30 Best Active Investors in Warsaw in 2024

In the vibrant investment landscape of Warsaw, certain names stand out, consistently identifying and supporting groundbreaking ventures. As we journey into 2024, we've compiled a list of the top investors in Warsaw, showcasing those who've demonstrated exceptional acumen, vision, and commitment to fostering innovation in the region.


This list is the result of tracking investment activity across +2,500 venture capital investors in Europe, and only includes funds that have invested in at least 5 startups in Warsawin the past 12 months (not just investors with offices in Warsaw). Whether you're an experienced founder who have raised capital in the past or you're fundraising for the first time, our curated list of the top Warsaw VCs in 2024 will be tremendously helpful in your journey.


Last update to the database: Dec 24, 2024. See changelog.


Icon Investor Rankings are calculated using our Seedtable Score – a 1 to 100 score that uses quantitative and qualitative data points (like the size of their fund or the quality of the companies they invested in) to signal the strength behind an investor. A score closer to 100 indicates an investor is worth watching closely.

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List of 30 top Warsaw VCs

An equity and debt funds company in Hungary that invests in startups within Central and Eastern Europe, Israel, Finland, Baltics, Armenia, Belarus, Russia and Ukraine

38

Offices:

London (HQ)

Budapest

Warsaw

Nicosia

Riga

Investment Stage:

Seed, Series A, Series B

Check Size:

$2.5M - $50M

Industries:

Proptech & Real Estate, Travel Tech, Mobility & Transportation

Top investments in Warsaw:

Borzo (
52)
, Bob W (
48)
, Hotelmize (
48)

Alfabeat is a venture capital fund based in Gdansk that invests in early-stage companies, particularly in AI, fintech, and green tech. They issue checks ranging from $250,000 to $1 million and back businesses in diverse sectors, including manufacturing, energy, and legal tech. Their portfolio includes companies like SunRoof, Coinfirm, and Druid. While they primarily focus on Series A rounds, they remain open to other early stages of investment. With expertise in enterprise software and a successful track record, Alfabeat supports the growth of companies shaping the future of technology.

26

Offices:

Gdansk (HQ)

Warsaw

Luxembourg

Investment Stage:

Series A, Unknown

Check Size:

$100k - $2.5M

Industries:

Climate Tech & Green Tech, FinTech, Crypto & web3

Top investments in Warsaw:

Druid (
44)
, SunRoof (
41)
, Coinfirm (
37)

Expeditions Fund is a venture capital firm based in Warsaw, investing in early-stage tech companies during seed and series B phases. They focus on cybersecurity, communications, and manufacturing. Notable investments include Ringover, Labrys Technologies, Oblivious, and Nu Quantum. Expeditions Fund adopts a patient, long-term approach to help businesses grow and succeed globally.

26

Offices:

Warsaw (HQ)

London

Paris

Investment Stage:

Pre Seed, Seed, Series B

Check Size:

$2.5M - $30M

Industries:

Govtech, Hardware, Cybersecurity

Top investments in Warsaw:

Ringover (
52)
, Labrys Technologies (
48)
, Oblivious (
41)

SEB Venture Capital, based in Stockholm, invests in fields like fintech, healthcare technology, and green tech. Supporting startups from seed to Series D stages, they have funded companies such as Thought Machine, EnginZyme, Apica, ClimateView, and Lysa. The fund aims to back ventures that drive progress and offer valuable solutions in their industries.

24

Offices:

Stockholm (HQ)

Luxembourg

Dublin

Warsaw

Investment Stage:

Seed, Series A, Series B, Series C, Series D, Unknown

Check Size:

$100k - $250M

Industries:

Climate Tech & Green Tech, Health Tech, FinTech

Top investments in Warsaw:

Thought Machine (
60)
, EnginZyme (
48)
, Insurely (
48)

A venture capital and private equity company investing in seed and early stage technology companies.

23

Offices:

Warsaw

Investment Stage:

Pre Seed, Seed, Series B

Check Size:

$1M - $20M

Industries:

FinTech, Sportstech, Cybersecurity

Top investments in Warsaw:

kennek (
48)
, Tilta (
37)
, Salv (
33)

AgriTech Hub is a Warsaw-based venture capital fund investing in agriculture and food companies. The fund focuses on early-stage businesses, particularly those leveraging data and analytics. Investment amounts range from $250,000 to $5 million. Known for backing firms like Agrivi, AgriTech Hub is the first and only venture capital fund of its kind in Poland and Central and Eastern Europe.

21

Offices:

Warsaw (HQ)

Investment Stage:

Series A

Check Size:

$5M - $10M

Industries:

Agritech, Data and Analytics

Top investments in Warsaw:

Agrivi (
34)

ARIA Fund is a venture capital fund based in Warsaw. It invests in Series A companies, focusing on privacy and security, data, fintech, e-commerce, and health tech. With investments ranging from $1 million to $5 million, ARIA supports the growth of businesses. Notable investments include Inuru, Nethone, and Sundose. Managed by a team with diverse business backgrounds, ARIA Fund aims to support the next wave of industry leaders.

21

Offices:

Warsaw (HQ)

Investment Stage:

Series A

Check Size:

$10M - $20M

Industries:

Health Tech, FinTech, Foodtech

Top investments in Warsaw:

Inuru (
44)
, Nethone (
28)
, Sundose (
28)

Corvus Ventures is a venture capital fund based in Warsaw, investing in early-stage startups across Poland and Central Eastern Europe. They focus on sectors like sales and marketing, music and audio, and adtech. Notable investments include AdTonos. The fund primarily targets pre-seed stages, providing financial resources to help startups grow. Corvus Ventures seeks promising entrepreneurs with projects poised to succeed in the market.

19

Offices:

Warsaw (HQ)

Investment Stage:

Pre Seed

Check Size:

$500k - $1M

Industries:

Adtech, Music and Audio, Sales and Marketing

Top investments in Warsaw:

AdTonos (
31)

Pracuj Ventures is a venture capital fund based in Warsaw, investing in early-stage startups focused on human resources and recruitment technology. They provide funding from $500,000 to $2,000,000 to support these startups' growth. Among their investments is PeopleForce. By backing promising HR tech ventures, Pracuj Ventures aids in developing tools and platforms to enhance hiring and recruitment processes.

19

Offices:

Warsaw (HQ)

Investment Stage:

Seed

Check Size:

$2.5M - $5M

Industries:

Hiring and Recruitement

Top investments in Warsaw:

PeopleForce (
30)

Offices:

Warsaw (HQ)

Investment Stage:

Seed, Series A

Check Size:

$500k - $5M

Industries:

Health Tech, Biotech, Software as a service (SaaS)

Top investments in Warsaw:

Prosoma (
31)

KnowledgeHub is a venture capital fund based in Warsaw, investing in early-stage companies with check sizes ranging from $250k to $1 million. They focus on industries such as manufacturing, energy, climate tech, hardware, ecommerce, foodtech, business intelligence, govtech, agritech, AI, machine learning, data analytics, and health tech. Notable investments include SunRoof, SmokeD, Sundose, and Supersonic Food. Their goal is to support promising startups and help them grow in Poland and Central Eastern Europe.

18

Offices:

Warsaw (HQ)

Investment Stage:

Seed, Unknown

Check Size:

$1M - $5M

Industries:

Climate Tech & Green Tech, Health Tech, Govtech

Top investments in Warsaw:

SunRoof (
41)
, Sundose (
28)
, SmokeD (
21)

Inovo Venture Partners is a venture capital fund based in Warsaw. They invest $500,000 to $4,000,000 in early-stage and post-traction startups across various industries, including AI and health tech. Inovo supports companies from pre-seed to series B rounds. Notable investments include Fiat Republic and SunRoof. Their mission is to help startups scale and succeed.

17

Offices:

Warsaw (HQ)

Amsterdam

Luxembourg

Investment Stage:

Pre Seed, Seed, Series A, Series B, Unknown

Check Size:

$100k - $50M

Industries:

Climate Tech & Green Tech, Health Tech, Edtech

Top investments in Warsaw:

Packhelp (
44)
, Fiat Republic (
44)
, SunRoof (
41)

Flyer One Ventures is a London-based venture capital fund that focuses on early-stage startups. They invest in pre-seed, seed, and series A stages, with check sizes from $100,000 to $1,000,000. Their portfolio includes companies in health tech, fintech, and gaming, such as IntellectoKids, Wectory, and Fintech Farm. Founded by Central and Eastern European entrepreneurs, the firm is dedicated to helping startups grow and succeed.

16

Offices:

London (HQ)

Kiev

Warsaw

Investment Stage:

Pre Seed, Seed, Series A, Unknown

Check Size:

$100k - $10M

Industries:

Health Tech, Edtech, FinTech

Top investments in Warsaw:

Fintech Farm (
37)
, Kodland (
37)
, 99math (
33)

Offices:

Warsaw (HQ)

Investment Stage:

Pre Seed, Seed

Check Size:

$500k - $2.5M

Industries:

FinTech, AI, Music and Audio

Top investments in Warsaw:

Plenti (
31)
, Revoize (
21)

SMOK Ventures is a bridging Silicon Valley to Poland founded by Paul Bragiel, Borys Musielak and Diana Koziarska.

16

Offices:

Warsaw (HQ)

Investment Stage:

Seed, Series A

Check Size:

$2.5M - $10M

Industries:

Legal Tech, Privacy and Security, Productivity Tools

Top investments in Warsaw:

Finmap (
25)
, Authologic (
15)

Avia Capital is a venture capital fund based in Warsaw. It supports Polish B2B companies in sectors like manufacturing and energy, with investments ranging from $250K to $5M. Notable investments include Elinta Charge and Hadatap. Avia Capital focuses on helping businesses grow to boost the overall market in Poland.

14

Offices:

Warsaw (HQ)

Investment Stage:

Unknown

Check Size:

$100k - $10M

Industries:

Hardware, Mobility & Transportation, Energy & Nuclear

Top investments in Warsaw:

Elinta Charge (
28)
, Hadatap (
15)

LT Capital is a venture capital fund based in Kraków. The fund invests in early-stage companies, including pre-seed and seed, with checks up to $250,000. Their focus spans AI, health tech, e-commerce, and clean energy sectors. LT Capital aims to support businesses advancing Industry 4.0, with investments such as SunRoof and Talkie.ai.

14

Offices:

Kraków (HQ)

Warsaw

Investment Stage:

Pre Seed, Seed, Unknown

Check Size:

$500k - $5M

Industries:

Climate Tech & Green Tech, Health Tech, Foodtech

Top investments in Warsaw:

SunRoof (
41)
, Nethansa (
31)
, Apropo (
15)

Movens Capital is a venture capital fund based in Warsaw. They invest in early-stage tech startups in Europe and the US, focusing on sectors like AI, fintech, SaaS, and deep tech. The fund participates in seed and Series A rounds. Movens Capital also offers pricing and revenue management services through Movens Advisory to enhance company profitability. Investments include Sky Engine AI, ForActive, and Nethansa.

14

Offices:

Warsaw (HQ)

Investment Stage:

Pre Seed, Seed, Series A, Unknown

Check Size:

$500k - $30M

Industries:

Climate Tech & Green Tech, Health Tech, Edtech

Top investments in Warsaw:

Sky Engine AI (
44)
, Woltair (
34)
, Nethansa (
31)

Offices:

Warsaw (HQ)

Investment Stage:

Seed

Check Size:

$1M - $20M

Industries:

Health Tech, FinTech, AI

Top investments in Warsaw:

Plenti (
31)
, Digital First AI (
21)
, FindAir (
15)

The National Center for Research & Development (NCRD) is a venture capital fund based in Warsaw, focusing on early-stage companies in the manufacturing and hardware sectors. NCRD supports businesses from the seed stage, aiding their growth. An example of their investment is Qna Technology. As a part of a government agency, NCRD adheres to Polish law and regulations, including public finance rules and development programs funded by European financial instruments.

13

Offices:

No data available

Investment Stage:

No data available

Check Size:

$100k - $500k

Industries:

No data available

Top investments in Warsaw:

No data available

The National Center for Research & Development (NCRD) is a venture capital fund based in Warsaw, focusing on early-stage companies in the manufacturing and hardware sectors. NCRD supports businesses from the seed stage, aiding their growth. An example of their investment is Qna Technology. As a part of a government agency, NCRD adheres to Polish law and regulations, including public finance rules and development programs funded by European financial instruments.

13

Offices:

Warsaw

Warsaw

Investment Stage:

Seed

Check Size:

$5M - $10M

Industries:

Hardware, Manufacturing

Top investments in Warsaw:

Qna Technology (
21)

Kogito Ventures is a venture capital fund based in Warsaw, focusing on early-stage investments in pre-seed and seed startups. They invest between $500,000 and $4 million in sectors such as data security, AI, and health tech. Their portfolio includes companies like Kogena, Jutro Medical, and Simpl.rent. Kogito Ventures often co-invests with business angels to support the growth of promising startups.

12

Offices:

Warsaw (HQ)

Investment Stage:

Pre Seed, Seed

Check Size:

$500k - $10M

Industries:

Health Tech, Govtech, Foodtech

Top investments in Warsaw:

Jutro Medical (
28)
, SonarHome (
28)
, Kogena (
18)

ValueTech Seed is a venture capital fund based in Warsaw, investing in early-stage startups focused on advanced technologies in fields like robotics and manufacturing. The fund typically supports companies at the seed stage, including ventures like Kogena. ValueTech Seed aims to foster the development of cutting-edge solutions in specialized industries.

11

Offices:

Warsaw

Investment Stage:

Seed

Check Size:

$2.5M - $5M

Industries:

Robotics, Manufacturing

Top investments in Warsaw:

Kogena (
18)

SATUS Starter is a Poland-based software as a service company.

10

Offices:

Kraków (HQ)

Wroclaw

Warsaw

Investment Stage:

Pre Seed, Seed, Unknown

Check Size:

$100k - $2.5M

Industries:

FinTech, Crypto & web3, Govtech

Top investments in Warsaw:

DoxyChain (
21)
, cthings.co (
18)
, Kogena (
18)

EEC Ventures is a venture capital fund based in Warsaw that invests in early-stage companies, from pre-seed to series B, with check sizes ranging from $1 million to $30 million. They focus on sectors such as energy, real estate, AI, and cybersecurity. Portfolio companies include CashDirector, Sinterit, Grupa Geofusion, Closer, and ICsec. Their mission is to support businesses driving technological advancements across industries.

10

Offices:

Warsaw (HQ)

Investment Stage:

Pre Seed, Seed, Series A, Series B, Unknown

Check Size:

$500k - $5M

Industries:

FinTech, Govtech, Agritech

Top investments in Warsaw:

CashDirector (
21)
, Grupa Geofusion (
21)
, Sinterit (
21)

FundingBox Deep Tech Fund, based in Warsaw, invests in early-stage companies in sectors such as mobility, transportation, and business intelligence. Their investments range from $0 to $4 million. Notable companies they have supported include Aleet and Certifier. The fund aims to help technology businesses grow through financial support.

9

Offices:

Warsaw (HQ)

Investment Stage:

Seed

Check Size:

$1M - $2.5M

Industries:

Mobility & Transportation, Business Intelligence, Supply Chain & Logistics

Top investments in Warsaw:

Certifier (
15)
, Aleet (
15)

Next Road Ventures is a venture capital fund based in Warsaw. They invest in early-stage companies, focusing on pre-seed rounds with investment sizes ranging up to $1 million. They are particularly interested in businesses in data, analytics, sales, marketing, and AI. Notable investments include Epinote. Their goal is to support startups and help them grow.

9

Offices:

Warsaw (HQ)

Investment Stage:

Pre Seed

Check Size:

$2.5M - $5M

Industries:

AI, Data and Analytics, Sales and Marketing

Top investments in Warsaw:

Epinote (
15)

Arkley Brinc VC, based in Warsaw, is a venture capital fund focused on early-stage tech startups in Poland. They provide financial support up to $1,000,000 and partner with emerging companies across various tech fields. Their goal is to offer both funding and guidance to help new technology ventures grow and succeed.

1

Offices:

Warsaw (HQ)

Investment Stage:

No data available

Check Size:

$100k - $500k

Industries:

No data available

Top investments in Warsaw:

No data available

Block54 is a venture capital fund based in Warsaw, focusing on the web3 sector. They invest in early-stage startups with check sizes ranging from $100,000 to $1,000,000. Block54 supports companies across various web3-related industries and aims to help them grow and succeed in the evolving web3 landscape. Their portfolio includes several successful firms in this space.

1

Offices:

Warsaw (HQ)

Investment Stage:

No data available

Check Size:

$100k - $500k

Industries:

No data available

Top investments in Warsaw:

No data available

Daftcode is a venture capital fund based in Warsaw. They create and launch their own projects, guiding them from concept to market release. Daftcode invests at various stages with flexible investment amounts, supporting companies across multiple industries. By fostering innovation and growth, Daftcode contributes significantly to the startup ecosystem.

1

Offices:

Warsaw (HQ)

Investment Stage:

No data available

Check Size:

$100k - $500k

Industries:

No data available

Top investments in Warsaw:

No data available