Top VC Firms in Poland
The 25 highest-scoring venture funds headquartered in Poland, ranked from 67 eligible firms on a 110-point composite of portfolio outcomes, deal volume, risk adjustment and cheque-size fit.
Sunfish Partners invests in early-stage companies in Poland and Central Europe. They focus on healthcare and life sciences, supporting innovative solutions with B2B business models.
Investments
32
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
Cogito Capital focuses on early and growth-stage B2B tech companies in Europe, particularly those with a Central European presence. They target enterprise software, fintech, and healthtech sectors.
Investments
19
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
Invests in early-stage startups with a focus on the Polish market and the US. Their portfolio includes companies in healthcare, software, and other innovative sectors.
Investments
52
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
Expeditions invests in early-stage startups at the intersection of security and deep tech, focusing on defence and dual-use companies across sectors including cybersecurity, intelligence, autonomy, AI, quantum, privacy, communications solutions and space in Europe.
Investments
45
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
Frame VC invests in early-stage technology companies across the Western US.
Investments
14
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
KBC Focus Fund invests primarily in early-stage industrial technology and manufacturing startups, providing growth capital and operational expertise to scale innovative hardware and SaaS solutions in the European market.
Investments
20
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
Inovo is a seed-stage VC investing mainly at the Pre-Seed and Seed stage in startups in Central and Eastern Europe (CEE) and CEE diaspora founders building startups worldwide. Investment tickets range from €0.5m to €4m, with follow-ons up to €10m and smaller discovery tickets. Sector focus is multi-vertical with strengths in Developer Tools, AI/Machine Learning, Data Science, Healthcare, SaaS marketplaces, B2C, B2B2C, and B2B Enterprise.
Investments
70
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
Invests in Series A stage companies in Poland. Focuses on the Healthcare & Life Sciences sector.
Investments
65
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
SpeedUp Venture Capital Group invested in early-stage and growth-stage technology companies mainly in Poland and the CEE region. It currently focuses on managing existing active funds until the end of their lifecycle.
Investments
55
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
Kogito Ventures is an early-stage, generalist VC fund investing in any industry with a focus on companies having a Polish nexus. Investment tickets range from EUR 0.2m to EUR 0.7m initially, with follow-on investments up to EUR 1.2m per company, mainly targeting Pre/seed rounds and Seed financing.
Investments
43
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
Focuses on early-stage investments in digital platforms and marketplace startups across Europe. They provide capital and strategic support to founders building network-effect driven platforms.
Investments
60
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
Dirlango creates and invests in Internet and technology businesses globally.
Investments
17
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
Innova Capital is a private equity firm investing in controlling stakes of mid-sized companies across Central and Eastern Europe. They focus on building businesses and accelerating growth by identifying profitable opportunities and leveraging their expertise in sectors like financial and business services.
Investments
70
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
APER Ventures is a co-investment fund focusing on deep tech and hardware companies at Series A stage with potential for rapid growth and global expansion. They co-invest with private investors and business angels in Poland and CEE.
Investments
18
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
Unfold.vc is a venture capital fund based in Wrocław investing in technology projects with high development potential at various stages of growth.
Investments
32
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
SMOK Ventures is a Polish venture capital fund that invests in early-stage startups in the CEE region, with a focus on software, SaaS, and marketplace businesses. They typically invest in pre-seed and seed rounds, providing initial funding and support to help startups grow.
Investments
60
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
WP2 Investments invests in companies primarily in fintech, impact / tech / AI, and green energy sectors.
Investments
19
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
iif.vc invests in mature technology projects with transparent exit paths, focusing on companies with unique IP and high growth potential. It operates in a deal-by-deal co-investment model, collaborating with PFR Ventures under the PFR Otwarte Innowacje program.
Investments
20
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
Across Capital invests in early-stage technology companies in Central and Eastern Europe, focusing on scalable innovations in fintech and SaaS, aiming to support founders transforming traditional industries through tech.
Investments
17
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
Investments
19
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
Movens Capital is a venture capital fund that invests in early-stage, tech companies from Poland and CEE. They focus on backing ambitious founders building global businesses in the SaaS, marketplace, and e-commerce sectors, with a secondary interest in Fintech and AI.
Investments
32
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
MITO Technology invests primarily in early-stage technology companies in Central Europe, focusing on scalable software and AI solutions that transform industries and accelerate growth.
Investments
13
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
Warsaw Equity Group is a Warsaw-based private equity firm that invests in B2B companies in the High-Tech/Industry 4.0 and CleanTech space. They focus on companies located in Poland and the CEE region, providing capital and expertise to support growth.
Investments
20
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
Invests in Series A stage companies. Focuses on Software & Developer Tools companies in Hong Kong.
Investments
66
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
BRAVE Venture Capital is a group of funds investing in early stage ventures with global aspirations, focusing on Internet, IoT & hardware, renewable energy sources (RES) and Life Science sectors, particularly MedTech and BioTech. Their investment horizon is from 4 to 14 years, usually taking a minority stake and investing up to PLN 2 million in the first round.
Investments
34
Portfolio Size
—
Exit Rate
—
Alive
—
Portfolio Status
Not enough tracked outcomes yet
Portfolio Liveness
No alive portfolio to assess
Score Breakdown
Methodology
What the score measures, who is eligible, and what it deliberately excludes.
- How is the Brouky score for Poland calculated?
- Each firm is scored out of 110 points across four measured components: portfolio outcomes (40), deal volume (30), risk adjustment (25) and cheque-size fit (15). The score is computed from tracked investments and portfolio company status. It is not editorial and firms cannot influence it.
- Which firms are eligible for the Poland ranking?
- Venture and corporate venture funds headquartered in Poland with at least 5 tracked investments. 67 firms qualify; the top 25 are listed. Angel investors, family offices, banks, accelerators and government vehicles are excluded because they are scored on a different basis and are not comparable.
- How often is the ranking updated?
- Scores are recomputed as new investments and portfolio outcomes are recorded, and this page refreshes daily.
- My fund's data looks wrong. Can it be corrected?
- Yes. Claim the fund's profile on Brouky to review the underlying investments and portfolio records, and the score updates from the corrected data.