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Top 40 Medical Device Startup Investors in Poland (July 2026)

The most active venture capital funds and angel investors investing in Poland Medical Device startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Poland Medical Device startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Aligo Venture Capital
VC Fund
5 Poland, United Kingdom, United States Seed, Pre-Seed, Series A Health Care, E-Commerce, Medical Device $236k–$1.5M
Sunfish Partners
VC Fund
4 Poland, United Kingdom, United States Pre-Seed, Seed Artificial Intelligence, Software, Information Technology $354k–$4.6M
Hard2beat
VC Fund
3 Poland Seed, Pre-Seed Finance, Medical, Wholesale $801k–$3.4M
Chiratae Ventures
VC Fund
3 India, United States, China Series A, Seed, Series B Software, Internet, E-Commerce $500k–$30M
National Center for Research & Development
VC Fund
3 Poland, United States, Canada Grant, Seed, Pre-Seed Artificial Intelligence, Software, Machine Learning $260k–$4.2M
LSI (Life Science Innovations Fund)
VC Fund
2 Poland, United States Pre-Seed, Seed, Series D Health Care, Life Science, Medical Device
Story Ventures
VC Fund
2 United States, Poland, Morocco Seed, Series A, Series B Information Technology, Software, Health Care $1.5M–$100M
Manta Ray Ventures
VC Fund
2 United States, United Kingdom, Poland Seed, Series A, Series B Software, Information Technology, Health Care $1M–$109M
LKCM Headwater
VC Fund
2 United States, Poland Series A, Private Equity Gaming, Medical, Railroad $10M–$20M
Joyance Partners
VC Fund
2 United States, Germany, United Kingdom Seed, Series A, Pre-Seed Health Care, Biotechnology, Wellness $425k–$13M
SpeedUp Venture Capital Group
VC Fund
2 Poland, Germany, United States Seed, Pre-Seed, Series A Software, Artificial Intelligence, SaaS $71k–$12M
Medi Ventures
VC Fund
2 Poland, Hong Kong Seed Manufacturing, Medical Device, Health Diagnostics $218k–$3M
Next Road Ventures
VC Fund
1 Poland, Sweden, Lithuania Pre-Seed, Seed, Convertible Note Software, E-Commerce, Machine Learning $420k–$1.6M
Maciej Frankowicz
Angel
1 Poland Seed, Pre-Seed, Angel Medical, Medical Device, Artificial Intelligence $225k–$1.3M
Programa
VC Fund
1 Poland Pre-Seed Fitness, Health Care, Medical Device
Movens Capital
VC Fund
1 Poland, Czech Republic, Germany Seed, Pre-Seed, Series A Software, Artificial Intelligence, Machine Learning $302k–$17M
LT Capital
VC Fund
1 Poland, United States, Sweden Seed, Pre-Seed, Angel Software, Internet, SaaS $124k–$2.1M
J2 Ventures
VC Fund
1 United States, Poland, Finland Seed, Series A Information Technology, Artificial Intelligence, Software $3M–$33M
National Center for Research and Development
VC Fund
1 Poland, United Kingdom Grant, Seed, Pre-Seed Machine Learning, Artificial Intelligence, Big Data $1.1M–$2.5M
Elevate Ventures
VC Fund
1 United States, Mexico, Poland Seed, Pre-Seed, Series A Software, Health Care, Information Technology $20k–$20M
FundingBox Deep Tech Fund
VC Fund
1 Poland, Canada, Estonia Seed, Pre-Seed Software, Information Technology, Artificial Intelligence $85k–$2.6M
KnowledgeHub
VC Fund
1 Poland, Sweden Seed, Pre-Seed, Series A Software, Marketplace, B2B $244k–$2.1M
HardGamma Ventures
VC Fund
1 United Kingdom, Poland, United States Seed, Convertible Note Software, E-Commerce, Education $35k–$1.1M
Bas Godska
Angel
1 United States, The Netherlands, United Kingdom Pre-Seed, Seed, Angel Software, SaaS, E-Commerce $85k–$2M
Simpact Ventures
VC Fund
1 Poland, United States, Estonia Seed, Pre-Seed, Venture - Series Unknown Software, Health Care, SaaS $250k–$3.2M
Shape VC
VC Fund
1 Poland, India, France Seed, Pre-Seed Software, Artificial Intelligence, Robotics $225k–$500k
Bhavik Bajaj
Angel
1 United States, Switzerland, United Kingdom Pre-Seed, Seed, Angel Information Technology, Software, FinTech $15k–$5M
AIP Seed
VC Fund
1 Poland, United States Seed, Pre-Seed, Convertible Note Software, Information Technology, SaaS $30k–$12M
TDJ Pitango Ventures
VC Fund
1 Poland, Singapore Seed, Pre-Seed, Series A Analytics, E-Commerce, Artificial Intelligence $2M–$12M
Dolnośląska Instytucja Pośrednicząca
VC Fund
1 Poland Seed Medical, Software, Health Care
4growth VC
VC Fund
1 Poland, United States Seed, Convertible Note, Venture - Series Unknown Health Care, Financial Services, Artificial Intelligence $967k–$5.2M
ERC VC
VC Fund
1 Poland Seed Medical, Manufacturing, Medical Device
Michał Białogrzywy
Angel
1 Poland Seed Medical, Software, Health Care
Michał Buras
Angel
1 Poland Seed Medical, Software, Health Care
Smartlink Partners
VC Fund
1 Poland, United Kingdom, Canada Seed, Series A, Venture - Series Unknown Health Care, Software, Medical Device $188k–$14M
Level2 Ventures
VC Fund
1 Poland, United Kingdom, Sweden Seed, Series A Artificial Intelligence, Robotics, Software $550k–$9.9M
NCBR Investment Fund ASI S.A.
VC Fund
1 Poland Seed, Convertible Note Software, Health Care, Artificial Intelligence $1.9M–$5.3M
BLDG Venture
VC Fund
1 Poland Seed Health Care, Medical Device, Enterprise Software
Turenne Capital
VC Fund
1 France, Poland, Germany Series A, Series B Software, Biotechnology, Health Care $2.8M–$30M
Social Starts
VC Fund
1 United States, Germany, United Kingdom Seed, Series A Software, Health Care, Artificial Intelligence $100k–$15M
Access all 59 investors in Poland Medical Device startups.

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

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Investor list

Aligo Venture Capital
VC Fund · Tczew, Pomorskie, Poland · 5 investments in Poland Medical Device 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 Kingdom, United States

Investor stats

  • Total investments: 28
  • Round size: Seed $236k–$1.5M; Pre-Seed $560k–$702k
  • Lead/follow: 54% lead, 46% follow

Portfolio highlights

  • MEDUCE — MEDUCE is a data management platform designed for healthcare businesses for conclusions based on historical data.
  • 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.
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Sunfish Partners
VC Fund · Warsaw, Mazowieckie, Poland · 4 investments in Poland Medical Device 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, Information Technology
  • Stage:Pre-Seed, Seed
  • Geography: Poland, United Kingdom, United States

Investor stats

  • Total investments: 36
  • Round size: Seed $500k–$4.6M; Pre-Seed $354k–$2.4M
  • Lead/follow: 67% lead, 33% follow
  • Last fund: May invest from a new fund soon — raised $18M in 2019

Portfolio highlights

  • C2Grid — C2Grid delivers AI-powered 3D situational awareness by transforming video into interactive, multi-layered intelligence. Its technology enhances tactical and operational visibility, accelerates decision-making, and improves mission outcomes. Designed for both military and civilian use, C2Grid’s solutions save time, boost efficiency, and ultimatelyprotect lives.
  • 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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Hard2beat
VC Fund · Wroclaw, Dolnoslaskie, Poland · 3 investments in Poland Medical Device 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 — Connect any code. No APIs. Call as dependency
  • Pikralida — Pikralida is a biotechnology company that researches and produces medicines.
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Chiratae Ventures
VC Fund · Bangalore, Karnataka, India · 3 investments in Poland Medical Device 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:Series A, Seed, Series B
  • Geography: India, United States, China

Investor stats

  • Total investments: 153
  • Round size: Seed $500k–$8M; Series A $3.2M–$23M; Series B $5.9M–$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 — TakeMe2Space is a startup focused on democratizing access to space and advancing space technology. M2Space aims to revolutionize how people interact with space by enabling access and experimentation for everyone. They are involved in building satellites and fostering innovation in the space sector
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National Center for Research & Development
VC Fund · Warszawa, Mazowieckie, Poland · 3 investments in Poland Medical Device startups

The National Research and Development Centre is an executive agency of the Minister of Science and Higher Education. It was established in summer 2007 as a unit realizing the tasks of scientific, scientific-technical and innovation policy. At the time of inception was the first unit of this type, created as a platform for effective dialogue betweenscience and business environment. Currently it operates under the Act of 30 April 2010 by the National Centre for Research and Development (Dz. U. 2010, No. 96 item. 616). Introduced in autumn 2010 reform of the science center has allowed greater freedom in disposing financial resources, within the framework of the strategic research agenda. An additional 1 September 2011, NRDC has expanded the scope of its activities with new initiatives and opportunities. Taking over from the Ministry of Science and Higher Education function of the Intermediate in three operational programs: Human Capital, Innovative Economy and Infrastructure and Environment, has become one of the largest centers supporting innovation in Poland. The Centre is funded by the Treasury and European Union funds.

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Investment focus

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

Investor stats

  • Total investments: 50
  • Round size: Seed $260k–$1.8M; Grant $500k–$4.2M; Pre-Seed $1.2M–$2M
  • Lead/follow: 54% lead, 46% follow

Portfolio highlights

  • LabFarm — The first Polish cultivated meat company specializing in lab-grown chicken products. It aims to create real meat products but without taking the lives of animals and with the least impact on the environment.
  • IS-Wireless — 4G and 5G Mobile Networks of the Future
  • QNA Technology — QNA Technology's mission is to implement nanomaterials into the industry in order to develop innovative technologies.
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LSI (Life Science Innovations Fund)
VC Fund · Bialystok, Podlaskie, Poland · 2 investments in Poland Medical Device startups

LSI is a pre-seed and seed stage venture capital in Poland. We invest in early-stage start ups in life science domain. We mainly focus on healthcare, environmental protection, biotech and medtech. We are a team of passionate people whose goal is to improve everyone’s life and make the world a better place.

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Investment focus

  • Industry: Health Care, Life Science, Medical Device
  • Stage:Pre-Seed, Seed, Series D
  • Geography: Poland, United States

Investor stats

  • Total investments: 9
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • ABA Stroke — ABAStroke is the MedTech company developing digital therapeutics for patients after stroke requiring long-term neuropsychological rehabilitation.The innovation of ABAStroke is based on three principles:1. The core of the product is based on Applied Behavior Analysis (ABA) which is the leading, research-based methodology proven to bringmeaningful change in behavior in individuals with cognitive impairments. 2. The system is dynamically adapting to patients' needs with machine learning algorithms. 3. It is dedicated to home rehabilitation and designed for mobile devices, so patients can experience effective therapy at any place and time, without the presence of a specialist, to a greater extent than the traditional health system offers them. The health systems in many EU countries can provide reasonably good health services, but usually only at the beginning during primary rehabilitation. The huge gap in care occurs when patients return home. Lack of neuropsychologists makes further rehabilitation very limited to private treatment. The aging population leads to a higher number of strokes and the problem will be more concerning in the coming years. Urgent action is needed, and we strongly believe that ABAStroke, the well crafted DTx based on ABA, is the right solution to face the challenge.
  • Health 2 Organ — Health 2 Organ is a team of meditians and engineers that aspire to invent a medical device that will be used in transplantology. We aspire to develop a device that uses constant perfusion & nanothermia to keep organs (kidneys) ex vivo. This system allows to keep the organs longer and in better quality. It would also enable healing organs.
  • TMRW Life Sciences — Discover automated fertility storage built for IVF clinics and patients. Trusted technology for safe, reliable cryopreservation.
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Story Ventures
VC Fund · New York, New York, United States · 2 investments in Poland Medical Device startups, 6 in the past 12 months

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

Investor stats

  • Total investments: 61
  • Round size: Seed $1.5M–$7.6M; Series A $6M–$17M; Series B $21M–$100M
  • Lead/follow: 20% lead, 80% 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 — Procode AI is collecting small to medium sizes. RCM/medical billing companies that we can enhance with our team and technology.
  • 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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Manta Ray Ventures
VC Fund · London, England, United Kingdom · 2 investments in Poland Medical Device startups, 8 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: 93
  • Round size: Seed $1M–$10M; Series A $6.5M–$24M; 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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LKCM Headwater
VC Fund · Fort Worth, Texas, United States · 2 investments in Poland Medical Device startups

LKCM Headwater Investments is a Texas-based private investment partnership that seeks to partner with management teams to build highly successful companies. They take an operationally-minded approach and provide companies with the tools necessary to build market leaders with sustainable competitive advantages. Their investment discipline is derivedfrom several decades of investing capital for their partners and ourselves. LKCM, their investment team, affiliates and related parties collectively represent approximately 30% of their committed capital, demonstrating both a passion for and belief in their efforts.LKCM Headwater is an affiliated entity of Luther King Capital Management, an SEC-registered investment firm established in 1979 with over $14.1B of AUM, 48 investment and other professionals and 81 employees*. LKCM’s proven investment discipline centers on a long-term focus of investing in well-managed companies that demonstrate an ability to re-invest cash flows into high return investment opportunities. LKCM maintains a client and employee centric culture which facilitates their ability to empathize with the challenges faced by many operators. Along with an in-house investment research team, LKCM provides LKCM Headwater with a network of pre-existing relationships, as well as back-office, legal, compliance and tax resources.

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Investment focus

  • Industry: Gaming, Medical, Railroad
  • Stage:Series A, Private Equity
  • Geography: United States, Poland

Investor stats

  • Total investments: 4
  • Round size: Private Equity $10M–$20M
  • Lead/follow: 100% lead, 0% follow
  • Last fund: May invest from a new fund soon — raised $513M in 2019

Portfolio highlights

  • Wishbone Medical — WishBone Medical develops and manufactures advanced implants for pediatric orthopedic surgeons to properly diagnose, treat and manage musculoskeletal problems in children - who are still growing.
  • ProbablyMonsters — Established in 2016 and announced in October 2019, ProbablyMonsters is a new breed of a game company that builds sustainable industry-leading studios to launch original games. The company was founded by Harold Ryan to not only create great games, but also to make a great working experience for developers, one where people, culture, and creativitycome first.ProbablyMonsters' mission is to unite, guide, and empower talented teams to create exceptional interactive experiences. The company has built a central team that provides early-stage infrastructure and long-term support to its studios on Operations, HR, Finance, BizDev, Tech, and QA, among other services. This unique model provides ProbablyMonsters studios the confidence, security, and stability to create and ship their games free of distractions.Its first two development studios, Firewalk Studios, and Cauldron Studios are each developing their own inaugural AAA game project via separate, signed deals with major publishers.
  • Magnus Technologies — Providing trucking & logistics companies with the BEST Transportation Management System (TMS) solutions & services for the COMPLETE business lifecycle.
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Joyance Partners
VC Fund · San Francisco, California, United States · 2 investments in Poland Medical Device startups

Joyance Partners invests in companies that, through science and tech, cultivate joy to improve how we live, focusing on the health and consumer sectors from Pre-Seed to Series A.

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Investment focus

  • Industry: Health Care, Biotechnology, Wellness
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Germany, United Kingdom

Investor stats

  • Total investments: 107
  • Round size: Seed $750k–$5.2M; Pre-Seed $425k–$2M; Series A $3.6M–$13M
  • Lead/follow: 7% lead, 93% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Oga — Fun Dance App.
  • KilgourMD — KilgourMD develops hair and scalp care products for reducing shedding and supporting scalp health. They formulate topical serums and treatment solutions. Their products address hair loss prevention and scalp maintenance.
  • Lucky Energy — LUCKY F*CK is a better-for-you energy drink company.
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Access 48,091 investors

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

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SpeedUp Venture Capital Group
VC Fund · Poznan, Wielkopolskie, Poland · 2 investments in Poland Medical Device 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, United States

Investor stats

  • Total investments: 60
  • Round size: Seed $135k–$4.3M; Pre-Seed $71k–$500k; Series A $2.1M–$12M
  • Lead/follow: 23% lead, 77% 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 — GetHenry is a rapidly growing subscription service for market-leading delivery companies. We make sure that thousands of couriers are on the move safely, quickly and comfortably every day. In this way, we not only create added value for delivery services, but also help to reduce transport-related CO2 emissions on the last mile.
  • 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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Medi Ventures
VC Fund · Kielce, Swietokrzyskie, Poland · 2 investments in Poland Medical Device startups

Medi Ventures is a VC fund that invests in early-stage biotech and medtech startups.

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Investment focus

  • Industry: Manufacturing, Medical Device, Health Diagnostics
  • Stage:Seed
  • Geography: Poland, Hong Kong

Investor stats

  • Total investments: 11
  • Round size: Seed $218k–$3M
  • Lead/follow: 82% lead, 18% follow

Portfolio highlights

  • Cannabibs — Cannabibs is a nanotechnology company that provides clinical trial drugs for the treatment of irritable bowel syndrome.
  • HI Orthotics
  • Klub Aktywnych
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Next Road Ventures
VC Fund · Warsaw, Mazowieckie, Poland · 1 investments in Poland Medical Device startups

We are a polish VC fund backed by the global business angels. Our sweet spot is European early stage companies founded by visionary entrepreneurs who aim to become global winners in their respective industry. Together with our affiliates, CEE Business Angel Network, leading European deal flow platform Vestbee as well as our global network of VCfunds and corporate partners, we support our companies with the relevant network, expertise, resources and funds to help them expand to new markets. Next Road Ventures in a nutshell: GEOGRAPHY - Europe with a strong focus on Central & Eastern Europe; ROUNDS - seed, pre-series A, series A; STAGES - product on the market (at least MVP), revenue or growing traction; SECTORS - multi-sector with a preference on ICT, Big Data, SaaS, Martech, Fintech, Industry 4.0, IoT, e-commerce etc.; TICKET - up to 1M EUR

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Investment focus

  • Industry: Software, E-Commerce, Machine Learning
  • Stage:Pre-Seed, Seed, Convertible Note
  • Geography: Poland, Sweden, Lithuania

Investor stats

  • Total investments: 16
  • Round size: Seed $439k–$1.1M; Pre-Seed $420k–$1.6M
  • Lead/follow: 44% lead, 56% follow

Portfolio highlights

  • Epinote — Epinote is Warsaw-based annotation boutique that provides high quality data annotation and collection services. We specialise in Computer Vision, NLP and search relevance projects including image, video, text and audio annotations. Our workforce consists of only in-house employees, mostly graduates of top Polish universities. Our managementconsists of experts who know exactly how to manage large human-intense projects and understand deeply Data Scientists needs. The highest delivered quality and facing unstable inflow of work is what we challenge everyday. Contact us. You will not be disappointed.
  • AlohaCamp — AlohaCamp is an online booking portal for adventure travel. They offer tent, campervan, glamping, and cottage sites. It provides a referral program.
  • TrustMate — Reviews collection SAAS
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Maciej Frankowicz
Angel · Wroclaw, Dolnoslaskie, Poland · 1 investments in Poland Medical Device 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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Programa
VC Fund · Poznan, Wielkopolskie, Poland · 1 investments in Poland Medical Device startups

Programa™ software house create bespoke, non-standard web solutions for companies that want to automate, optimise and streamline daily work.

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Investment focus

  • Industry: Fitness, Health Care, Medical Device
  • Stage:Pre-Seed
  • Geography: Poland

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • StethoMe — StethoMe, an AI startup focussed on the world of healthcare and telemedicine. StethoMe is the first system that detects abnormalities in the respiratory system. StethoMe relies on medical AI algorithms (CE 2274) working together with a wireless stethoscope and dedicated application.The electronic StethoMe stethoscope is a precision medicaldevice intended for performing auscultation of the respiratory system and heart. The stethoscope connects to the smartphone via Bluetooth and enables making high quality recordings of auscultation sounds in a dedicated application. After the examination is finished, the sounds recorded are sent to the physician’s audiovisual panel where a unique sound StethoMe AI analysis preview is provided. StethoMe AI is the certified medical system intended for sound analysis supporting the diagnostic process. The system relies on artificial intelligence algorithms. It maximizes the treatment efficiency and increases the reliability of diagnosis. StethoMe AI detects pathological sounds in the respiratory system of children with high accuracy and provides information automatically about respiratory and heart rates.StethoMe ensures also control over examination quality thanks to it can be used by both patients at their homes and by medical centers that provide telemedicine services.The device and AI algorithms have been certified in EU as a class 2a medical device (CE2274).The StethoMe project can be implemented thanks to the trust of investors - SpeedUp Group, Programa.pl, TDJ Pitango Ventures and Manta Ray VC.Main achievements:- Baillie Gifford Discovery Competition - Winner, 2019- EC2VC Pitch Competition - Winner, 2019- IOT/WT Innovation World Cup, Healthcare - Winner, 2018- Startup World Cup & Summit - European Winner, BioTech Award, 2018- CESawards - Best Social Impact Startup, Best Newcomer, 2017 - Future X Healthcare start-up Award - 3rd Place Winner, Audience Award, 2017- Hardware Massive CEE - Winner, 2017 - Philips Innovation Challenge - Champion Award, 2016
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Movens Capital
VC Fund · Warsaw, Mazowieckie, Poland · 1 investments in Poland Medical Device startups

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: 47
  • Round size: Seed $384k–$3.7M; Pre-Seed $302k–$1.9M; Series A $318k–$17M
  • Lead/follow: 49% lead, 51% 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.
  • Doctor.One — Doctor.One is a next generation virtual clinic, helping any doctor build a subscription-based private practice. Our goal is to give everyone direct access to a private doctor, with the aim of restoring the trusted doctor-patient relationship as the foundation of healthcare.
  • 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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LT Capital
VC Fund · Krakow, Malopolskie, Poland · 1 investments in Poland Medical Device 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, Internet, SaaS
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Poland, United States, Sweden

Investor stats

  • Total investments: 31
  • 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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J2 Ventures
VC Fund · Boston, Massachusetts, United States · 1 investments in Poland Medical Device startups, 7 in the past 12 months

J2 Ventures operates as a venture capital firm. J2 Ventures is focused on leading-edge technology with dual-use applications to national security and the commercial sector

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Investment focus

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

Investor stats

  • Total investments: 50
  • Round size: Seed $3M–$10M; Series A $5.8M–$33M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: Likely still investing — fund raised in 2024

Portfolio highlights

  • Aalyria — We are revolutionizing the orchestration and management of planetary mesh networks using any radio or optical spectrum, any orbit, and any hardware across land, sea, air, and space.
  • Flashpass — Flashpass is an online social media certification designed for universities and startup accelerators.
  • Principal Mineral — Principal Mineral develops and scales domestic production of strategic metals, high-performance alloys, and advanced materials derived from industrial mineral sources. The company processes finished industrial mineral outputs and materials containing minerals from mining, recycling, and manufacturing streams. It serves the critical mineralsindustry as a manufacturer of metal products and alloys used in industrial and strategic applications. Principal Mineral also operates as a distributor and broker of these goods, coordinating supply across multiple material categories. Its activities focus on supporting secure supply of metals and advanced materials for customers that depend on critical mineral inputs.
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National Center for Research and Development
VC Fund · Warszawa, Mazowieckie, Poland · 1 investments in Poland Medical Device startups

The National Centre for Research and Development is the implementing agency of the Minister of Science and Higher Education. It was appointed in the summer 2007 as an entity in charge of the performance of the tasks within the area of national science, science and technology and innovation policies. When if was founded, it was the first entity ofthis type, created as the platform of an effective dialogue between the scientific and business communities.Currently, it operates under the Act on National Centre for Research and Development dated 30 April 2010 (Journal of Laws from 2010, No. 96 item 616). The science reform adopted in the autumn 2010 gave the Centre more freedom to manage its financial assets, within the scope of a strategic research programme.In addition, the National Centre for Research and Development extended its activity with new initiatives and possibilities on 1 September 2011. Assigned by the Ministry of Science and Higher Education the function of the Mediation Institution in three operational programmes: Human Capital, Innovative Economy and Infrastructure and Environment, the Centre became one of the greatest innovation centres in Poland. The activity of the Centre is funded by the national treasury and the European Union.

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Investment focus

  • Industry: Machine Learning, Artificial Intelligence, Big Data
  • Stage:Grant, Seed, Pre-Seed
  • Geography: Poland, United Kingdom

Investor stats

  • Total investments: 9
  • Round size: Seed $1.5M–$2.3M; Grant $1.1M–$2.5M
  • Lead/follow: 67% lead, 33% follow

Portfolio highlights

  • sky crops — AI-based robots that automatically and independently inspect and spray an orchard for: producer groups, farmers, greenhouses, and agronomists to reduce money waste, chemical usage and grow healthy fruits with high financial profit
  • Alphamoon — Alphamoon is a Document Automation platform. Save up to 90% of your costs related to manual work & extract data with 98% accuracy.
  • Labplus — Labplus offers medical automated diagnosis based on lab results and personalized medical interview.
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Elevate Ventures
VC Fund · Indianapolis, Indiana, United States · 1 investments in Poland Medical Device startups

Elevate Ventures is an active participant in shaping the future of Indiana. We invest in cross-sector innovation-driven companies.

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Investment focus

  • Industry: Software, Health Care, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Mexico, Poland

Investor stats

  • Total investments: 218
  • Round size: Seed $80k–$4M; Pre-Seed $20k–$500k; Series A $2.5M–$20M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • 3BG Supply Co. — 3BG is a technology-enabled distributor of Industrial MRO products such as bearings, electric motors, sprockets, chain and numerous other product categories. Focused on operational excellence and digitizing to create a seamless, customer focused, omnichannel experience, 3BG is solving the 'decentralization'​ of product data that makes itdifficult to purchase products and identify application issues industry-wide. As a fast-moving digital player within the MRO Industry, 3BG offers best-in-class customer convenience and more price transparency.
  • Scale Computing — Edge computing, managed network security, re-virtualization, and hyperconverged solutions. Scale Computing powers the AI future of distributed enterprises.
  • Parker Technology — We bridge the gap between you and your parking guests. When automation gets confusing, we send a human to the rescue. All those customer service calls? They're resolved in under a minute.
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FundingBox Deep Tech Fund
VC Fund · Warsaw, Mazowieckie, Poland · 1 investments in Poland Medical Device startups

FundingBox Deep Tech Fund provides funding to companies from the technology industry. It offers investment to early-stage organizations. FundingBox Deep Tech Fund was founded in 2020 and is based in Warsaw, Poland.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Pre-Seed
  • Geography: Poland, Canada, Estonia

Investor stats

  • Total investments: 16
  • Round size: Seed $653k–$2.6M; Pre-Seed $85k–$320k
  • Lead/follow: 19% lead, 81% follow
  • Last fund: May invest from a new fund soon — raised $7.6M in 2020

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.
  • SilkPLM — Managing a collection of products is a collaborative effort - which is why a single platform to manage the process, such as SilkPLM, is key to success. See for yourself!
  • BidFinance — Bidfinance is a part of several industry associations, including Fintech Poland
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KnowledgeHub
VC Fund · Warszawa, Mazowieckie, Poland · 1 investments in Poland Medical Device startups

People are in the center of our actions. We believe that investment in human capital and its unique value guarantee success.

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Investment focus

  • Industry: Software, Marketplace, B2B
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Poland, Sweden

Investor stats

  • Total investments: 18
  • Round size: Seed $420k–$2.1M; Pre-Seed $244k–$750k
  • Lead/follow: 61% lead, 39% follow
  • Last fund: May invest from a new fund soon — raised $17M in 2018

Portfolio highlights

  • PerfectBot.AI — PerfectBot is the first conversational AI solution, that is both effective and incredibly easy to set up. Forget about complicated bot building and training. Just customize prebuilt answers and automate up to 80% of customer service requests in your online Fashion store.
  • SUPERSONIC Food — SUPERSONIC is a brand of products that replace traditional meals and beverages (meal replacement product), are innovative in their recipe and consist of the best plant components.SUPERSONIC are products of plant origin created by scientists, nutritionists and biotechnologists, that provide full nutritional value, build immunity and delay theaging process.
  • INKsearch.co — INKsearch.co is a platform that allows you to book a tattoo online. We simplify and speed up the booking process.
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HardGamma Ventures
VC Fund · Warsaw, Mazowieckie, Poland · 1 investments in Poland Medical Device 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, Convertible Note
  • Geography: United Kingdom, Poland, United States

Investor stats

  • Total investments: 38
  • Round size: Seed $35k–$1.1M
  • Lead/follow: 39% lead, 61% follow

Portfolio highlights

  • 1mind — Finding a therapist is hard, we can help. Get matched to a therapist near you with 1mind.
  • Silverback.ai — The ultimate business intelligence platform for e-commerce marketplaces
  • Proxigroup — Solving the lack of visibility and transparency in asset management.
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Bas Godska
Angel · Amsterdam, Noord-Holland, The Netherlands · 1 investments in Poland Medical Device startups

Founder Acrobator Ventures, Tech Investment Fund. Founder Acrobator.com, growth hack and marketing advisory firm. Co-Founder Netherlands for Ukraine Foundation (NL4UA.org) supporting Ukrainians affected by the war since 2022. Digital Dutchman, entrepreneur-turned-investor. eCommerce expert, growth hacker and marketeer since 2000. Assisted 100+companies worldwide as CMO, MD, board advisor, consultant. Ranked #1 Foreign Angel Investor in Russia (EWDN); Top 10 Angel Investor (Firrma.ru/SLON), Crunchbase: #1 Dutch (2019) & Top 50 EU angel investor. Techcrunch / Crunchbase: "Bas Godska is one of the most prolific Western investors in Eastern Europe." Bas' Angel Fund (>EUR 100mn AUM) ranked by PitchBook as #2 in success by IRR (2021). Top 50 SuperAngel worldwide (Arete Index, 2024-25)Roles Europe/Russia/CIS (2003-2019): CMO lastminute.com ; Country Manager Sportingbet ; CMO Europe Ebookers.com / Orbitz.com ; MD Gogol Media. CMO / dep. CEO Ozon.ru ; VP Marketing Gloria Jeans ; CMO Lamoda.ru (Rocket Internet) ; CMO Digital KupiVIP.ru ; eCommerce Director a.i. Enter | Svyaznoi ; MD myThings.com ; Guest Lecturer Digital Marketing at Skolkovo MSM MBA (2013), Guest lecturer Stanford IGC Exec MBAAngel investor in decacorn Miro, Harver (exit to Rubicon PE), Chocofamily, Piano. Bas' angel investments (~50) have helped founders raise over $1 billion from investors like Iconiq, Accel, Insight, Salesforce, Google, YC, and Techstars. The combined market cap of these companies, based on their latest funding rounds, is ~$20 billion. As a VC/LP Bas invested in 400+ companies including 20+ unicorns.

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Investment focus

  • Industry: Software, SaaS, E-Commerce
  • Stage:Pre-Seed, Seed, Angel
  • Geography: United States, The Netherlands, United Kingdom

Investor stats

  • Total investments: 51
  • Round size: Seed $300k–$2M; Angel $90k–$110k; Pre-Seed $85k–$2M
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • Carv.com — Carv's AI recruiting platform is designed to take over repetitive admin tasks related to intakes and interviews, for a renewed focus on the candidate.
  • Helio AI — Automated AI-powered recruiting platform with ATS and gamified personality test. Reduce daily workload by 60% and hire top talents in a few clicks.
  • knopka — knopka - is an advanced automated nurse calling system that ensures help is provided on time. One-hour installation. Completely wireless. Compatible with cardiac monitors, fitness trackers, and smartwatches.
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Simpact Ventures
VC Fund · Warsaw, Mazowieckie, Poland · 1 investments in Poland Medical Device startups

Simpact is the first impact investment venture capital fund in Poland. We are looking for tech-driven startups that incorporate high business potential and a positive social or environmental impact. We empower founders to build tech companies which combine profit with purpose and have a potential to change the world for the better.

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Investment focus

  • Industry: Software, Health Care, SaaS
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: Poland, United States, Estonia

Investor stats

  • Total investments: 26
  • Round size: Seed $250k–$3.2M; Pre-Seed $255k–$425k
  • Lead/follow: 62% lead, 38% follow

Portfolio highlights

  • Dekoeko — Dekoeko.com is a sales and community platform that connects designers working in upcycling, eco-design and slow fashion with people who value a unique and distinctive neutral design for the environment.
  • ThermoEye
  • Glaze Prosthetics — Glaze offers completely new attitude to Prosthetics.
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Shape VC
VC Fund · Kraków, Malopolskie, Poland · 1 investments in Poland Medical Device 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, Robotics
  • Stage:Seed, Pre-Seed
  • Geography: Poland, India, France

Investor stats

  • Total investments: 21
  • Round size: Seed $225k–$500k; Pre-Seed $274k–$409k
  • Lead/follow: 86% lead, 14% 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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Bhavik Bajaj
Angel · 1 investments in Poland Medical Device startups

Bhavik Bajaj

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Investment focus

  • Industry: Information Technology, Software, FinTech
  • Stage:Pre-Seed, Seed, Angel
  • Geography: United States, Switzerland, United Kingdom

Investor stats

  • Total investments: 74
  • Round size: Seed $100k–$5M; Angel $15k–$1.6M; Pre-Seed $46k–$1.3M
  • Lead/follow: 24% lead, 76% follow

Portfolio highlights

  • Asepha — Asepha is an AI clinical decision support (CDS) tool to help healthcare professionals make faster clinical decisions.
  • ORA Technologies — E-Commerce, Super App
  • THIRUMALS PAPER ARIZONA PVT. LTD. — TRADING PLATFORM OF PULP , PAPER & PACKAGING
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AIP Seed
VC Fund · Warsaw, Mazowieckie, Poland · 1 investments in Poland Medical Device 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 — Foodsi is fighting food waste and saving delicious food. Our mission is reducing the food waste, by helping the retaliers like restaurants, bakeries and supermarkets to sell surplus food that would otherwise go to waste. Everyone wins, because retailers gets profit and consumers get delicious food at a good value in return. We are already growingin Poland!
  • 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 — Ona Health is an AI health expert that offers personalized insights for menstrual health management.
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TDJ Pitango Ventures
VC Fund · Warsaw, Mazowieckie, Poland · 1 investments in Poland Medical Device startups

We invest using the smart money formula in projects with global potential. Get financing for your startup and develop under the supervision of our experts!

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Investment focus

  • Industry: Analytics, E-Commerce, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Poland, Singapore

Investor stats

  • Total investments: 8
  • Round size: Seed $2M–$12M
  • Lead/follow: 75% lead, 25% follow

Portfolio highlights

  • Cosmose — Cosmose AI understands, predicts and influences how 1B people shop offline. Seamless, accurate, everywhere.
  • Tylko — Tylko offers uncompromising quality at a fair price, while perfectly fitted to your space & easily ordered online.
  • SmartDust — Mobile games, apps or responsive websites? Manual or automatic tests? We got it covered!
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Dolnośląska Instytucja Pośrednicząca
VC Fund · 1 investments in Poland Medical Device startups

Dolnośląska Instytucja Pośrednicząca distributes and manages EU-funded regional grants. It evaluates applications, allocates funding, and ensures compliance with regulations. The institution supports projects in economic development, innovation, energy efficiency, and SME advisory services.

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Investment focus

  • Industry: Medical, Software, Health Care
  • Stage:Seed
  • Geography: Poland

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • BioCam — Biocam provides minimally invasive examination of gastrointestinal tract using capsule endoscopy platform based on AI technology
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4growth VC
VC Fund · Warsaw, Mazowieckie, Poland · 1 investments in Poland Medical Device 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, Venture - Series Unknown
  • Geography: Poland, United States

Investor stats

  • Total investments: 14
  • Round size: Seed $967k–$5.2M
  • Lead/follow: 79% lead, 21% follow

Portfolio highlights

  • Laven — Laven helps employers offer complementary health insurance for their employees.
  • Cashy — Cashy is an early payment discount platform that helps companies to settle new payment dates of their invoices.
  • 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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ERC VC
VC Fund · Wroclaw, Dolnoslaskie, Poland · 1 investments in Poland Medical Device startups

ERC VC invests in early-stage R&D-intensive tech startups in energy, IoT, and ICT sectors with portfolio support.

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Investment focus

  • Industry: Medical, Manufacturing, Medical Device
  • Stage:Seed
  • Geography: Poland

Investor stats

  • Total investments: 5
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Wellms — Wellms is a headless system that enables immediate creation of dedicated training platforms, designed specifically.
  • SmartSpine — SmartSpine is a healthcare company that utilizes professional research to schools for the early detection of postural problems in children.
  • Graphene Energy — Graphene Energy develops graphene-based catalysts for converting carbon dioxide to methanol and creates materials for energy harvesting.
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Michał Białogrzywy
Angel · 1 investments in Poland Medical Device startups

Michał Białogrzywy

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Investment focus

  • Industry: Medical, Software, Health Care
  • Stage:Seed
  • Geography: Poland

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • BioCam — Biocam provides minimally invasive examination of gastrointestinal tract using capsule endoscopy platform based on AI technology
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Michał Buras
Angel · 1 investments in Poland Medical Device startups

Michał Buras

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Investment focus

  • Industry: Medical, Software, Health Care
  • Stage:Seed
  • Geography: Poland

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • BioCam — Biocam provides minimally invasive examination of gastrointestinal tract using capsule endoscopy platform based on AI technology
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Level2 Ventures
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 1 investments in Poland Medical Device startups

Through genuine partnership to Global Success. We make achieving global success easy through true managerial support and the provision of capital.

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Investment focus

  • Industry: Artificial Intelligence, Robotics, Software
  • Stage:Seed, Series A
  • Geography: Poland, United Kingdom, Sweden

Investor stats

  • Total investments: 8
  • Round size: Seed $550k–$9.9M
  • 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. — A B2B Tech Marketplace for Robotization
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NCBR Investment Fund ASI S.A.
VC Fund · Poland, Indiana, United States · 1 investments in Poland Medical Device 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 — FlyFocus specializes in the design and production of unmanned aerial vehicles for the civilian, military, and law enforcement markets. It provides product development and custom engineering services. They also offer mechanical CAD design, electronics, software, simulations, and aerodynamics optimization.
  • 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. — A B2B Tech Marketplace for Robotization
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BLDG Venture
VC Fund · Kraków, Malopolskie, Poland · 1 investments in Poland Medical Device startups

We invest in teams with global aspirations

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Investment focus

  • Industry: Health Care, Medical Device, Enterprise Software
  • Stage:Seed
  • Geography: Poland

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • FindAir — Smart inhalers and system for remote asthma & COPD therapy. FindAir provides smart devices and software for patients, doctors, researchers, and organizations.
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Turenne Capital
VC Fund · Paris, Ile-de-France, France · 1 investments in Poland Medical Device startups

Turenne Capital is an independant private equity management company, with 4 offices in France : - Paris - Lyon - Marseilles - Lille (joint-venture). Since 1999, Turenne Capital has been taking significant minority or majority equity stakes alongside entrepreneurs who operate SMEs with revenues ranging from €5 million to € 100 million. Itinvests between €1 million and €10 million per transaction. Turenne Capital manages/advises more than € 500 million. 32 people, among which 21 investors work in the Group. ------------------------------------------------------------------------------ Turenne Capital est une Société de gestion indépendante spécialisée en capital investissement. Turenne Capital accompagne depuis 1999 des entrepreneurs dans leur développement et la transmission de leur société et est implantée à : - Paris - Lyon - Marseille - Lille (filiale) Les tickets d'investissement vont de '1 à 10 millions d'euros en minoritaire et majoritaire dans des PME de 5 à 100 M€ de Chiffre d'affaires. Le Groupe Turenne Capital compte 32 professionnels dont 21 investisseurs, et gère/conseille plus de 500 M€ confiés par des institutionnels et des particuliers.

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Investment focus

  • Industry: Software, Biotechnology, Health Care
  • Stage:Series A, Series B
  • Geography: France, Poland, Germany

Investor stats

  • Total investments: 53
  • Round size: Series A $2.8M–$22M; Series B $6.6M–$30M
  • Lead/follow: 25% lead, 75% follow
  • Last fund: May invest from a new fund soon — raised $35M in 2020

Portfolio highlights

  • Coave Therapeutics — Coave Therapeutics is active in the field of gene therapies in rare ocular and CNS (Central Nervous System) diseases.
  • Germitec SAS — Germitec is a world leader in UV-C high-level disinfection. Fast, safe, chemical-free, one-button UV-C high-level disinfection for ultrasound probes.
  • Kainova Therapeutics — Domain Therapeutics is a biopharmaceutical company focused on GPCR in immuno-oncology. Discover more than you think on our innovative cancer treatments tackling GPCR mediated-immunosuppression
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Social Starts
VC Fund · San Francisco, California, United States · 1 investments in Poland Medical Device startups

Social Starts is a $60M+ venture capital partnership with a uniquely data-driven approach to investing in moment-of-inception and Series A financing rounds.

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Investment focus

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

Investor stats

  • Total investments: 289
  • Round size: Seed $100k–$3.7M; Series A $3.2M–$15M
  • Lead/follow: 1% lead, 99% follow

Portfolio highlights

  • Funnel — Our revolutionary CRM property management software saves both time and money for agents and owners while making leasing more efficient.
  • Original Stitch — PLATINUMTOTO hadir sebagai situs togel macau di Indonesia yang sangat populer di kalangan togelers platinumtoto dengan jackpot 4D setiap hari nya
  • Bark Technologies — Learn how Bark's parental controls can help you protect your kids online and in real life with monitoring, screen time controls, and more.
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Medical Device Investor funding in Poland at a glance

Stats across 58 deals from 59 investors.

59
investors
in Poland Medical Device startups
58
deals
in Poland Medical Device startups
$1M
median round
in Poland Medical Device startups
61%
lead investors
lead at least one round
43%
Seed
most common funding stage
85/15
VC / Angel
share of investor count

Access all 59 investors in Poland Medical Device startups.

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