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Top 50 Hardware Startup Investors in Poland (August 2026)

The most active venture capital funds and angel investors investing in Poland Hardware startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Poland Hardware startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Shape VC
VC Fund
9 Poland, India, France Seed, Pre-Seed Software, Artificial Intelligence, Information Technology $225k–$750k
SpeedUp Venture Capital Group
VC Fund
9 Poland, Germany, Czech Republic Seed, Pre-Seed, Series A Software, Artificial Intelligence, SaaS $71k–$12M
Sunfish Partners
VC Fund
9 Poland, United Kingdom, United States Pre-Seed, Seed Artificial Intelligence, Software, Machine Learning $354k–$3.6M
Carlson ASI EVIG Alfa VC Fund
VC Fund
9 Poland, United States, Switzerland Pre-Seed, Seed Artificial Intelligence, Apps, SaaS $203k–$304k
LT Capital
VC Fund
8 Poland, United States, Sweden Seed, Pre-Seed, Series A Software, Artificial Intelligence, SaaS $124k–$2.1M
Movens Capital
VC Fund
6 Poland, Czech Republic, Germany Seed, Pre-Seed, Series A Software, Artificial Intelligence, Machine Learning $344k–$17M
SATUS Starter
VC Fund
6 Poland Seed, Pre-Seed Software, Machine Learning, Information Technology $444k–$2.2M
Black Pearls VC
VC Fund
6 Poland, United States, United Kingdom Seed, Pre-Seed, Convertible Note Software, Artificial Intelligence, FinTech $165k–$3.3M
NCBR Investment Fund ASI S.A.
VC Fund
5 Poland Seed, Convertible Note Software, Health Care, Artificial Intelligence $1.9M–$5.3M
ValueTech Seed
VC Fund
5 Poland, Switzerland Seed, Pre-Seed, Convertible Note Software, Information Technology, SaaS $200k–$833k
Level2 Ventures
VC Fund
5 Poland, United Kingdom, Sweden Seed, Venture - Series Unknown, Pre-Seed Artificial Intelligence, SaaS, Robotics $550k–$15M
Aper Ventures
VC Fund
5 Poland, Germany, United Kingdom Seed, Series A, Venture - Series Unknown Manufacturing, Information Technology, Hardware $1.3M–$10M
ff Venture Capital
VC Fund
5 United States, Poland, Canada Seed, Series A Software, Artificial Intelligence, Information Technology $974k–$12M
EEC Ventures
VC Fund
5 Poland Series A, Seed, Series B Artificial Intelligence, Machine Learning, Information Technology $295k–$4.1M
Everywhere Ventures
VC Fund
5 United States, Australia, India Pre-Seed, Seed, Series A Software, Health Care, FinTech $500k–$20M
VCLink
VC Fund
4 Poland Seed Energy, Medical, Health Care $243k–$275k
VIGO Ventures
VC Fund
4 Poland, Germany, Spain Seed, Pre-Seed, Series A Manufacturing, Laser, Electronics $1.1M–$7.7M
Hard2beat
VC Fund
4 Poland Seed, Pre-Seed Finance, Medical, Wholesale $801k–$3.4M
SAV (Scale Asia Ventures)
VC Fund
4 United States, United Kingdom, Canada Seed, Pre-Seed, Series A Software, Artificial Intelligence, SaaS $125k–$50M
Spinaker alfa
VC Fund
4 Poland Seed, Venture - Series Unknown, Pre-Seed Information Technology, Robotics, Manufacturing
Invento Capital
VC Fund
4 Poland, United Kingdom, Estonia Seed, Pre-Seed, Venture - Series Unknown Information Technology, Software, Internet of Things $118k–$724k
DN Capital
VC Fund
4 United States, Germany, United Kingdom Series A, Series B, Seed Software, SaaS, E-Commerce $786k–$108M
Innovation Nest
VC Fund
4 Poland, United States, United Kingdom Seed, Series A Software, SaaS, Analytics $40k–$10M
AIP Seed
VC Fund
4 Poland, United States Seed, Pre-Seed, Convertible Note Software, Information Technology, SaaS $30k–$12M
Chiratae Ventures
VC Fund
3 India, United States, China Seed, Series A, Series B Software, Internet, E-Commerce $600k–$30M
Story Ventures
VC Fund
3 United States, Israel, Poland Seed, Series A, Series B Software, Health Care, Information Technology $1.5M–$100M
Smartlink Partners
VC Fund
3 Poland, United Kingdom, Canada Seed, Series A, Venture - Series Unknown Health Care, Software, Medical Device $188k–$14M
Firstminute Capital
VC Fund
3 United Kingdom, United States, Germany Seed, Series A, Pre-Seed Software, Information Technology, Artificial Intelligence $650k–$30M
Space Bridge
VC Fund
3 Poland Seed, Pre-Seed Manufacturing, Environmental Consulting, Software $240k–$350k
IZDAT
VC Fund
3 Poland, Germany Pre-Seed, Convertible Note AgTech, Agriculture, Farming $127k–$129k
RKKVC
VC Fund
3 Poland, United Kingdom, Switzerland Seed, Pre-Seed, Venture - Series Unknown Software, Information Technology, Artificial Intelligence $584k–$12M
Sir Ronald Cohen
Angel
3 Israel, United States, United Kingdom Series A, Seed Health Care, Financial Services, Apps $1.7M–$100M
Khosla Ventures
VC Fund
3 United States, India, United Kingdom Series A, Series B, Seed Software, Artificial Intelligence, Health Care $2M–$100M
Maciej Frankowicz
Angel
3 Poland Seed, Pre-Seed, Angel Medical, Medical Device, Artificial Intelligence $225k–$1.3M
SMOK Ventures
VC Fund
3 Poland, United States, Ukraine Seed, Pre-Seed Software, Information Technology, SaaS $54k–$3M
JR Holding
VC Fund
3 Poland, United States, United Kingdom Seed, Pre-Seed, Series A Software, Manufacturing, Nanotechnology $300k–$2.3M
Manta Ray Ventures
VC Fund
3 United States, United Kingdom, Poland Seed, Series A, Series B Software, Information Technology, Health Care $1M–$109M
Xplorer Fund
VC Fund
3 Poland Pre-Seed Software, Virtual Reality, Developer Platform
Brave Venture Capital
VC Fund
3 Poland Seed Information Technology, Communities, Electronics
HardGamma Ventures
VC Fund
3 United Kingdom, Poland, United States Seed, Series A Software, E-Commerce, Education $35k–$1.1M
PKO VC
VC Fund
2 Poland, United States Series A, Seed, Series B Apps, Software, Telecommunications $4.8M–$25M
Hoxton Ventures
VC Fund
2 United Kingdom, United States, Canada Seed, Series A, Series B Artificial Intelligence, Software, Health Care $1.9M–$35M
4growth VC
VC Fund
2 Poland, United States Seed, Convertible Note Health Care, Financial Services, Artificial Intelligence $967k–$11M
Marcin Zukowski
Angel
2 Poland, United States, Romania Pre-Seed, Seed, Series B Software, Artificial Intelligence, Machine Learning $502k–$14M
Finch Capital
VC Fund
2 United Kingdom, The Netherlands, Ireland Series A, Seed, Series B FinTech, Financial Services, Software $252k–$55M
Vinci
VC Fund
2 Poland, Denmark, Finland Seed, Venture - Series Unknown Manufacturing, Health Care, Biotechnology $4.8M–$17M
Eteron VC
VC Fund
2 Poland Pre-Seed Fitness, Hardware, Software $360k–$420k
Aligo Venture Capital
VC Fund
2 Poland, United States, United Kingdom Seed, Pre-Seed, Series A Health Care, E-Commerce, Medical Device $280k–$1.5M
David Rowan
Angel
2 United Kingdom, Croatia, Germany Seed, Pre-Seed Software, Machine Learning, Artificial Intelligence $486k–$5.5M
Brent Hoberman
Angel
2 United Kingdom, United States, France Seed, Series A, Angel Software, Artificial Intelligence, E-Commerce $637k–$21M
Access all 341 investors in Poland Hardware startups.

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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Shape VC
VC Fund · Kraków, Malopolskie, Poland · 9 investments in Poland Hardware startups

A new tool that blends your everyday work apps into one. It's the all-in-one workspace for you and your team

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Pre-Seed
  • Geography: Poland, India, France

Investor stats

  • Total investments: 28
  • Round size: Seed $225k–$750k; Pre-Seed $264k–$390k
  • Lead/follow: 71% lead, 29% follow
  • Last fund: May invest from a new fund soon — raised $12M in 2018

Portfolio highlights

  • Checly — Checly create, manage and check control processes across multiple industries.
  • Poley.me — Let robots do the work, so people can do human stuff! We bring affordable, proffesional process automation into HoReCa industry. We develop and implement robotic solutions to every crowded venue, by providing them with autonomous, stand alone drink making and selling machines.
  • Comand AI — Next generation command and control for defense & security operations
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SpeedUp Venture Capital Group
VC Fund · Poznan, Wielkopolskie, Poland · 9 investments in Poland Hardware startups

We are a group of venture capital funds, investing in enterprises in an early stage of development. Areas of our interest include enterprises and entrepreneurs in Central and Eastern Europe, who want to conquer the global market by utilizing their self-developed solutions. Our cooperation with companies is based on a 3-8 years investment horizon.We're looking for innovations from areas such as: consumer internet, electromobility, energy, fintech, martech, adtech, medtech, IoT and hardware. We're interested in technologies like Machine Learning, Picture Recognition and Artificial Intelligence.

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Investment focus

  • Industry: Software, Artificial Intelligence, SaaS
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Poland, Germany, Czech Republic

Investor stats

  • Total investments: 67
  • Round size: Seed $165k–$4.3M; Pre-Seed $71k–$500k; Series A $2.1M–$12M
  • Lead/follow: 27% lead, 73% follow
  • Last fund: May invest from a new fund soon — raised $25M in 2018

Portfolio highlights

  • PARTORY — PARTORY offers complete manufacturing solutions in engineering. PARTORY utilising AI and machine learning to streamline the procurement process for low-cost metal parts
  • CYCLE — KOITOTO adalah situs slot gacor nomor satu dengan koleksi Slot88 dan Slot777 terlengkap daftar sekarang untuk merasakan pengalaman bermain daring terbaik dan peluang menang mudah.
  • Okazjum.pl — Okazjum.pl is a leading Polish site for local search and local promotion search. The company enables users to look for the best local sales online, search brochures of local retailers and find stores near them.
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Sunfish Partners
VC Fund · Warsaw, Mazowieckie, Poland · 9 investments in Poland Hardware startups

Sunfish Partners is an early stage VC that invests in Polish deep tech startups.

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Investment focus

  • Industry: Artificial Intelligence, Software, Machine Learning
  • Stage:Pre-Seed, Seed
  • Geography: Poland, United Kingdom, United States

Investor stats

  • Total investments: 40
  • Round size: Seed $500k–$3.6M; Pre-Seed $354k–$2.4M
  • Lead/follow: 73% lead, 27% follow
  • Last fund: May invest from a new fund soon — raised $18M in 2019

Portfolio highlights

  • C2Grid — C2Grid turns drone and UAV footage into a real-time 3D picture of the operating environment - so teams can see, understand, and act.
  • HyperBunker — Solution that ensures your information is always secure and recoverable, after a catastrophic cyberattack or system failure.
  • Sky Spy — Sky Spy provides advanced RF intelligence solutions for defense, security and mission-critical operations.
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Carlson ASI EVIG Alfa VC Fund
VC Fund · Poznan, Wielkopolskie, Poland · 9 investments in Poland Hardware startups

CARLSON ASI EVIG Alfa Fund was established in partnership with Carlson Ventures International LTD to invest in early stage technology projects targeting R&D with potential for global commercialisation. Carlson ASI EVIG Alfa Focuses on key industries for the modern economy with a emphasis on artificial intelligence (AI) in industries such as:FinTech, MedTech, IoT and CleanTech.

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Investment focus

  • Industry: Artificial Intelligence, Apps, SaaS
  • Stage:Pre-Seed, Seed
  • Geography: Poland, United States, Switzerland

Investor stats

  • Total investments: 33
  • Round size: Seed $203k–$304k; Pre-Seed $238k–$304k
  • Lead/follow: 88% lead, 12% follow

Portfolio highlights

  • TASK4EA — TASK4EA creates a smartphone application to assist those with autism spectrum disorders in understanding and expressing their feelings.
  • AI Seller — SaaS supporting e-commerce merchant business decision backed with AI
  • The Kidly — The Kidly is a software application that helps to manage children services and activities.
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LT Capital
VC Fund · Krakow, Malopolskie, Poland · 8 investments in Poland Hardware startups

We are:Industry 4.0 seed fund. Typically, we invest around EUR 250K. If necessary, we are able to bring top-tier co-investors to the table if a bigger ticket is needed.Founder-centric. Few VC's understand that founders are the ones that run the companies. We are there to help, not to replace.Heavily networked. With contacts across theglobe, we are the bridge between great companies from the CEE and bigger funds and clients from rest of the world.Focused on CEE. In the upcoming years we will invest in around 40 companies in Central and Eastern Europe, with Poland being the main site of our investments.

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Investment focus

  • Industry: Software, Artificial Intelligence, SaaS
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Poland, United States, Sweden

Investor stats

  • Total investments: 42
  • Round size: Seed $274k–$2.1M; Pre-Seed $124k–$534k
  • Lead/follow: 45% lead, 55% follow

Portfolio highlights

  • Fizen.com — Fizen is your all-in-one financial solution, designed to seamlessly fuse traditional systems with the pioneering world of digital finance. Whether it's processing transactions through our robust payment gateway, delving into banking history for enriched financial data, offering white-label mobile wallet solutions, or integrating digital currencies including crypto and stablecoins,
  • ProperGate — Smart delivery management system providing real-time information and control of materials on complex construction sites.
  • SmartyMeet — We are Leveraging the power of AI to enhance meetings We will create automatic notes during a meeting and real-time language translation | SmartyMeet
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Movens Capital
VC Fund · Warsaw, Mazowieckie, Poland · 6 investments in Poland Hardware startups, 6 in the past 12 months

Movens Capital manages two funds (early-stage VC and growth equity). Movens VC is oriented on supporting Polish/CEE tech

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Investment focus

  • Industry: Software, Artificial Intelligence, Machine Learning
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Poland, Czech Republic, Germany

Investor stats

  • Total investments: 50
  • Round size: Seed $384k–$3.5M; Pre-Seed $344k–$2.2M; Series A $354k–$17M
  • Lead/follow: 48% lead, 52% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Cargofy — Cargofy it's a mobile assistant, kind of a "Siri" but for truck drivers. We help truckers access to high paying loads through our app, and receive discounts on fuel, maintenance, and truck parts.
  • Volteum — Electric vehicle (EV) fleets made easy. Volteum helps companies transition to EVs, optimize charging, and manage electric car fleet operations efficiently.
  • Grid.online — Grid.online is building transportation infrastructure as a service that will unlock the huge free transportation capacity of cities and allow it to be shared efficiently.
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SATUS Starter
VC Fund · Kraków, Malopolskie, Poland · 6 investments in Poland Hardware startups

SATUS Starter is a VC focusing on investments between $ 100k-1M in: AI & Big Data, SaaS, AR & VR, Industry 4.0, FinTech, blockchain, cybersecurity, marketplace.

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Investment focus

  • Industry: Software, Machine Learning, Information Technology
  • Stage:Seed, Pre-Seed
  • Geography: Poland

Investor stats

  • Total investments: 20
  • Round size: Seed $444k–$2.2M
  • Lead/follow: 45% lead, 55% follow
  • Last fund: May invest from a new fund soon — raised $13M in 2019

Portfolio highlights

  • Foodsi — Here at Foodsi we love food so much that we cannot let it go to waste! Our mission is not only to grow as a business, but - however bold that sounds - to change the world. We want to educate customers about food waste and save as many products as possible.Together we create the first Polish app that supports businesses in fighting food waste.With our help, producers can generate additional income while introducing a ‘less waste’ business model and clients get great products at discount prices. Win-win! We work not only with recognized companies, but also with local businesses. Artisan bakeries, flower shops, farmers markets - they all join us in a mission to save the surplus of their produce. Since we started in 2019, we have grown into a considerable competitor on the Polish market. By now we have saved more than 800 000 boxes of food and other products (cosmetics, flowers, pet food etc.), we collaborate with almost 3000 partners across the country, and we are engaged in social campaigns considering food waste.
  • Surveily — Surveily applies Artificial Intelligence to increase safety in manufacturing plants. It detects threats in real-time and allows for early prevention and mitigation. We cater to the most dangerous sectors that require an ever increasing safety parameters such as chemical, gas and oil. It integrates with existing CCTV infrastructure to minimisedeployment cost. It requires no internet so client can operate on their own infrasatructure and remove places.
  • HearMe — #sc_gallery-7511 { margin: auto; } #sc_gallery-7511 .gallery-item { float: left; margin-top: 10px; text-align: center; width: 16.66%; } #sc_gallery-7511 img {
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Black Pearls VC
VC Fund · Gdansk, Pomorskie, Poland · 6 investments in Poland Hardware startups

Black Pearls VC is a venture capital firm focusing on Life Quality Technologies. We look for the best entrepreneurs in Poland and the Baltic Sea Region.

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Investment focus

  • Industry: Software, Artificial Intelligence, FinTech
  • Stage:Seed, Pre-Seed, Convertible Note
  • Geography: Poland, United States, United Kingdom

Investor stats

  • Total investments: 59
  • Round size: Seed $165k–$3.3M; Pre-Seed $191k–$1.8M
  • Lead/follow: 66% lead, 34% follow
  • Last fund: May invest from a new fund soon — last raise in 2017

Portfolio highlights

  • swotzy. — Swotzy offers a shipping platform to assist e-commerce retailers in streamlining their last-mile operations and reducing operating expenses by always using the best-suited carrier.
  • Sauna by Wordware — A collaborative prompt engineering IDE
  • Certifier — Certifier is the leading software to create, issue, and verify certificates in bulk. An AI-powered platform for managing digital certificates, credentials, and badges.
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NCBR Investment Fund ASI S.A.
VC Fund · Poland, Indiana, United States · 5 investments in Poland Hardware startups

It is a co-investment venture capital fund belonging to the National Center for Research and Development - an executive agency of the Ministry of Education and Science. The fund specializes in investments in small and medium-sized enterprises (SMEs) that are in their growth or expansion phase, commercializing the results of their research anddevelopment (R & D & I). The estimated investment budget of the Fund is PLN 700 million, the value of a single investment is PLN 3-64 million.

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Investment focus

  • Industry: Software, Health Care, Artificial Intelligence
  • Stage:Seed, Convertible Note
  • Geography: Poland

Investor stats

  • Total investments: 10
  • Round size: Seed $1.9M–$5.3M
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • FlyFocus — We specialize in the design and production of unmanned aerial vehicles for the civilian market and law enforcement.
  • Saventic Health — Saventic Health is a med-tech company that develops an AI-powered clinical decision support system (SARAH platform) to support clinicians in diagnosing rare diseases.
  • DBR77 Robotics Sp. z o.o. — Simulate your factory before you build it. Monitor OEE in real time. Run operations with IRIS. Five products, one industrial intelligence platform.
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ValueTech Seed
VC Fund · Warsaw, Mazowieckie, Poland · 5 investments in Poland Hardware startups

ValueTech Seed is an early stage venture capital fund focusing on innovations in Energy and Industrial Manufacturing. We seek to partner with dedicated teams developing breakthrough technologies that can be deployed within the next 2-5 years. Our areas of particular interest include but are not limited to: Industry 4.0, renewables, cleantech,energy storage, smart grid and smart home, AI/IoT applications.

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Seed, Pre-Seed, Convertible Note
  • Geography: Poland, Switzerland

Investor stats

  • Total investments: 20
  • Round size: Seed $200k–$833k; Pre-Seed $250k–$298k
  • Lead/follow: 15% lead, 85% follow

Portfolio highlights

  • Aleet — Aleet has developed sophisticated systems encompassing proprietary digital twin technology for strategic fleet operational planning and advanced AI-driven routing optimization. It serves sectors such as fleet operators, e-commerce, food delivery, civil services, defense, and more.
  • ShareP — ShareP is a parking management company that provides car parking and charging solutions.
  • Defenselayers — Buy the domain name DefenseLayers.com and launch your business with a premium domain and a high quality logo.
Show all investments...

Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
Level2 Ventures
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 5 investments in Poland Hardware startups

A venture capital fund operating in the CEE region since 2021 investing in technology startups in the areas of AI, Blockchain, autonomous solutions, process automation and renewable energy at Seed and Round A stages. The fund intends to allocate between €250,000 and €1. 5 million per investment. It has a capital of €30 million. Investments instartups are made in a non-standard formula of a complete environment including a wide range of support in the areas of strategy, management, operations, marketing, HR and IT as part of the Development4Startups Program. Founded and run by experienced ICT CEOs Adam Rudowski and Piotr Pawlowski. http://level2.vc/

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Investment focus

  • Industry: Artificial Intelligence, SaaS, Robotics
  • Stage:Seed, Venture - Series Unknown, Pre-Seed
  • Geography: Poland, United Kingdom, Sweden

Investor stats

  • Total investments: 13
  • Round size: Seed $550k–$9.9M; Venture - Series Unknown $12M–$15M
  • Lead/follow: 38% lead, 62% follow

Portfolio highlights

  • move.ai — FREE YOUR MOTION. CAPTURE YOUR IMAGINATION. No more suits, no more restrictions. High fidelity motion capture made easy
  • Sea Machines Robotics — Sea machines is revolutionizing marine technology with data-driven intelligence, autonomy, and connectivity. Learn more about autonomous marine technology.
  • DBR77 Robotics Sp. z o.o. — Simulate your factory before you build it. Monitor OEE in real time. Run operations with IRIS. Five products, one industrial intelligence platform.
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Aper Ventures
VC Fund · Warszawa, Mazowieckie, Poland · 5 investments in Poland Hardware startups

The fund supports deeptech and hardware startups that demonstrate proven competitive advantages and significant global potential. It was founded in 2014 as 100 million Meta Ventures, investing in more than 20 entities in its area of operations. As of 2019, it operates primarily under Aper Ventures. The value of its assets under management isapproximately PLN 130 million, of which the fund has invested PLN 50 million since 2019 alone. Aper Venture is based in Warsaw, Poland.

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Investment focus

  • Industry: Manufacturing, Information Technology, Hardware
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Poland, Germany, United Kingdom

Investor stats

  • Total investments: 12
  • Round size: Seed $1.3M–$4.8M; Series A $1.4M–$10M
  • Lead/follow: 67% lead, 33% follow
  • Last fund: May invest from a new fund soon — raised $35M in 2018

Portfolio highlights

  • Inuru — We print light. Low cost OLED for better visible, sustainable and smart packaging and labels. Inuru's proprietary printed OLED solutions can be printed with industrial digital printing equipment. The innovation lies in our advanced materials inks.
  • Maas Loop — Maas Loop is a producing recycling equipment startup and don’t let good garbage go to waste By providing waste reduction equipment and enable retailers and HoReCa to manage garbage smarter.
  • United Robots — United Robots is a technology company operating in the robotics and artificial intelligence industry.
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ff Venture Capital
VC Fund · New York, New York, United States · 5 investments in Poland Hardware startups, 7 in the past 12 months

ff Venture Capital (ffVC) is a technology venture capital firm investing in some of the strongest growth areas to date, including cybersecurity, artificial intelligence, machine learning, drones, enterprise cloud software, and crowdfunding. The firm identifies and invests in technology and technology-enabled companies at its inception acrossgeographies and emerging industries. With three partners and an acceleration team of 20+ investment and operations professionals, ffVC actively participates with founders to develop products, target markets, and accelerate growth. Since 2008, ffVC has invested in over 100 companies and has helped to create companies with an aggregate market value exceeding $6 billion.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Series A
  • Geography: United States, Poland, Canada

Investor stats

  • Total investments: 310
  • Round size: Seed $974k–$4.4M; Series A $1.5M–$12M
  • Lead/follow: 23% lead, 77% follow
  • Last fund: Likely still investing — raised $66M in 2023

Portfolio highlights

  • Pstryk — Pstryk is a mobile app that tracks expenditures in real time to help you make budget-conscious decisions about energy consumption.
  • Nomagic — Nomagic provides robotic systems to automate repetitive pick-and-place tasks in warehouses with efficiency, flexibility and reliability.
  • FlyFocus — We specialize in the design and production of unmanned aerial vehicles for the civilian market and law enforcement.
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EEC Ventures
VC Fund · Warsaw, Mazowieckie, Poland · 5 investments in Poland Hardware startups

EEC Ventures manages venture capital funds in CEE. We invest in breakthrough technologies in industry, energy and cleantech.

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Investment focus

  • Industry: Artificial Intelligence, Machine Learning, Information Technology
  • Stage:Series A, Seed, Series B
  • Geography: Poland

Investor stats

  • Total investments: 20
  • Round size: Seed $295k–$4M; Series A $509k–$4.1M; Series B $738k–$2.5M
  • Lead/follow: 70% lead, 30% follow
  • Last fund: May invest from a new fund soon — raised $44M in 2018

Portfolio highlights

  • SmokeD System Inc. — The SmokeD automatic wildfire system monitors the area 24/7. Wildfire detection system assures you with safety and protection. Find out more about our work.
  • Solwena — Solwena develops AI-driven Building Energy Management Optimization System.Percee is an autonomous digital dynamic energy manager for geographically dispersed facilities and building portfolios 1. IoT-based digital twin technology 2. proprietary AI algorithms 3. hardware agnostic1. Dynamic algorithms that reduce overall energy consumption andcosts by 20% to 30% 2. Works with any energy type such as grid power, local PV, CHP, natural gas, compressed air, chilled water, BESS, etc. 3. Quantifiable reductions in carbon footprint, PPA green power, C02 emissions reporting 4. Dynamic energy tariff arbitrage, DSR 5. Anomaly detection, status reporting 6. Proven in various industries and with a wide array of equipment types 7. Uses weather, energy prices, forecasts and human activity as system input data.Clients types: 1. Retail chains 2. Production & logistics spaces 3. Commercial centers 4. Office & public buildings
  • DBR77 Robotics Sp. z o.o. — Simulate your factory before you build it. Monitor OEE in real time. Run operations with IRIS. Five products, one industrial intelligence platform.
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Everywhere Ventures
VC Fund · New York, New York, United States · 5 investments in Poland Hardware startups

Everywhere Ventures is a global pre-seed venture capital fund for founders, by founders. Click to read Everywhere VC, by Everywhere Ventures, a Substack publication with tens of thousands of subscribers.

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Investment focus

  • Industry: Software, Health Care, FinTech
  • Stage:Pre-Seed, Seed, Series A
  • Geography: United States, Australia, India

Investor stats

  • Total investments: 1093
  • Round size: Seed $1.2M–$6.5M; Pre-Seed $500k–$2.6M; Series A $8M–$20M
  • Lead/follow: 2% lead, 98% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • Donna — Meet Donna, the AI assistant built for field sales teams. Save time, cut admin, and close more deals with less effort.
  • Suma Wealth — Meet Charlie, your AI financial coach inside the SUMA app. Get personalized budgeting, savings, and investing advice in English or Spanish.
  • Journey Live — Journey is shifting the way modern companies prioritize mental health. Our proactive, inclusive tools engage every employee, every day.
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VIGO Ventures
VC Fund · Warszawa, Mazowieckie, Poland · 4 investments in Poland Hardware startups

VIGO Ventures is an investment group supporting cutting edge R&D photonic teams in technology development and commercialization. The focus is on photonics and its relation to numerous applications spreading across industries on the ground and in space. We are drawn to experts dedicated and determined to scale globally.One of our strategicpartners is VIGO System (https://www.vigo.com.pl/en) a joint stock company and a global leader in production of high operating temperature IR detectors. VIGO System supplies unique products, manufactured with the use of internally developed technology and the aid of its highly specialized team. Our second strategic partner is Warsaw Equity Group (https://www.warsawequity.com/?lang=en) a privately held investment company with over 20 years track record of successfully supporting business ventures both by investing their own capital, as well as by providing ongoing operational and strategic support for active investment projects. We are a part of a larger ecosystem and offer long term business support for our portfolio companies which includes possible next round financing.

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Investment focus

  • Industry: Manufacturing, Laser, Electronics
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Poland, Germany, Spain

Investor stats

  • Total investments: 12
  • Round size: Seed $1.1M–$7.7M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Aegiq — Scalable networking with quantum security and data links. Fibre QKD with optimised deployment costs and satellite QKD for maximum uptime | high-performance quantum photonics and single-photon sources - Aegiq
  • QustomDot — QustomDot brings unmatched colors through quantum dot (QD) color conversion. Our team combines QD synthesis, surface engineering and ink/photoresist formulation into patterned color conversion layers for emerging display technologies like microLED.
  • Fluence.technology — High-performance femtosecond lasers designed for seamless integration and drift-free stability in 24/7 operations.
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Hard2beat
VC Fund · Wroclaw, Dolnoslaskie, Poland · 4 investments in Poland Hardware startups

We invest in early-stage Polish deep tech startups with a clear technological edge, solving hard problems through software-driven or hardware-enabled solutions.

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Investment focus

  • Industry: Finance, Medical, Wholesale
  • Stage:Seed, Pre-Seed
  • Geography: Poland

Investor stats

  • Total investments: 10
  • Round size: Seed $801k–$3.4M
  • Lead/follow: 60% lead, 40% follow

Portfolio highlights

  • Ludus AI — Ludus AI is a technology company introducing a next-generation solution for the 3D game and visualization industry. The startup, founded by Piotr Penar, former CEO of DreamStorm Studios, aims to facilitate the creation of high-quality content in Unreal Engine by using artificial intelligence.Unreal Engine, although recognized as the best tool forcreating 3D experiences, presents significant challenges for creators. Complicated documentation and complex processes often lead to extended production times and increased costs. Ludus AI was created in response to these problems, resulting from the founder's direct experience in managing a 60-person team of developers during a 9-year journey through the gaming industry and working on projects for Microsoft, Google and UPS.We've created a comprehensive set of tools that significantly speed up work in Unreal Engine, offering users not only the basic capabilities offered by AI technology, such as project and blueprint analysis, but also the innovative ability to automatically create objects in virtual space based solely on a description.Ludus AI solutions are used in many industries. Game studios can significantly accelerate the development process of projects, architectural firms gain the ability to quickly create interactive visualizations, and the training and simulation sector can more effectively create advanced training environments. The technology also works in the automotive industry in the design of user interfaces and in film production in the creation of virtual film sets.We're building tools that we needed ourselves when running a game studio. The reality is that many teams can't afford to hire senior Unreal developers, yet they need to deliver high-quality projects. Our tools bridge that gap, making professional-grade development accessible to teams of any size.The company, which recently released the first version of its solution, is already attracting the attention of the industry, has over 5,000 users and plans further expansion into international markets. We secured our first investors with 1,000,000 PLN in funding, including Hartmann Capital and one private-equity investor. We also joined the EU’s top Concordia Design Accelerator. In the coming months, Ludus AI will focus on the stability of its product, adding more features to its assortment and developing its most frequently used and most effective tool, which is the creation of 3D objects by description.
  • Graftcode — Graftcode lets you call methods across languages without APIs, queues, or SDKs. Connect your modules as if they were all local.
  • Pikralida — Pikralida is a biotechnology company that researches and produces medicines.
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SAV (Scale Asia Ventures)
VC Fund · Menlo Park, California, United States · 4 investments in Poland Hardware startups, 9 in the past 12 months

Early stage VC investing into Enterprise Tech, FinTech and BioTech.

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Investment focus

  • Industry: Software, Artificial Intelligence, SaaS
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, United Kingdom, Canada

Investor stats

  • Total investments: 114
  • Round size: Seed $1.5M–$8.2M; Pre-Seed $125k–$500k; Series A $4M–$50M
  • Lead/follow: 4% lead, 96% follow
  • Last fund: Likely still investing — raised $30M in 2022

Portfolio highlights

  • Allus AI — Allus AI - Vision Foundation Model for Manufacturin
  • Cranston AI — Turning Accounting Services into Software
  • Crimson — The AI platform built specifically for litigation lawyers. Analyze case files, draft documents, and prepare for trial with AI that understands disputes.
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Spinaker alfa
VC Fund · Lodz, Lodzkie, Poland · 4 investments in Poland Hardware startups

Spinaker alpha is a venture capital firm invests in polish innovations and R&D projects by establishing new or recapitalizing existing companies.

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Investment focus

  • Industry: Information Technology, Robotics, Manufacturing
  • Stage:Seed, Venture - Series Unknown, Pre-Seed
  • Geography: Poland

Investor stats

  • Total investments: 17
  • Lead/follow: 18% lead, 82% follow

Portfolio highlights

  • Goodsafe — Goodsafe is a technology-service company that offers a secure digital safe for individuals and firms.
  • House of Glam — House of Glam is a home fragrance company that focuses on designing, manufacturing, and selling scented candles made from natural waxes.
  • Inovatica AGV — Inovatica AGV is an automation company that designs and produces autonomous guided vehicles (AGVs), including automated forklifts.
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Invento Capital
VC Fund · Katowice, Slaskie, Poland · 4 investments in Poland Hardware startups

ICT, fintech, energetics, new materials, robotics

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Investment focus

  • Industry: Information Technology, Software, Internet of Things
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: Poland, United Kingdom, Estonia

Investor stats

  • Total investments: 15
  • Round size: Seed $260k–$724k; Pre-Seed $118k–$250k
  • Lead/follow: 27% lead, 73% follow

Portfolio highlights

  • ResQuant — Post-quantum encryption and secure architecture for electronical devices
  • Strada CRM — An integrated system for managing the production of graphic and video content.
  • Fully-Verified — Destry Damayanti di Rekomendasi kan Prabowo untukJadi Gubernur BI.
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DN Capital
VC Fund · Menlo Park, California, United States · 4 investments in Poland Hardware startups

DN Capital is an early-stage venture capital firm that invests primarily in Europe and North America. The firm focuses on companies that plan to establish operations on both sides of the Atlantic, and strives to help its companies build international businesses. Founded in 2000, the company has operations in London and Silicon Valley. DN Capital’sprevious funds are top performers and the firm is one of the lead investors in companies such as Endeca (sold to Oracle), Shazam (one of the world’s leading mobile app), Auto1 (world's largest used car marketplace), Purplebricks (IPO London) and Quandoo (sold to Recruit).

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Investment focus

  • Industry: Software, SaaS, E-Commerce
  • Stage:Series A, Series B, Seed
  • Geography: United States, Germany, United Kingdom

Investor stats

  • Total investments: 342
  • Round size: Seed $786k–$12M; Series A $4M–$25M; Series B $9M–$108M
  • Lead/follow: 24% lead, 76% follow
  • Last fund: May invest from a new fund soon — raised $300M in 2021

Portfolio highlights

  • bonify — Bonify, a Berlin based FinTech-Start-up, enables customers to benefit from their credit scoring and financial data. The company gives customers free and easy access to their credit score and let them upload additional relevant data. Then, it offers tools and personalized recommendations to help optimize the customer’s financial situation.Foundedin 2015 by key executives of McKinsey and Zalando, bonify has received significant funding from internationally leading VCs and successful entrepreneurs.
  • unique.ai — Automate personalized experiences to successfully transform your organization.
  • Contrast — Contrast is a video engagement platform that provides users with the tools to create, edit, distribute, and analyze videos. Their features include themes, hubspot integration, source tracking and UTM management, an on-demand experience, customizable emails, and reminders.
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Innovation Nest
VC Fund · Kraków, Malopolskie, Poland · 4 investments in Poland Hardware startups

Innovation Nest invest in early stage B2B SaaS startups from Europe and help them grow from local to global using our network of contacts and strong in-house competencies. It strongly believes that the path to growth leads through Silicon Valley and strongly encourage our portfolio startups to set up presence there. The company supports high-techcompanies to grow faster and scale their business globally.

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Investment focus

  • Industry: Software, SaaS, Analytics
  • Stage:Seed, Series A
  • Geography: Poland, United States, United Kingdom

Investor stats

  • Total investments: 84
  • Round size: Seed $40k–$3.2M; Series A $4.5M–$10M
  • Lead/follow: 14% lead, 86% follow
  • Last fund: May invest from a new fund soon — raised $12M in 2011

Portfolio highlights

  • Infraspeak — Infraspeak is an Intelligent CMMS Software that brings outstanding flexibility, connectivity and intelligence to your operations.
  • AI Clearing — AI-powered platform for construction progress tracking and quality control, supporting contractors and asset owners in energy, utilities, infrastructure, and civil construction projects.
  • Meisterwerk — Meisterwerk provides a SaaS operating system for SMB field service and craftsman companies. They offer services that include operational planning, mobile time tracking, digital forms, information exchange, and their own workflows. Meisterwerk helps to communicate between the office and the workforce.
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AIP Seed
VC Fund · Warsaw, Mazowieckie, Poland · 4 investments in Poland Hardware startups

Our goal is to be the first investor in top CEE startups. Get in touch if you are at day one of building a global tech company. With more than 110 investments, AIP Seed is the largest fund in Poland and among the largest in CEE.

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Seed, Pre-Seed, Convertible Note
  • Geography: Poland, United States

Investor stats

  • Total investments: 32
  • Round size: Seed $30k–$12M; Pre-Seed $50k–$502k
  • Lead/follow: 75% lead, 25% follow
  • Last fund: Likely still investing — raised $29M in 2022

Portfolio highlights

  • Foodsi — Here at Foodsi we love food so much that we cannot let it go to waste! Our mission is not only to grow as a business, but - however bold that sounds - to change the world. We want to educate customers about food waste and save as many products as possible.Together we create the first Polish app that supports businesses in fighting food waste.With our help, producers can generate additional income while introducing a ‘less waste’ business model and clients get great products at discount prices. Win-win! We work not only with recognized companies, but also with local businesses. Artisan bakeries, flower shops, farmers markets - they all join us in a mission to save the surplus of their produce. Since we started in 2019, we have grown into a considerable competitor on the Polish market. By now we have saved more than 800 000 boxes of food and other products (cosmetics, flowers, pet food etc.), we collaborate with almost 3000 partners across the country, and we are engaged in social campaigns considering food waste.
  • Regunaut — Regunaut helps pharmaceutical companies keep their drug registrations compliant without the constant manual effort. Much of Regulatory Affairs work is still mechanical: matching fees to submissions across countries, sorting variation types, updating dossiers - tasks managed in spreadsheets and attachments. Even the largest pharma companies runregistrations on improvised tools. Our approach: let each marketing authorisation look after itself - it follows the rules, lines up updates, and involves people only when judgement is needed. Our first tools, the EU Fee Calculator and Variation Classifier, are already in use by 350 Regulatory Affairs professionals from 25+ countries, including teams at leading international pharma companies. Our vision is simple: no lost deadlines, no stalled approvals - just orderly, reliable access to medicines.
  • Ona Health — The AI-first practice management platform - one system that replaces your EHR, billing and patient tools.
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Chiratae Ventures
VC Fund · Bangalore, Karnataka, India · 3 investments in Poland Hardware startups, 7 in the past 12 months

Chiratae Ventures is a global network of venture capital funds with approximately $3.6 billion under management and a portfolio of over 220 companies built over the last 15 years. The Chiratae Ventures network is comprised of five independent partnerships managing funds in North America and Asia. Each partnership makes investments on behalf of itslimited partners, including International Data Group (IDG), the world's largest IT media company. By combining the IDG platform – an unparalleled combination of global publishing, market research (IDC), and conferences and exhibition resources – with years of hands-on experience in early-stage company building, each Chiratae Ventures fund helps companies understand their markets better and penetrate them faster than their competition.With partnerships in the USA, Korea and multiple locations throughout China, India and Vietnam, the IDG Ventures network offers the international perspective and the local market expertise to help companies grow from start-ups to global success stories.

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Investment focus

  • Industry: Software, Internet, E-Commerce
  • Stage:Seed, Series A, Series B
  • Geography: India, United States, China

Investor stats

  • Total investments: 158
  • Round size: Seed $600k–$5.5M; Series A $3.2M–$23M; Series B $6.6M–$30M
  • Lead/follow: 33% lead, 67% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • CtrlB — CtrlB provides data engines for observability and security data. Their innovative solutions enable organizations to monitor their systems in real-time, ensuring that potential security threats are identified and addressed promptly. With a focus on scalability and efficiency, CtrlB empowers businesses to leverage their data for informeddecision-making and enhanced operational resilience.
  • SuprSend — Meet SuprSend, a notification infrastructure to help developers build and manage notifications on all channels - sms, email, push, slack, chat and more - design once and send to all channels with a single API.
  • TakeMe2Space — Building space data center, open for all.
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Story Ventures
VC Fund · New York, New York, United States · 3 investments in Poland Hardware startups

Story is an early-stage venture fund based in NYC that invests in entrepreneurs with big visions leveraging technology and the proliferation of data to change the way people interact with the world.

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Investment focus

  • Industry: Software, Health Care, Information Technology
  • Stage:Seed, Series A, Series B
  • Geography: United States, Israel, Poland

Investor stats

  • Total investments: 64
  • Round size: Seed $1.5M–$7.6M; Series A $6M–$17M; Series B $21M–$100M
  • Lead/follow: 22% lead, 78% follow
  • Last fund: May invest from a new fund soon — raised $25M in 2018

Portfolio highlights

  • 10Beauty — The only 5-step manicure machine in the world.
  • Procode AI — AI coding copilot for medical billers. Direct-to-bill EHR integration, 5x faster and more accurate than humans. Fewer denials and reduced AR days.
  • True Footage — Moving the industry forward without leaving people behind. We seek to delight appraisers, lenders, and homeowners and to magnify the entrepreneurialism and dignity of valuation work.
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Firstminute Capital
VC Fund · London, England, United Kingdom · 3 investments in Poland Hardware startups, 10 in the past 12 months

firstminute is a seed fund backed by over 130 unicorn founders and a world-class community.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United Kingdom, United States, Germany

Investor stats

  • Total investments: 213
  • Round size: Seed $2.4M–$10M; Pre-Seed $650k–$5M; Series A $6M–$30M
  • Lead/follow: 26% lead, 74% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Intropy AI — Intropy increases distributor profitability by automating inventory and pricing decisions, at scale, across your distribution network.
  • Reimagine Robotics — Show the robot what to do, correct it where it fails, and adapt it as the process changes.
  • Frontier Health — Frontier Health develops artificial intelligence tools that help healthcare administration teams manage repetitive and high-volume tasks within existing clinical workflows. Its primary product, Juno, functions as an AI coworker that supports care coordination by processing information across multiple patient pathways and software systems. Theplatform is designed to work with a wide range of healthcare applications, enabling organizations to use their current systems while reducing manual administrative work. Frontier Health emphasizes clinical safety, data security, and compliance with healthcare standards, including NHS guidance and information security certifications. The company brings together technology specialists and healthcare professionals with experience working across numerous hospitals to address operational challenges in healthcare delivery.
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Space Bridge
VC Fund · Warsaw, Mazowieckie, Poland · 3 investments in Poland Hardware startups

Early stage VC company

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Investment focus

  • Industry: Manufacturing, Environmental Consulting, Software
  • Stage:Seed, Pre-Seed
  • Geography: Poland

Investor stats

  • Total investments: 18
  • Round size: Pre-Seed $240k–$350k
  • Lead/follow: 6% lead, 94% follow

Portfolio highlights

  • Arvena — Arvena is a packing company that produces biodegradable packaging papers, cups, plates, straws, stirrers, and cutlery products.
  • Plantmute — Plantmute is a manufacturing company that produces natural fiber and ecological insulation mats for sustainability.
  • Chemdev Innovation — Chemdev Innovation is a manufacturing company that produces neutralizing-washing substances to remove contamination by petroleum products.
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IZDAT
VC Fund · Warsaw, Mazowieckie, Poland · 3 investments in Poland Hardware startups

We build, co-found, and invest in startups across the globe

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Investment focus

  • Industry: AgTech, Agriculture, Farming
  • Stage:Pre-Seed, Convertible Note
  • Geography: Poland, Germany

Investor stats

  • Total investments: 4
  • Round size: Pre-Seed $127k–$129k
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Cropler — Сropler is an AI farmer’s adviser using real daily field data. We developed a multispectral optical sensor to help farm management platforms, farms and consultants reduce the risk of mistakes and increase yields based on AI.
  • GeoPard Agriculture — Precision Agriculture software for Ag operations. Discover the full potential of your fields and improve agronomic decisions.
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RKKVC
VC Fund · 3 investments in Poland Hardware startups

To be the first point of call for company founders from Central Europe who want to create history with their start-up. Our private independent early-stage boutique Venture Capital fund focuses on this promise. Our strategy is linked to technologies that benefit people and the planet. It’s a privilege for us to partner with people who seeopportunities around the corner. To them success is not about mere status, it is about making an impact.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: Poland, United Kingdom, Switzerland

Investor stats

  • Total investments: 31
  • Round size: Seed $902k–$9.9M; Pre-Seed $584k–$1.2M; Venture - Series Unknown $7.1M–$12M
  • Lead/follow: 6% lead, 94% follow

Portfolio highlights

  • Embotech — Embotech develops autonomous driving software for industrial and logistics applications. Its platform combines AI, computer vision, and motion planning to enable self-driving vehicles for ports, logistics yards, and automotive operations. The company also provides automated vehicle marshalling, fleet management, and safety-certified autonomysolutions for commercial deployments.
  • DBR77 Robotics Sp. z o.o. — Simulate your factory before you build it. Monitor OEE in real time. Run operations with IRIS. Five products, one industrial intelligence platform.
  • Hypersonix Launch Systems — Hypersonix Launch Systems specializes in hypersonic technology and scramjet engines in the global market.
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Sir Ronald Cohen
Angel · London, England, United Kingdom · 3 investments in Poland Hardware startups

Ronald Cohen is Chairman of the Global Social Impact Investment Steering Group and The Portland Trust. He is a co-founder director of Social Finance UK (2007-11), Social Finance USA, and Social Finance Israel, and of Big Society Capital. He was co-founder Chair of Bridges Ventures (2002-2012).He chaired the Social Impact Investment Taskforceestablished under the UK’s presidency of the G8 (2013-2015), the Social Investment Task Force (2000-2010) and the Commission on Unclaimed Assets (2005-2007). In 2012 he received the Rockefeller Innovation Award for innovation in social finance.He co-founded and was Executive Chairman of Apax Partners Worldwide LLP (1972-2005). He was a founder director and Chairman of the British Venture Capital Association and a founder director of the European Venture Capital Association.He is a graduate of Oxford University, where he was President of the Oxford Union. He is an Honorary Fellow of Exeter College, Oxford. He has an MBA from Harvard Business School to which he was awarded a Henry Fellowship.He is a member of the Board of Dean’s Advisors at Harvard Business School and Vice-Chairman of Ben Gurion University. He is a former director of the Harvard Management Company and the University of Oxford Investment Committee. He is a former member of the Harvard University Board of Overseers (2007-2013), former Trustee of the British Museum (2005-2012) and a former trustee of the International Institute for Strategic Studies (2005-2011).In 2007, Sir Ronald published: “The Second Bounce of the Ball – Turning Risk into Opportunity”.

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Investment focus

  • Industry: Health Care, Financial Services, Apps
  • Stage:Series A, Seed
  • Geography: Israel, United States, United Kingdom

Investor stats

  • Total investments: 23
  • Round size: Seed $3.3M–$100M; Series A $1.7M–$30M
  • Lead/follow: 4% lead, 96% follow

Portfolio highlights

  • Selina — Stay in stylish accommodations with vibrant spaces, community-driven events, and unforgettable experiences. Book your Socialtel adventure today!
  • Opmed.ai — Address OR resource shortages with OpMed. Optimize OR scheduling with AI for maximum efficiency, reduced costs, and better patient care.
  • Glide Identity — Transform your digital security with Glide Identity's AI-powered authentication suite. Our solutions - Magical Auth, Smart Checkout, and That's Me - deliver unmatched security with seamless user experience
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Khosla Ventures
VC Fund · Menlo Park, California, United States · 3 investments in Poland Hardware startups

Khosla Ventures is a venture capital firm that invests in early- to late-stage companies across sectors like AI, healthcare, sustainability, and consumer technology. It manages multiple funds, focusing on startups with innovative technologies or business models. The firm primarily targets sectors like AI, climate tech, digital health, and medtech,offering strategic support to help build long-lasting companies.

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Investment focus

  • Industry: Software, Artificial Intelligence, Health Care
  • Stage:Series A, Series B, Seed
  • Geography: United States, India, United Kingdom

Investor stats

  • Total investments: 1253
  • Round size: Seed $2M–$27M; Series A $5.7M–$47M; Series B $10M–$100M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely still investing — raised $557M in 2022

Portfolio highlights

  • Vectra AI — Vectra AI, the cybersecurity AI company that protects modern networks from modern attacks.
  • Zebra Medical Vision — NANOX AI enables more accurate risk-adjustment so patients are provided with preventative care paths they need, while improving quality of health services at significantly lower associated costs.
  • Blue River Technology — Blue River Technology is a pioneer in the use of computer vision and robotics for agriculture. Founded in 2011 by two Stanford University Alumni, Blue River Technology is bringing crop protection into the digital era with See & Spray machines that precisely observe and treat each plant in a field. By applying herbicides only to weeds thesemachines dramatically reduce the amount of chemicals used, enable farmers the freedom to choose any herbicide that meets their needs, and improve grower economics. Currently, farmers are limited to equipment that applies fertilizer and chemicals inefficiently across an entire field. In contrast, Blue River have developed tractor-towed robots that are able to sense each individual plant and precisely apply the right amount of inputs – all in real time, at tractor speeds.
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Maciej Frankowicz
Angel · Wroclaw, Dolnoslaskie, Poland · 3 investments in Poland Hardware startups

Maciej Frankowicz is the CEO and Partner at Shape.vc. He is also an Investor in AdTonos, Scanye, Sherlock Waste, and Aether Biomedical. Prior to that, he was the Business Developer and co-founder of AudioTrip.

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Investment focus

  • Industry: Medical, Medical Device, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Poland

Investor stats

  • Total investments: 7
  • Round size: Seed $225k–$1.3M; Pre-Seed $250k–$329k
  • Lead/follow: 86% lead, 14% follow

Portfolio highlights

  • Surveily — Surveily applies Artificial Intelligence to increase safety in manufacturing plants. It detects threats in real-time and allows for early prevention and mitigation. We cater to the most dangerous sectors that require an ever increasing safety parameters such as chemical, gas and oil. It integrates with existing CCTV infrastructure to minimisedeployment cost. It requires no internet so client can operate on their own infrasatructure and remove places.
  • Neuromedical — Neuromedical is a medical device company that supplies electro-stimulating equipment for clinical and therapeutic use. The company provides devices designed to support treatments involving nerve stimulation and pain management. Its products are used by healthcare professionals in various medical settings. Neuromedical focuses on deliveringequipment that meets clinical standards for safety and effectiveness. The company works with institutions and practitioners to support patient care through specialized technology. Its offerings are applications in neuromodulation and rehabilitation.
  • Aether Biomedical — Aether Biomedical is a medical robotics company making bionics accessible to all. We aim to deliver medical devices engineered to exceed global standards.
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SMOK Ventures
VC Fund · Warsaw, Mazowieckie, Poland · 3 investments in Poland Hardware startups

Bridging Silicon Valley to CEE

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Seed, Pre-Seed
  • Geography: Poland, United States, Ukraine

Investor stats

  • Total investments: 80
  • Round size: Seed $477k–$3M; Pre-Seed $54k–$1.4M
  • Lead/follow: 53% lead, 47% follow
  • Last fund: Likely still investing — raised $25M in 2024

Portfolio highlights

  • Paypercut — Paypercut is a fintech startup that allows small and mid-scaled merchants to offer Buy Now, Pay Later at checkout via a single integration.
  • Primio — The Fastest Way From Idea to App Store Native iOS and Android. Web included. Ready for app stores in minutes.
  • Principle — Test your strategic decisions before you commit. Principle simulates competitors, regulators, and market forces to stress-test your bets against adversarial reality.
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JR Holding
VC Fund · Kraków, Malopolskie, Poland · 3 investments in Poland Hardware startups

JR HOLDING is an Alternative Joint Stock Company listed on the NewConnect stock market of the Warsaw Stock Exchange since 2012.When investing in a given project, we invest primarily in people who can manage the company, team, capital and achieve their goals. We consciously don't invest in activities that lack a leader, coordinator, someonewho is fully involved in managing the project. We believe that our greatest value is the fact that so many people trust us and look for a partner for joint investments in us. We adhere to the principle of creating value through investments made. The company builds its financial potential by investing in projects and industries with a high rate of return, which allow us to achieve above-average profits in the long term.In accordance with our strategy, we invest in several key industries of the future, such as Digital Business Renewable energy Space Industry Deeptech / Hardware Biotech Gaming New MediaHowever, we believe that creating a business is more than just good projects or industries with potential - it's people and relationships with them. Employees, leaders and shareholders - people with whom we create and achieve our goals together.

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Investment focus

  • Industry: Software, Manufacturing, Nanotechnology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Poland, United States, United Kingdom

Investor stats

  • Total investments: 14
  • Round size: Seed $300k–$2.3M
  • Lead/follow: 57% lead, 43% follow

Portfolio highlights

  • Kogena — Remote diagnostics and maintenance platform for industrial and collaborative robots to improve efficiency and predict unplanned stops
  • Moniti — Moniti is an all-in-one mobile solution designed for deskless and on-the-go teams. It empowers companies to efficiently manage their workforce, whether they operate in the field or perform tasks outside traditional office settings. With Moniti, businesses can streamline scheduling, task assignment, communication, and performance monitoring for bothmobile and stationary teams. It offers a comprehensive solution that caters to the unique needs of non-desk workers, enabling businesses in various industries to optimize their operations and enhance productivity.
  • Nanovery — Founded by scientists specialised in Nanotechnology, Medicinal Chemistry and Artificial Intelligence, we are on a mission to enable early detection of cancer through a rapid and affordable blood test Backed by academics at top universities, clinicians, industrial leaders, and Entrepreneur First.
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Manta Ray Ventures
VC Fund · London, England, United Kingdom · 3 investments in Poland Hardware startups, 6 in the past 12 months

Manta Ray Ventures is an early-stage venture capital fund backing mission-driven founders that provides flexible and patient capital, leveraging time, resources, and networks resources and networks as far as possible to support its portfolio companies.

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Investment focus

  • Industry: Software, Information Technology, Health Care
  • Stage:Seed, Series A, Series B
  • Geography: United States, United Kingdom, Poland

Investor stats

  • Total investments: 94
  • Round size: Seed $1M–$10M; Series A $6.5M–$25M; Series B $9M–$109M
  • Lead/follow: 5% lead, 95% follow

Portfolio highlights

  • Tequipy — Buy, configure, and deploy devices in 180+ countries at local retail price. No contracts, no mark-ups, no recurring fees. ISO 27001 certified.
  • Alien — Alien develops decentralized digital identity infrastructure focused on privacy-preserving proof of humanity and trust online. It builds a blockchain-based human network that uses biometric verification, cryptographic proofs, and decentralized protocols to authenticate unique humans and AI agents. The platform enables human verification, access tohuman-only spaces, and accountable AI systems.
  • Infinitopes — Infinitopes is a cancer research organization whose mission is to strengthen the immune system so that it can stop metastases and save lives. The company's platform creates healthcare systems and therapy designs to integrate high-efficiency vector delivery systems with optimal tumor target identification technologies in early-stage clinicaltrials, allowing patients to prevent cancer and tumors from taking their lives
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Xplorer Fund
VC Fund · 3 investments in Poland Hardware startups

Investment focus

  • Industry: Software, Virtual Reality, Developer Platform
  • Stage:Pre-Seed
  • Geography: Poland

Investor stats

  • Total investments: 6
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • T-Pak — T-Pak is a research institute that specializes in approaches of processing multi-material raw materials produced from garbage.
  • Polski Biogaz — The company produces modern container biogas plants controlled by own artificial intelligence solutions. Thanks to advanced technology, these compact units are able to effectively convert various types of organic waste in the form of biomass into pure biogas, which can then be used to produce electricity, heat or be purified to bio-methane.
  • Metaskills — AI-powered VR training platform for soft skills development. Improve communication, leadership, and teamwork through immersive simulations with 3D avatars. Get real-time feedback, boost employee performance, and accelerate learning outcomes up to 4x faster.
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Brave Venture Capital
VC Fund · Wroclaw, Dolnoslaskie, Poland · 3 investments in Poland Hardware startups

Brave Seed Fund is a venture capital firm.

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Investment focus

  • Industry: Information Technology, Communities, Electronics
  • Stage:Seed
  • Geography: Poland

Investor stats

  • Total investments: 20
  • Lead/follow: 5% lead, 95% follow

Portfolio highlights

  • Task4m — Task4m is a gamifaction based platform that offers tasks and rewards for task based interactions for businesses and employees.
  • WoofOne — Pre-launch marketing agency for SaaS and eCommerce founders. 90-day MVA Framework, 46 campaigns, $1.2M+ raised. Launch to 1,000+ true fans, not silence.
  • Chameleon — Chameleon is an electronics manufacturing company that manufactures radar based electric bikes for cyclists.
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HardGamma Ventures
VC Fund · Warsaw, Mazowieckie, Poland · 3 investments in Poland Hardware startups

HardGamma Ventures is a venture capital fund that invests in startups that focuses on computing, internet, biotechnology, and more. Early stage VC fund focused on Polish and CEE startups.The Fund invests in projects such as seed and startups in the area of computing, Internet, mobile technologies, the biotechnology sector and physicochemicaltechnologies. HardGamma Ventures invests in strong teams developing projects with global potential - providing funding and support for business planning, marketing, product positioning and other business functions.The HardGamma team is constantly in contact and cooperation with leading competitions and incubator programs in Europe and USA - Seedcamp (UK), The Difference Engine (UK), Springboard (UK), Startup Bootcamp (Denmark), TechStars (United States), and the pan-European incubator program HackFwd (Germany), where the team is responsible for the assessment and certification program for start-ups, and the International Incubator of the University of Maryland (United States).The team of HardGamma is also building a network affiliation with other VC funds in the region to broaden the range of exploration and investment opportunities and to increase international support and business opportunities for the portfolio of projects.

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Investment focus

  • Industry: Software, E-Commerce, Education
  • Stage:Seed, Series A
  • Geography: United Kingdom, Poland, United States

Investor stats

  • Total investments: 39
  • Round size: Seed $35k–$1.1M
  • Lead/follow: 38% lead, 62% follow

Portfolio highlights

  • 1mind — Finding a therapist is hard, we can help. Get matched to a therapist near you with 1mind.
  • Codility — The #1 online coding test & interview platform for enterprises. Assess technical talent with valid skill-based assessments and interviews.
  • Proxigroup — Solving the lack of visibility and transparency in asset management.
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PKO VC
VC Fund · Warsaw, Mazowieckie, Poland · 2 investments in Poland Hardware startups

PKO VC is a venture capital fund established by the Polish bank PKO Bank Polski. The fund primarily invests in companies that provide technologies for the financial industry.

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Investment focus

  • Industry: Apps, Software, Telecommunications
  • Stage:Series A, Seed, Series B
  • Geography: Poland, United States

Investor stats

  • Total investments: 6
  • Round size: Series A $4.8M–$25M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • Autenti — Autenti is a platform for document authorization and contracting via the Internet. It facilitates the signing of many papers and accelerates the working mode in companies.
  • CTHINGS.CO — Non-intrusive and straightforward solutions built to capture precious data hidden in processes and assets, leading to lower costs and better decisions.
  • MoviePass (NEW) — Find out how MoviePass can save you 30% or more on movie tickets.
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Hoxton Ventures
VC Fund · London, England, United Kingdom · 2 investments in Poland Hardware startups

Hoxton Ventures focuses on startups that either disrupt existing industries or invent entirely new market categories. Hoxton typically invests between $500,000 and $5 million into pre-seed, seed, and Series A stage companies, and follows its capital through the life of the company. The firm is based in London and invests all across Europe.

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Investment focus

  • Industry: Artificial Intelligence, Software, Health Care
  • Stage:Seed, Series A, Series B
  • Geography: United Kingdom, United States, Canada

Investor stats

  • Total investments: 137
  • Round size: Seed $1.9M–$12M; Series A $5M–$28M; Series B $6M–$35M
  • Lead/follow: 42% lead, 58% follow

Portfolio highlights

  • Preply — Looking for a tutor? Preply is the best platform for private online lessons with a flexible payment system and affordable prices. Book your first lesson.
  • Behavox — Behavox is an enterprise platform that unifies all types of data into a single data lake, allowing users to query the data and apply machine learning to identify capital markets misconduct and insider threats.Separate Behavox installations form the network defence that aggregates misconduct detection algorithms. The network then uses machinelearning and AI to optimise detection algorithms and suggest new ones. This innovation enables the “brains” to the system to continuously improve and evolve.Complex, high-load and sophisticated engineering is at the core of all the products that Behavox develops to enable deployment at the largest institutions in financial services. They are taking cutting-edge academic research and applying it to enterprise problems that require complex backend engineering with large-scale production footprint.
  • Fabrica AI — Fabrica AI offers a revolutionary platform for faster robot development, using custom hardware designs and learned optimal control to increase efficiency while minimizing complexity and cost. With a vision for a future where robot development takes days, not years.
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4growth VC
VC Fund · Warsaw, Mazowieckie, Poland · 2 investments in Poland Hardware startups

4growth VC is a venture capital firm.

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Investment focus

  • Industry: Health Care, Financial Services, Artificial Intelligence
  • Stage:Seed, Convertible Note
  • Geography: Poland, United States

Investor stats

  • Total investments: 12
  • Round size: Seed $967k–$11M
  • Lead/follow: 75% lead, 25% follow

Portfolio highlights

  • Holi — Holi is a digital metabolic wellness clinic.It helps to treat Obesity, insulin resistance, type 2 diabetes, and heart diseases.
  • Talkie.ai — Enhance patient access with an AI medical receptionist. Over 300,000 unique patients served monthly. Specialized for US medical practices.
  • Saventic Health — Saventic Health is a med-tech company that develops an AI-powered clinical decision support system (SARAH platform) to support clinicians in diagnosing rare diseases.
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Marcin Zukowski
Angel · San Mateo, California, United States · 2 investments in Poland Hardware startups

Marcin Zukowski is the Co-Founder at Snowflake.

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Investment focus

  • Industry: Software, Artificial Intelligence, Machine Learning
  • Stage:Pre-Seed, Seed, Series B
  • Geography: Poland, United States, Romania

Investor stats

  • Total investments: 13
  • Round size: Seed $4.8M–$14M; Pre-Seed $502k–$1.8M
  • Lead/follow: 8% lead, 92% follow

Portfolio highlights

  • Archbee — Archbee is a lightweight, flexible docs tool for product docs on your domain, internal wikis & knowledge bases, API references, developer guides, changelogs, diagrams.
  • Revoize — Enable live translation, accent normalization, and studio-grade voice restoration on any device. The world's first end-to-end Speech-to-Speech transformer running locally with millisecond-level latency.
  • Cover — Build a Cover home in your backyard.
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Finch Capital
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 2 investments in Poland Hardware startups

Backing entrepreneurs to build Financial Technology market leaders in Europe and South East Asia. Finch Capital invests in financial services, real estate tech, insurance tech, etc.

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Investment focus

  • Industry: FinTech, Financial Services, Software
  • Stage:Series A, Seed, Series B
  • Geography: United Kingdom, The Netherlands, Ireland

Investor stats

  • Total investments: 78
  • Round size: Seed $252k–$5.5M; Series A $2.7M–$16M; Series B $5M–$55M
  • Lead/follow: 55% lead, 45% follow
  • Last fund: May invest from a new fund soon — raised $159M in 2021

Portfolio highlights

  • Ayoconnect — API pulsa, token listrik, e-money, dan PPOB terlengkap. Ayoconnect menghubungkan 50+ platform ke 3.000 produk digital.
  • in3 — in3 is a Dutch FinTech, founded in 2018 at the heart of Eindhoven's innovative top technology region with one goal: creating ease of payment for online shoppers. We offer BNPL to consumers to pay in 3 instalments at 0% interest. At the same time, we take over the potential risks of the webshop. We are a social responsible BNPL solution whichdoes not make money out people who pay late or don't pay but out of succesfull payments. We don't charge late fees and with our state of the art credit check we offer consuments a spending limit that doesn't get them in debts.The former company name Capayable B.V., founded in 2013, which offered Pay Later and Pay in 3 instalments is officially rebranded into in3.
  • APEXX — The APEXX payment gateway consolidates global payment providers into a single integration point, optimising the cost of complex payment ecosystems.
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Vinci
VC Fund · Warsaw, Mazowieckie, Poland · 2 investments in Poland Hardware startups

Vinci manages venture capital funds. which invests in research and development projects at early stages of development.

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Investment focus

  • Industry: Manufacturing, Health Care, Biotechnology
  • Stage:Seed, Venture - Series Unknown
  • Geography: Poland, Denmark, Finland

Investor stats

  • Total investments: 14
  • Round size: Seed $4.8M–$7.7M; Venture - Series Unknown $10M–$17M
  • Lead/follow: 79% lead, 21% follow

Portfolio highlights

  • Jutro Medical — Jutro Medical offers a combination of online and offline primary care — pairing mobile first telemedicine with physical clinic
  • Intelliseq — Every genome tells a story. We power its discovery via the iFlow platform
  • Fluence.technology — Fluence is an ultrafast fiber laser manufacturer, with the unique all-fiber technology that ensures unprecedented stability of their femtosecond lasers.
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Eteron VC
VC Fund · Poznan, Wielkopolskie, Poland · 2 investments in Poland Hardware startups

Private Equity Firm, Venture Capital

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Investment focus

  • Industry: Fitness, Hardware, Software
  • Stage:Pre-Seed
  • Geography: Poland

Investor stats

  • Total investments: 2
  • Round size: Pre-Seed $360k–$420k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • SOLO Workout (Heavy Kinematic Machines) — SOLO allows gym owners to modernise their facility without the need to replace equipment.
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Aligo Venture Capital
VC Fund · Tczew, Pomorskie, Poland · 2 investments in Poland Hardware startups

Aligo is a group of experts with extensive expertise in capital investments, research and development project funding, and the commercialization of innovative goods. Aligo's business is investing in early-stage companies (start-ups / early stage), which have already assembled a project team and secured their first clients.

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Investment focus

  • Industry: Health Care, E-Commerce, Medical Device
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Poland, United States, United Kingdom

Investor stats

  • Total investments: 24
  • Round size: Seed $280k–$1.5M
  • Lead/follow: 58% lead, 42% follow

Portfolio highlights

  • Prosoma — Prosoma was born out a need to provide more comprehensive care for cancer patients. We have found a fundamental lack of access to psychological care for patients who not only have to face a life-altering disease and treatment, but also crucially have a different set of needs than other psychological patients. Barriers to accessing psychologicalcare often include low numbers of therapists and clinicians in the area, financial or geographical limitations, and the general wellbeing of patients preventing them from attending meetings. All of these issues can be solved by modern technology.By using VR as part of, or when necessary, an alternative to traditional psychological treatment, we can reach patients that would otherwise be left without any support. They can use our tool at home or in the clinics whilst undergoing pharmacological treatment and chemotherapy.We hope to provide patients with a tool that will help them manage stress, cope with the burden of cancer, and eventually improve their quality of life.
  • Envirly — Envirly is a Polish technology company that offers an innovative platform for managing sustainable development, and the carbon footprint of organizations and products.
  • Health Networks — Mobile App, SaaS, Wellbeing
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David Rowan
Angel · London, England, United Kingdom · 2 investments in Poland Hardware startups

David Rowan is editor of the UK edition of WIRED magazine, which won 2009 Launch of the David Rowan is Editor of the WIRED UK, the technology and trends magazine covering online brands, gadgets and the culture that surrounds them. David has reported on technology for The Times and Channel 4 News, the latter requiring him to illustrate the newiPod Video from the set of a porn shoot. He's also written for The Sunday Times and Telegraph Magazines, and edited the Guardian's on-line content. David has curated an exhibition of British creative talent at the Government's Cabinet Forum conference. He has also addressed the TEDs, and frequently contributes on Newsnight and the Today programme. He also writes a monthly column for GQ. David is in touch with many of the world's leading trend-setters and spotters. In presentations he looks at how the net is disrupting almost every sector, how apps change consumer behaviour and why 'social commerce' is killing traditional marketing. He reveals the 10 trends that will change your market in the next decade - and what you should be doing now to protect yourself.

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Investment focus

  • Industry: Software, Machine Learning, Artificial Intelligence
  • Stage:Seed, Pre-Seed
  • Geography: United Kingdom, Croatia, Germany

Investor stats

  • Total investments: 25
  • Round size: Seed $1M–$5.5M; Pre-Seed $486k–$2.6M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • EWOR — EWOR is a platform dedicated to transforming aspiring entrepreneurs into successful startup founders through world-class education, mentorship, and investment opportunities.
  • Climate X — Climate X combines climate science and econometrics to deliver precise climate risk data without any black boxes.
  • Rhizocore Technologies — We develop high-performance strains of locally-sourced mycorrhizal fungi to improve tree growth, tree health and tree resiliency. We offer a sustainable solution to increase forest yields whilst improving the ability of trees to sequester carbon.
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Brent Hoberman
Angel · London, England, United Kingdom · 2 investments in Poland Hardware startups

Brent Hoberman is the Co-Founder and Executive Chair of Founders Forum. He previously worked at Royal Academy of Arts as a Corporate Advisory Board. Brent Hoberman attended the University of Oxford.

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Investment focus

  • Industry: Software, Artificial Intelligence, E-Commerce
  • Stage:Seed, Series A, Angel
  • Geography: United Kingdom, United States, France

Investor stats

  • Total investments: 38
  • Round size: Seed $637k–$5.8M; Series A $1.6M–$21M
  • Lead/follow: 29% lead, 71% follow

Portfolio highlights

  • Bardeen — Bardeen is an automation app to replace your repetitive tasks with a single shortcut and control your web apps from anywhere. Explore our integrations with your favorite apps and hundreds of pre-built playbooks that help you stay in the flow.
  • Nous — Find out exactly how your household finances will be affected by the cost-of-living crisis with Nous on your side.
  • Framework — Framework is the world’s first on-demand business school, radically reimagined for them. Born out of Founders Forum, a private network of the world's top tech entrepreneurs, we’ve worked with over 100+ operators—across product, growth, ops, people, data, engineering & design, from some of the world's most innovative companiesincluding Monzo, Babylon, Bulb & Depop—to pioneer a new model of lifelong learning.
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Hardware Investor funding in Poland at a glance

Stats across 316 deals from 341 investors.

341
investors
in Poland Hardware startups
316
deals
in Poland Hardware startups
$499k
median round
in Poland Hardware startups
40%
lead investors
lead at least one round
39%
Seed
most common funding stage
74/26
VC / Angel
share of investor count

Access all 341 investors in Poland Hardware startups.

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