# Innovation Nest: portfolio, investments and team

> Innovation Nest is a vc firm based in Poland. 20 investments on record, latest Oct 2024. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/innovation-nest (Millionrounds; every figure on the page links to its filing or article)

Poland · [Investor](https://millionrounds.com/investors)

# Innovation Nest

Last cheque observed Oct 2024. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Email

VC firm Quiet

Seed Series A Sales Sales Tech Finserv

Follow Innovation Nest and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Finnovation-nest)

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 20 on record

Since the last cheque **737** days **00** hrs **00** min **00** sec

Median round **$10M** Cheque size, as they say **$300K – $1.2M** Rounds led **0 of 20** Sole investor **17 rounds** Mostly in **Poland, 70%**

Pitch Innovation Nest

## Innovation Nest highlights

- 01 20 rounds on record
- 02 Mostly Seed and Series B: 100% of its rounds
- 03 Sole investor in 17 rounds, median $88K

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** $300K – $1.2M as they say
- **Stages:** Seed Series A
- **Sectors:** Sales Sales Tech Finserv
- **Based in:** Krakow, Poland
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **20 appearances**

- **2024** 1 round
- **Oct** **[Infraspeak](https://millionrounds.com/company/infraspeak)** Series B · PT · TechCrunch **$20M** With 6 others
- **2019** 1 round
- **Apr** **[Nethone](https://millionrounds.com/company/nethone)** PL · FinSMEs **$1.0M** Sole investor
- **2014** 3 rounds
- **Jul** **[Fogger](https://millionrounds.com/company/fogger)** Seed · US **$150K** Sole investor
- **Feb** **[UXPin](https://millionrounds.com/company/uxpin)** Seed · US **$1.6M** With 9 others
- **Jan** **[Flowbox](https://millionrounds.com/company/flowbox)** Seed · PL **$45K** Sole investor
- **2013** 12 rounds
- **Dec** **[Enteye](https://millionrounds.com/company/enteye)** Seed · PL **$85K** Sole investor
- **Dec** **[TurboTranslations](https://millionrounds.com/company/turbotranslations)** Seed · GB **$20K** Sole investor
- **Nov** **[Infermedica](https://millionrounds.com/company/infermedica)** Seed · PL **$160K** Sole investor
- **Oct** **[UXPin](https://millionrounds.com/company/uxpin)** Seed · PL · goaleurope.com **$700K** With 6 others
- **Sept** **[Sher.ly Inc.](https://millionrounds.com/company/sher-ly-inc)** Seed · US **$85K** Sole investor
- **Jul** **[Landingi](https://millionrounds.com/company/landingi)** Seed · PL **$235K** Sole investor
- **May** **[PressPad](https://millionrounds.com/company/presspad)** Seed · PL **$180K** Sole investor
- **Mar** **[Colibri IO](https://millionrounds.com/company/colibri-io)** Seed · PL **$235K** Sole investor
- **Feb** **[Cloud Your Car](https://millionrounds.com/company/cloud-your-car)** Seed · PL **$300K** Sole investor
- **Feb** **[Nearbox](https://millionrounds.com/company/nearbox)** Seed · PL **$25K** Sole investor
- **Feb** **[Landingi](https://millionrounds.com/company/landingi)** Seed · PL **$25K** Sole investor
- **Feb** **[Visuu](https://millionrounds.com/company/visuu)** Seed · PL **$25K** Sole investor
- **2012** 2 rounds
- **Jul** **[Use It Better](https://millionrounds.com/company/use-it-better)** Seed · PL **$40K** Sole investor
- **Mar** **[iTraff Technology](https://millionrounds.com/company/itraff-technology)** Seed · US **$235K** Sole investor
- **2011** 1 round
- **Mar** **[PressPad](https://millionrounds.com/company/presspad)** Seed · PL **$88K** Sole investor

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

We hold **6** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## The cheque

Seed Series A

Median round joined **$10M** the round, not its cheque Alone, median **$88K**

Led 0 of 20 rounds **0%**

- **Said size:** $300K – $1.2M
- **Sole investor:** 17 rounds
- **Last cheque:** Oct 2024

Rounds by stage said on their site

- Seed said *18*
- Series B *1*
- Series A said *-*

Cheques by month Led Joined

Dec 2023 Nov 2026

Often in the room with

- [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) 2
- [Gil Penchina](https://millionrounds.com/fund/gil-penchina) 2
- [IDG Ventures USA](https://millionrounds.com/fund/idg-ventures-usa) 2
- [Mansour Salame](https://millionrounds.com/fund/mansour-salame) 2

**Pitching Innovation Nest?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

Add to your CRM *→*

## Who they invest alongside

The investors most often in the same rounds as Innovation Nest. A count of rooms they were both in, not a relationship either has claimed.

[**Andreessen Horowitz** VC firm **2** rounds together](https://millionrounds.com/fund/andreessen-horowitz)[**Gil Penchina** VC firm **2** rounds together](https://millionrounds.com/fund/gil-penchina)[**IDG Ventures USA** VC firm **2** rounds together](https://millionrounds.com/fund/idg-ventures-usa)[**Mansour Salame** Angel **2** rounds together](https://millionrounds.com/fund/mansour-salame)

## Recently backed

The latest companies Innovation Nest put money into.

[**Infraspeak** $20M · Oct 2024](https://millionrounds.com/company/infraspeak)[**Nethone** $1.0M · Apr 2019](https://millionrounds.com/company/nethone)

## Quick answers about Innovation Nest

### What does Innovation Nest invest in?

Innovation Nest invests most often at Seed and Series B (100% of the rounds on record), in sectors such as Sales, Sales Tech and Finserv.

### How active is Innovation Nest?

20 investments on record, 0 of them in the last 12 months. The most recent was in Oct 2024.

### What has Innovation Nest invested in recently?

Its most recent investments on record: Infraspeak (Series B, Oct 2024) and Nethone (Undisclosed round, Apr 2019).

### How big are Innovation Nest's cheques?

The median round it joins is $10M. It says it writes cheques of $300K to $1.2M.

### Does Innovation Nest lead rounds?

Rarely, if at all: none of its 20 investments on record names it as the lead.

### Where does Innovation Nest invest?

Most of the companies it backs are in Poland (70%), the United States (20%) and Portugal (5%).

### Is Innovation Nest investing now?

No investments in the last 12 months; the latest was in Oct 2024.

### Who does Innovation Nest invest alongside?

Most often Andreessen Horowitz (2 rounds together), Gil Penchina (2 rounds together) and IDG Ventures USA (2 rounds together).

## Raising now?

Find the investors who back rounds like yours, and keep every conversation on one fundraising board.

Find similar investorsOpen your CRM

Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=innovation-nest) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=innovation-nest)
