# Innova Capital

> Innova Capital is a VC fund in Warsaw backing Mobile and Internet. See 21 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Warsaw, Poland
- Total investments: 21
- Last investment: Jul 2024
- Lead investor: 67%
- Fund size: $258M
- Last fund: Aug 2022
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/23388
- Website: http://www.innovacap.com

Innova Capital is a mid-market private equity firm in Central Europe. Founded in 1994 Innova raised the first major CEE fund comprising entirely private capital. Since then Innova has invested almost € 500m, in 40 companies, across 10 countries in the region. In 2010 Innova won the CEE Fund of the Year Award presented by Unquote magazine for itsfifth fund Innova/5. Innova invests in middle market Central European companies with enterprise values normally ranging from €50 to €125 million. The typical investment horizon is from three to five years, and exit by either sale to a strategic investor or via an initial public offering of shares.

## Contacts

5 contacts available for Innova Capital. Shizune tracks 5 team members at Innova Capital. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/innova-capital?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Mobile | 3 | 14% |
| Internet | 3 | 14% |
| Financial Services | 3 | 14% |
| Telecommunications | 3 | 14% |
| Retail | 2 | 10% |

54 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Private Equity | 18 | 86% |
| Series A | 1 | 5% |
| Funding Round | 1 | 5% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Poland | 17 | 81% |
| United States | 2 | 10% |
| Slovakia (Slovak Republic) | 1 | 5% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Andrzej Bartos | Senior Partner | 1 | — |
| Krzysztof Kulig | Senior Partner | 1 | — |
| Magdalena Magnuszewska | Partner | 0 | — |
| Robert Conn | Founding Partner | 0 | — |
| Steven Buckley | Founding Partner | 0 | — |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| R-GOL | R-GOL is online football shoes and sportswear store. |  | Private Equity | Jul 17, 2024 |  |
| Woodeco | Woodeco is a wood manufacturing company that designs and produces wood structures for furniture, construction, and interior finishing. |  | Private Equity | Apr 01, 2024 |  |
| Dimark | Dimark S.A. specializes in the design, execution, assembly, commissioning, and maintenance of internal automatic transport lanes for every industry area that requires product transportation. |  | Private Equity | Mar 26, 2024 |  |
| Dimark | Dimark S.A. specializes in the design, execution, assembly, commissioning, and maintenance of internal automatic transport lanes for every industry area that requires product transportation. |  | Private Equity | Mar 26, 2024 |  |
| CloudFerro | CloudFerro expertise in the space sector, climate research and science with big data storage and cutting edge cloud services. |  | Private Equity | Feb 15, 2024 |  |
| Bielenda | Bielenda is a family business and was founded by the great knowledge and passion of founder Barbara Bielenda, who graduate from the Faculty of Chemistry at the University of Gdansk. Bielenda pioneered in Poland the field of producing all-natural cosmetics with natural ingredients extracted from plants. Bielenda was the first company in Poland thathas used a GINKGO BILOBA extract for the production of cosmetics. Ms. Barbara discovered it in her travel researches as the perfect plant with unusual properties. |  | Private Equity | Nov 04, 2020 |  |
| STX Next | For more than 18 years the company has successfully delivered more than 800 projects for leading brands in the USA, Europe and the Middle East, establishing itself as a leader in the area of Python Django, custom software development services. |  | Private Equity | Oct 21, 2020 |  |
| OSHEE | OSHEE, a provider of isotonic and functional drinks in the Polish market. |  | Private Equity | Nov 26, 2018 |  |
| Netsprint | Netsprint is a dynamically developing new technology company. The company was established in 2001 and specializes in technology solutions that support internet marketing. It provides solutions for the largest Internet companies on Europe’s key markets. |  | Private Equity | Apr 14, 2016 |  |
| Jampp | Jampp is the growth platform of choice for on-demand apps worldwide. We unlock programmatic advertising to drive incremental performance.A demand-side platform (DSP) at heart, Jampp leverages unique contextual and behavioral signals to deliver customers and in-app purchases through programmatic user acquisition and retargeting. We simplifyprogrammatic growth for some of the biggest names in mobile.Learn more at: https://jampp.com/ | $7M | Series A | Feb 25, 2015 |  |

10 of 21 investments shown.

## Co-investors
- [Columbia Capital](https://shizune.co/investors/profile/columbia-capital) — VC Fund, 2 deals together
- [European Bank for Reconstruction and Development](https://shizune.co/investors/profile/european-bank-for-reconstruction-and-development-ebrd) — VC Fund, 2 deals together
- [HarbourVest Partners](https://shizune.co/investors/profile/harbourvest-partners) — VC Fund, 2 deals together
- Bessemer Trust — VC Fund, 1 deal together
- [Bessemer Venture Partners](https://shizune.co/investors/profile/bessemer-venture-partners) — VC Fund, 1 deal together
- [Endeavor Catalyst](https://shizune.co/investors/profile/endeavor-catalyst) — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Foresight Group](https://shizune.co/investors/profile/foresight-group) — VC Fund
- [YFM Equity Partners](https://shizune.co/investors/profile/yfm-equity-partners) — VC Fund
- [Fondaction](https://shizune.co/investors/profile/fondaction) — VC Fund

## FAQ

### What does Innova Capital invest in?

Innova Capital invests primarily in Mobile, Internet and Financial Services startups, most often at Private Equity and Series A stage. Most of the 21 investments tracked by Shizune back companies in Poland. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact Innova Capital?

Public channels for Innova Capital include LinkedIn and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Innova Capital?

The team at Innova Capital includes Andrzej Bartos (Senior Partner), Krzysztof Kulig (Senior Partner) and Magdalena Magnuszewska (Partner). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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