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Top 25 Medical Device VC Funds & Investors in Poland (June 2026)

The most active venture capital funds 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
Sunfish Partners
VC Fund
4 Poland, United Kingdom, United States Pre-Seed, Seed Artificial Intelligence, Software, Information Technology $354k–$4.6M
Aligo Venture Capital
VC Fund
4 Poland, United States, United Kingdom Seed, Pre-Seed, Series A Health Care, E-Commerce, Medical Device $280k–$1.5M
Chiratae Ventures
VC Fund
3 India, United States, China Series A, Seed, Series B Software, Internet, E-Commerce $500k–$30M
Hard2beat
VC Fund
3 Poland Seed, Pre-Seed Finance, Medical, Wholesale $801k–$3.4M
National Center for Research & Development
VC Fund
3 Poland, United States, Canada Grant, Seed, Pre-Seed Artificial Intelligence, Software, Machine Learning $260k–$3.5M
LKCM Headwater
VC Fund
2 United States, Poland Series A, Private Equity Gaming, Medical, Railroad $10M–$20M
Manta Ray Ventures
VC Fund
2 United States, United Kingdom, Poland Seed, Series A, Series B Software, Health Care, Biotechnology $1M–$63M
LSI (Life Science Innovations Fund)
VC Fund
2 Poland Pre-Seed, Seed Health Care, Medical Device, Personal Health
SpeedUp Venture Capital Group
VC Fund
2 Poland, United States, Czech Republic Seed, Pre-Seed, Series A Software, SaaS, Artificial Intelligence $71k–$11M
Joyance Partners
VC Fund
2 United States, Germany, United Kingdom Seed, Series A, Pre-Seed Health Care, Biotechnology, Wellness $425k–$13M
Story Ventures
VC Fund
2 United States, Poland, Morocco Seed, Series A, Series B Information Technology, Health Care, Software $1.5M–$100M
FundingBox Deep Tech Fund
VC Fund
1 Poland, Canada, Estonia Seed, Pre-Seed Software, Information Technology, Artificial Intelligence $150k–$3.2M
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
J2 Ventures
VC Fund
1 United States, Poland, Finland Seed, Series A Artificial Intelligence, Software, Information Technology $3M–$33M
AIP Seed
VC Fund
1 Poland, United States Seed, Pre-Seed, Convertible Note Software, E-Commerce, Health Care $30k–$1.1M
Shape VC
VC Fund
1 Poland, India, United Kingdom Seed, Pre-Seed Software, Artificial Intelligence, Robotics $250k–$500k
Programa
VC Fund
1 Poland Pre-Seed Fitness, Health Care, Medical Device
Next Road Ventures
VC Fund
1 Poland, Sweden, Lithuania Seed, Pre-Seed, Convertible Note Software, E-Commerce, Machine Learning $420k–$1.6M
Movens Capital
VC Fund
1 Poland, Czech Republic, Germany Seed, Pre-Seed, Series A Software, Artificial Intelligence, Machine Learning $160k–$17M
LT Capital
VC Fund
1 Poland, United States, Sweden Seed, Pre-Seed, Angel Software, Internet, SaaS $137k–$2.1M
Elevate Ventures
VC Fund
1 United States, Mexico, Poland Seed, Pre-Seed, Series A Software, Health Care, Information Technology $20k–$20M
TDJ Pitango Ventures
VC Fund
1 Poland, Singapore Seed, Pre-Seed, Series A Analytics, E-Commerce, Artificial Intelligence $2M–$12M
KnowledgeHub
VC Fund
1 Poland, Sweden Seed, Pre-Seed, Series A Software, Marketplace, B2B $244k–$2.1M
Simpact Ventures
VC Fund
1 Poland, United States, Estonia Seed, Pre-Seed Health Care, Software, SaaS $250k–$3.2M
HardGamma Ventures
VC Fund
1 United Kingdom, Poland, United States Seed, Convertible Note Software, E-Commerce, Education $35k–$1M
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Investor list

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: 34
  • Round size: Seed $500k–$4.6M; Pre-Seed $354k–$2.4M
  • Lead/follow: 65% lead, 35% follow
  • Last fund: May invest from a new fund soon — raised $18M in 2019

Portfolio highlights

  • DefendEye
  • Molecule.one — Molecule One technology can assess the synthetic accessibly of compounds. Discover novel pathways. Improve the predicability and success rate of chemical synthesis.
  • Smarter Diagnostics — Smarter Diagnostics develops and uses AI-based medical device software for Magnetic Resonance image analysis in orthopedics and sports medicine. We provide radiology support software focusing on soft-tissue musculoskeletal disorders and applicable both in clinics and screening. With early detection of both local and systemic problems visible in MRIscans we deliver early detection of injury-causing pathologies and provide preventive measures to stop injuries. We also provide comprehensive MR-based and AI-driven diagnostic solutions for screening and health checks of active individuals across amateur and professional sports.
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Aligo Venture Capital
VC Fund · Tczew, Pomorskie, Poland · 4 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 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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Chiratae Ventures
VC Fund · Bangalore, Karnataka, India · 3 investments in Poland Medical Device startups

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: 146
  • Round size: Seed $500k–$8M; Series A $3.2M–$23M; Series B $5.9M–$30M
  • Lead/follow: 34% lead, 66% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Expertia.AI — AI-powered screening and assessments: find and interview top candidates from 100+ platforms and hire in 24 hours, all at <10% of the cost.
  • TheLightbulb.Ai — Want to Make Better Business Decisions? Thelightbulb.ai Uses Ai to Analyze Real-Time Data to Identify and Track Emotions. Improve Decision-Making Today!
  • ClaimBuddy — ClaimBuddy acts as one-stop solutions for Health Insurance Claim assistance for Patients and Hospitals. ClaimBuddy are building an ecosystem to ensure Hassle-free insurance claims by leveraging technology, and a set of simple yet powerful processes and 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: 9
  • Round size: Seed $801k–$3.4M
  • Lead/follow: 56% lead, 44% 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.
  • Pikralida — Pikralida is a biotechnology company that researches and produces medicines.
  • 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.
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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: 49
  • Round size: Seed $260k–$1.8M; Grant $500k–$3.5M; Pre-Seed $1.2M–$2M
  • Lead/follow: 55% lead, 45% 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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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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Manta Ray Ventures
VC Fund · London, England, United Kingdom · 2 investments in Poland Medical Device startups

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, Health Care, Biotechnology
  • Stage:Seed, Series A, Series B
  • Geography: United States, United Kingdom, Poland

Investor stats

  • Total investments: 92
  • Round size: Seed $1M–$10M; Series A $6.5M–$24M; Series B $9M–$63M
  • Lead/follow: 5% lead, 95% follow

Portfolio highlights

  • Cuemath — Cuemath's Live 1:1 Math Classes for Grades KG to 12 help kids learn Math faster. Join Cuemath to develop strong problem-solving and logical thinking skills!
  • 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
  • Ossium Health — Ossium is building the world's first bone marrow bank to treat blood cancers, improve organ transplantation, and repair damage from radiation.The cells of the immune system are the human body’s natural defenders against disease. At Ossium, they are developing better methods of recovering, preserving, deploying these critical cells to keepdisease at bay.
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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, Medical Device, Personal Health
  • Stage:Pre-Seed, Seed
  • Geography: Poland

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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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, SaaS, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Poland, United States, Czech Republic

Investor stats

  • Total investments: 57
  • Round size: Seed $135k–$4.3M; Pre-Seed $71k–$500k; Series A $2.1M–$11M
  • 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.
  • Patron GO — Patron GO is a fintech firm that uses AI to detect unnecessarily high costs on a customer's bank account and offers the best solutions.
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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: 103
  • 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

  • MeliBio — Discover MeliBio's innovative bee-free honey, promoting a sustainable future for humans and bees. Explore our mission, vision, and impact.
  • Attn: Grace — Attn: Grace is a sustainable wellness brand designed for women. Starting with bladder leakage, they're creating thoughtful, more sustainable solutions for life’s inconvenient truths, one challenge at a time.
  • Luna Daily — Microbiome balancing body care for all skin, even your most intimate. Head, vulva, knees and toes. Vegan, dermatologist-approved, and eco-friendly skincare for all skin types. On a mission to connect women of all ages and stages to each other and their entire bodies.
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Access 48,091 investors

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

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Story Ventures
VC Fund · New York, New York, United States · 2 investments in Poland Medical Device 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: Information Technology, Health Care, Software
  • Stage:Seed, Series A, Series B
  • Geography: United States, Poland, Morocco

Investor stats

  • Total investments: 59
  • Round size: Seed $1.5M–$7.6M; Series A $7M–$17M; Series B $21M–$100M
  • Lead/follow: 19% lead, 81% follow
  • Last fund: May invest from a new fund soon — raised $25M in 2018

Portfolio highlights

  • Delfina — Intelligent pregnancy care for healthier moms and babies.
  • Wellory — You are so not alone. Team up with a Wellory Nutritionist to change your relationship with food for good, starting today.
  • Phood — Phood provides consumer data and food waste reductions to optimize your foodservice operations.
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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: 13
  • Round size: Seed $658k–$3.2M; Pre-Seed $150k–$329k
  • Lead/follow: 23% lead, 77% 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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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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J2 Ventures
VC Fund · Boston, Massachusetts, United States · 1 investments in Poland Medical Device startups

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

Investor stats

  • Total investments: 46
  • Round size: Seed $3M–$10M; Series A $5.8M–$33M
  • Lead/follow: 41% lead, 59% follow
  • Last fund: Likely actively investing — fund raised in 2024

Portfolio highlights

  • Code Metal — Research at the edge made easy with AI
  • Gamebeast — From the Gamebeast dashboard, developers can automatically detect player pain points and make live updates to their experience. By making adjustments that are seamless to their users, the experience is optimized for engagement - creating a boost in developer revenue.
  • Micron Biomedical — The future of therapeutics in the palm of your hand.Needle-free, thermostable, vaccine and therapeutic deliveryLearn MoreAnytime, anywhere MedicinesNeedle-free, thermostable, vaccine and therapeutic deliveryLearn MoreGoing where no medicinehas gone beforeNeedle-free, thermostable, vaccine and therapeutic delivery This image was created by the US government and is in the public domain. This does not imply an endorsement of
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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, E-Commerce, Health Care
  • Stage:Seed, Pre-Seed, Convertible Note
  • Geography: Poland, United States

Investor stats

  • Total investments: 26
  • Round size: Seed $30k–$1.1M; Pre-Seed $50k–$502k
  • Lead/follow: 88% lead, 12% follow
  • Last fund: Likely still investing — raised $29M in 2022

Portfolio highlights

  • 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.
  • Stimy AI — Solve algebra instantly, get feedback on math work, and practice math topics
  • Ona Health — Ona Health is an AI health expert that offers personalized insights for menstrual health management.
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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, United Kingdom

Investor stats

  • Total investments: 20
  • Round size: Seed $250k–$500k; Pre-Seed $274k–$409k
  • Lead/follow: 90% lead, 10% 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.
  • QuestPass — Questpass works like a paywall but the ”fee” is the answer to the question concerning the ad displayed above. The reward for clicking the correct answer is free access to the rest of the article. Gaining the access engages only a few seconds of attention and requires no money.
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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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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:Seed, Pre-Seed, Convertible Note
  • Geography: Poland, Sweden, Lithuania

Investor stats

  • Total investments: 15
  • Round size: Seed $439k–$1.1M; Pre-Seed $420k–$1.6M
  • Lead/follow: 40% lead, 60% 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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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: 38
  • Round size: Seed $384k–$3.7M; Pre-Seed $160k–$1.9M; Series A $318k–$17M
  • Lead/follow: 47% lead, 53% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Replenit — Transform your repeat purchase revenue with Replenit's AI Decision Engine. Predict exactly when customers need to reorder based on individual consumption pat...
  • Mos Health
  • PilotGo — Developer platform for secure data sharing with multiple partners powered by Digital Twins.
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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: 28
  • Round size: Seed $274k–$2.1M; Pre-Seed $137k–$1.8M
  • Lead/follow: 46% lead, 54% 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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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: 205
  • Round size: Seed $80k–$4M; Pre-Seed $20k–$600k; Series A $2.5M–$20M
  • Lead/follow: 49% lead, 51% follow

Portfolio highlights

  • Elate — Elate is the first Strategic Planning software built to help SaaS companies communicate their vision, create alignment, and track performance all in one place.
  • Ellipsis Education — Full-year computer science curriculum for K-12.
  • PawCo Foods — The new generation of healthy and delicious dog food made from plant-based meat. Support earth, animal welfare, and your dog's health!
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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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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: 17
  • Round size: Seed $420k–$2.1M; Pre-Seed $244k–$764k
  • Lead/follow: 59% lead, 41% 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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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: Health Care, Software, SaaS
  • Stage:Seed, Pre-Seed
  • Geography: Poland, United States, Estonia

Investor stats

  • Total investments: 19
  • Round size: Seed $250k–$3.2M; Pre-Seed $255k–$425k
  • Lead/follow: 63% lead, 37% 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.
  • ThermoEye
  • Glaze Prosthetics — Glaze offers completely new attitude to Prosthetics.
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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: 37
  • Round size: Seed $35k–$1M
  • Lead/follow: 41% lead, 59% follow

Portfolio highlights

  • Silverback.ai — The ultimate business intelligence platform for e-commerce marketplaces
  • Proxigroup — Solving the lack of visibility and transparency in asset management.
  • Carv — Improve your skiing technique with real-time audio coaching. Carv uses pressure and motion analysis to score your technique and help you improve.
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Medical Device VC funding in Poland at a glance

Stats across 44 deals from 39 investors.

39
investors
in Poland Medical Device startups
44
deals
in Poland Medical Device startups
$1.3M
median round
in Poland Medical Device startups
72%
lead investors
lead at least one round
43%
Seed
most common funding stage

Access all 39 VC funds in Poland Medical Device startups.

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