Observed Signal · Jun 23, 2025 · Funding · Source: Tech.eu · Impact: 2/5 · Sentiment: Positive
Movens Capital Launches €60M Fund for CEE Tech
Warsaw-based Movens Capital has launched a €60 million multi-stage fund (Fund 2) to invest in Central and Eastern European founders. The fund provides first checks of €250,000 to €3 million for startups at pre-seed, seed, Series A, and Series A+ stages. It is backed by the EBRD, PFR Ventures, and over 80 startup founders and tech operators. Movens Capital aims to address the region's significant funding gap, citing a 23% drop in CEE VC investment in 2024. The fund will make around 30 investments in enterprise software, AI, climate tech, fintech, healthcare, e-commerce infrastructure, and future of work sectors, including diaspora founders building globally.
VC fund launch for CEE tech, including AI and e-commerce, but not specific to AdTech.
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Key Takeaways & Evidence Grounding
- Movens Capital launched Fund 2 with a total size of €60 million.
- The fund targets pre-seed, seed, Series A, and Series A+ startups with first checks ranging from €250,000 to €3 million.
- Backers include the European Bank for Reconstruction and Development (EBRD), PFR Ventures, and over 80 startup founders and tech operators.
- CEE VC investment dropped by 23% in 2024, highlighting a regional funding gap.
- The fund plans approximately 30 investments across Central and Eastern Europe.
Connected Companies & Entities
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