Warsaw's startup community is clearly on the rise, with a strong group of venture capital firms backing new ideas. These investors are writing checks and helping founders build their companies from the ground up.

You'll find some very active funds here, like Inovo.vc with its portfolio of over 70 companies. Others, such as Flyer One Ventures, have also made dozens of investments in the region.

Below is our list of the best 10 VC firms in Warsaw.

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.

Year Founded2018
FoundersVitaly Laptenok
Investment StageEarly Stage, Seed
Nº of Investments69 (15 as Lead Investor)
Nº of Exits5
Contactgo@flyerone.vc

Expeditions Fund invests globally in early-stage, mission-driven technology founders with a long-term, patient approach. Having evolved from a family office, the fund now supports a portfolio that includes breakout companies like Ramp and ElevenLabs.

Year Founded2021
FoundersMikolaj Firlej, Samuel Burrell, Stanislaw Kastory
Investment StageEarly Stage, Seed
Nº of Investments31 (6 as Lead Investor)
Nº of Exits5
Contactinfo@expeditionsfund.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.

Year Founded2018
FoundersArtur Banach, Michał Olszewski, Przemyslaw Jurgiel-Zyla
Total Funding€12.7M
Average Check Size€1M
IndustriesAI & ML, Fintech, SaaS, Marketplace, Industrial, Deep Tech & Hard Science, Consumer
Investment StageEarly Stage, Seed, Series A
Nº of Investments35 (16 as Lead Investor)
Nº of Exits1
Top Portfolio StartupsTalkie.ai, Vue Storefront, Sky Engine
Contactinfo@movenscapital.com / 9512408364
Inovo.vc Logo

Inovo.vc invests up to €4M in early-stage startups from Central and Eastern Europe, supporting them from anywhere in the world. They were early investors in breakout companies like Booksy, Preply, and Spacelift, helping them secure over €500M in follow-on funding from top-tier firms.

Year Founded2012
FoundersTomasz Swieboda
Total Funding€54M
Average Check Size€4M
IndustriesDeveloper Tools, AI & ML, Deep Tech & Hard Science, Healthcare, SaaS, Enterprise
Investment StageEarly Stage, Seed
Nº of Investments75 (36 as Lead Investor)
Nº of Exits5 (2 IPO'd)
Top Portfolio StartupsBooksy, Tidio, Zowie
AIP Seed Logo

AIP Seed backs early-stage technology companies from Poland and the Polish diaspora that are building transformative global products. Beyond capital, the fund offers founders comprehensive support through its Competence Hubs, providing strategic expertise in AI, marketing, and finance.

Year Founded2009
FoundersDariusz Żuk
Investment StageEarly Stage, Seed
Nº of Investments31 (22 as Lead Investor)
Nº of Exits1
Contactcontact@aipseed.vc

As Poland's first impact investment venture capital fund, Simpact Ventures supports tech-driven startups that have both high business potential and a positive social or environmental impact. They empower founders to build companies that combine profit with purpose, helping them change the world for the better.

Year Founded2017
FoundersJacek Ostrowski, Krzysztof Grochowski, Wojciech Majewski
Investment StageConvertible Note, Early Stage, Seed
Nº of Investments40 (30 as Lead Investor)
Nº of Exits—
Contactkontakt@simpact.vc

Radix Ventures champions deep tech founders across Central and Eastern Europe, providing capital from pre-seed to Series A. Their team of seasoned operators works closely with portfolio companies, offering direct support and expertise to help them scale.

Year Founded2024
Founders—
Investment Stage—
Nº of Investments4 (3 as Lead Investor)
Nº of Exits1

EEC Ventures finances companies from early to growth stages specializing in utilities, energy, and sustainable materials. Their portfolio aims to create value by lowering environmental burdens and increasing resource efficiency, often through IT solutions like artificial intelligence and industrial cybersecurity.

Year Founded2012
FoundersKonrad Sitnik, Michał Lasocki, Rafal Malecki, Voytek Siewierski
Investment StageEarly Stage, Late Stage
Nº of Investments18 (12 as Lead Investor)
Nº of Exits—
Contactcontact@eecventures.com

FundingBox Deep Tech Fund provides capital to early-stage deep tech startups across Europe. As part of the wider FundingBox Group, they connect founders with one of the continent's largest platforms for technological development and growth.

Year Founded2020
FoundersTomasz Mazuryk
Investment StageEarly Stage
Nº of Investments19 (5 as Lead Investor)
Nº of Exits1
Contactcontact@fundingbox.vc

Experior Venture Fund backs Poland's high-growth, early-stage companies that are driving transformative change in their industries. As the country's first venture capital fund founded and managed by women, they combine capital investment with hands-on operational support to help entrepreneurs succeed.

Year Founded2013
FoundersKinga Stanislawska, Marzena Bielecka
Investment StageEarly Stage, Seed
Nº of Investments19 (12 as Lead Investor)
Nº of Exits2
Contactoffice@evf.com.pl / +48 22 462 73 90