michal Lehmann, Rene Xavier Gerard |
| Industries | Consumer, Internet & Mobile, IoT, Healthcare, Fintech, AI & ML, Hardware, Industrial, Marketing, Advertising |
| Investment Stage | Early Stage, Seed, Series A, Series B |
| Nº of Investments | 73 (16 as Lead Investor) |
| Nº of Exits | 9 |
| Contact | info@speedupgroup.com / +48 61 671 01 71 |
7. AIP Seed
AIP Seed backs early-stage technology companies from Polish founders and the diaspora who are building businesses with global reach. Beyond initial checks of up to $250,000, the fund provides hands-on support in areas like AI and marketing through its dedicated Competence Hubs.
| Headquarters | Warsaw, Mazowieckie, Poland |
| Year Founded | 2009 |
| Founders | Dariusz Żuk |
| Investment Stage | Early Stage, Seed |
| Nº of Investments | 31 (22 as Lead Investor) |
| Nº of Exits | 1 |
| Contact | contact@aipseed.vc |
As Poland's first impact investment fund, Simpact Ventures backs early-stage, tech-driven startups that combine high business potential with a positive social or environmental mission. They empower founders to build companies where profit and purpose coexist, supporting ventures with the potential to create meaningful change.
| Headquarters | Warsaw, Mazowieckie, Poland |
| Year Founded | 2017 |
| Founders | Jacek Ostrowski, Krzysztof Grochowski, Wojciech Majewski |
| Investment Stage | Convertible Note, Early Stage, Seed |
| Nº of Investments | 40 (30 as Lead Investor) |
| Nº of Exits | — |
| Contact | kontakt@simpact.vc |
Radix Ventures backs ambitious founders building deep tech companies across Central and Eastern Europe at the pre-seed and seed stages. They provide capital and hands-on support from a team of experienced operators to help these CEE startups grow into global businesses.
| Headquarters | Warsaw, Mazowieckie, Poland |
| Year Founded | 2024 |
| Founders | — |
| Investment Stage | — |
| Nº of Investments | 4 (3 as Lead Investor) |
| Nº of Exits | 1 |
10. Aper Ventures
Aper Ventures backs early-stage deeptech and hardware startups, specifically seeking out companies with a proven competitive edge and global potential. The fund provides seed and early-stage capital to help these companies commercialize their technology and expand into international markets.
| Headquarters | Warszawa, Mazowieckie, Poland |
| Year Founded | 2014 |
| Founders | Bartosz Składzień, Jacek Blonski, Piotr Slawski |
| Investment Stage | Early Stage, Seed |
| Nº of Investments | 32 (7 as Lead Investor) |
| Nº of Exits | 1 |
| Contact | contact@aperventures.com / +48 697 469 188. |
5 Additional Poland VC Firms Worth Pitching
Our top picks are a great place to start, but they are far from the only VCs in town. The firms below have backed over 100 startups between them, adding even more funding opportunities for founders.
Each one brings something different to the table for early-stage companies. Here’s a closer look at more firms helping to build the future in Poland.
| VC Firm | Year Founded | Nº Investments | Nº Exits |
|---|---|---|---|
 EEC Ventures | 2012 | 18 | — |
 KnowledgeHub | 2008 | 28 | — |
 FundingBox Deep Tech Fund | 2020 | 19 | 1 |
 Invento Capital | 2017 | 18 | — |
 Experior Venture Fund | 2013 | 19 | 2 |
