















Albania, Bosnia and Herzegovina, Bulgaria, Croatia, Czechia, Estonia, Greece, Hungary, Kosovo, Latvia, Lithuania, Moldova, Montenegro, North Macedonia, Poland, Romania, Serbia, Slovak Republic, Slovenia, Ukraine
Launched in 2012 by the European Bank of Reconstruction and Development, we invest in line with its countries of operations with the goal of supporting exceptional teams to build tomorrow's world class companies. If you are founder with a majority of your development/engineering teams in Central and Eastern Europe, Middle East and North Africa or Central Asia - let's talk
We partner with the boldest founders
What we do
We are a multi-stage investor partnering with you from early stage (Series A or exceptionally earlier) to later stages.
We partner for the long-term
We can deploy from $2m to $25m over the life of investment
We act with integrity
We operate with transparency, fairness, and a founder-first mindset in every interaction
We challenge your convictions
We engage as thought partners, asking the tough questions that sharpen your strategy and strengthen your competitive edge
We focus
We take on a limited number of board seats to ensure meaningful engagement and support
We leverage our networks
We connect you with top-tier operators, domain experts, and potential partners to accelerate your company’s trajectory
We streamline the process
Our process is fast and efficient to minimize disruption, and we invest on founder-friendly NVCA terms