Investor Type | Firm |
Type of Fund | VC |
Industries | IT (& TMT) • Media • BioTech • Energy • CleanTech • HealthTech (& Fitness) • Material Science • Real Estate (& Construction) • Life Science |
Stages | Seed, Startup, Early Stage |
Investing | Europe • Estonia • Hungary • Poland • Lithuania • Czech Republic • Romania • Slovakia |
Investment Range | €50,000 - €10,500,000 |
Assets Under Management | €20,000,000 |
SpeedUp Venture Capital Group is an investment firm with headquarters in Poznań, Poland, focusing on venture capital funds specifically aimed at early-stage businesses. They have carved out their niche by investing in companies that are based in Central and Eastern Europe (CEE), showcasing a strong prevalence towards sectors such as IT, TMT, Media, BioTech, Energy, CleanTech, HealthTech, Fitness, Material Science, Real Estate, Construction, Life Science, and more. With an investment range of 50,000 to 10,500,000 euros and assets under management amounting to 20 million euros, they demonstrate a substantial capacity for fueling startup growth. SpeedUp Venture Capital Group specializes in supporting companies at the seed to Series A funding stages, committing to investment horizons spanning 3 to 8 years. They are interested in a range of innovative fields including consumer internet, electromobility, energy, fintech, martech, adtech, medtech, IoT, hardware, machine learning, picture recognition, and artificial intelligence. The firm maintains a particular interest in solutions that address current and future challenges in these industries, acknowledging the influential thought 'Software is eating the world' by Marc Andreessen. They are dedicated to the idea that technology will progressively streamline every process, and traditional human labor will eventually be substituted by computational power and network access. SpeedUp Venture Capital Group aims to control this shift and construct companies that are well-equipped to dominate global markets. For their contributions and involvement in the development of technology companies and the VC ecosystem in the CEE region, they are a noteworthy presence in the investment community.
We invest in CEE-based companies tackling energy market problems (grid, IoT, storage, mobility) with our bigger fund, and r&d-backed pre-seed/seed companies from various sectors with our smaller fund.