# Cybersecurity investors in Central and Eastern Europe (2026 list)

> 33 cybersecurity investors in Central and Eastern Europe, 85% active in the last 12 months. Led by Index Ventures, EIC Accelerator, FJ Labs.

Source: https://millionrounds.com/lists/cybersecurity-investors-in-cee (Millionrounds; every figure on the page links to its filing or article)

[Investor Lists](https://millionrounds.com/lists)

# Cybersecurity investors in Central and Eastern Europe

Updated 7 November 2026

Firms observed backing a cybersecurity company in Central and Eastern Europe in the last two years, wherever the firm is based.

[See all 33 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fcybersecurity-investors-in-cee)The top 25

**33** investors on the list No change this week

**696** cheques in 12 months *-14%* against the market

**$5.7M** median round they joined *-29%* against the market median

**85%** wrote a cheque in 12 months

**48%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (25)

- 1 [Index Ventures](https://millionrounds.com/fund/index-ventures) *Deploying now* VC firm · United Kingdom **1,027** **$31M** median round **Nov 2026** last seen
- 2 [EIC Accelerator](https://millionrounds.com/fund/eic-accelerator) *Deploying now* Government · European Union **875** **$4.3M** median round **Oct 2026** last seen
- 3 [FJ Labs](https://millionrounds.com/fund/fj-labs) *Deploying now* VC firm · United States **849** **$11M** median round **Oct 2026** last seen
- 4 [Startup Wise Guys](https://millionrounds.com/fund/startup-wise-guys) *Deploying now* Accelerator · Estonia **237** **$551K** median round **Sept 2026** last seen
- 5 [Creandum](https://millionrounds.com/fund/creandum) *Deploying now* VC firm · Sweden **224** **$20M** median round **Oct 2026** last seen
- 6 [Seventure Partners](https://millionrounds.com/fund/seventure-partners) *Deploying now* VC firm · France **193** **$9.5M** median round **Sept 2026** last seen
- 7 [Fuel Ventures](https://millionrounds.com/fund/fuel-ventures) *Deploying now* VC firm · United Kingdom **163** **$1.9M** median round **Oct 2026** last seen
- 8 [MMC Ventures](https://millionrounds.com/fund/mmc-ventures) *Deploying now* VC firm · United Kingdom **154** **$9.3M** median round **Nov 2026** last seen
- 9 [Tenity](https://millionrounds.com/fund/tenity) *Deploying now* Accelerator · Switzerland **139** **$1.3M** median round **Sept 2026** last seen
- 10 [Dawn Capital](https://millionrounds.com/fund/dawn-capital) *Deploying now* VC firm · United Kingdom **107** **$33M** median round **Oct 2026** last seen
- 11 [Vento](https://millionrounds.com/fund/vento) *Deploying now* VC firm · Italy **83** **$1.9M** median round **Nov 2026** last seen
- 12 [Practica Capital](https://millionrounds.com/fund/practica-capital) *Deploying now* VC firm · Lithuania **70** **$3M** median round **Nov 2026** last seen
- 13 [NATO DIANA](https://millionrounds.com/fund/nato-diana) *Deploying now* Investment firm **67** **$417K** median round **Jul 2026** last seen
- 14 [Superhero Capital](https://millionrounds.com/fund/superhero-capital) *Deploying now* VC firm · Finland **54** **$1.4M** median round **Oct 2026** last seen
- 15 [Heartfelt Capital](https://millionrounds.com/fund/heartfelt) *Deploying now* VC firm · Germany **50** **$1.6M** median round **Nov 2026** last seen
- 16 [Lighthouse Ventures](https://millionrounds.com/fund/lighthouse-ventures) *Deploying now* VC firm · Czechia **46** **$1.1M** median round **Sept 2026** last seen
- 17 [Gorilla Capital](https://millionrounds.com/fund/gorilla-capital) *Deploying now* VC firm · Finland **40** **$1.1M** median round **Nov 2026** last seen
- 18 [Specialist VC](https://millionrounds.com/fund/specialist-vc) *Deploying now* VC firm · Estonia **40** **$2.3M** median round **Jun 2026** last seen
- 19 [Tensor Ventures](https://millionrounds.com/fund/tensor-ventures) *Deploying now* VC firm · Czechia **34** **$2.4M** median round **Sept 2026** last seen
- 20 [FIRSTPICK](https://millionrounds.com/fund/firstpick) *Deploying now* VC firm · Lithuania **33** **$625K** median round **Sept 2026** last seen
- 21 [Dig Ventures](https://millionrounds.com/fund/dig-ventures) *Deploying now* VC firm · United Kingdom **29** **$7.5M** median round **Oct 2026** last seen
- 22 [Elevator Ventures](https://millionrounds.com/fund/elevator-ventures) *Deploying now* Corporate VC · Austria **14** **$15M** median round **Jul 2026** last seen
- 23 [Evantic Capital](https://millionrounds.com/fund/evantic-capital) *Deploying now* VC firm · United Kingdom **8** **$175M** median round **Oct 2026** last seen
- 24 [Inovo VC](https://millionrounds.com/fund/inovo-vc) *Deploying now* VC firm · Poland **5** **$5.7M** median round **Sept 2026** last seen
- 25 [Outlast Fund](https://millionrounds.com/fund/outlast-fund) *Deploying now* VC firm · Latvia **4** **$2.6M** median round **Jul 2026** last seen

**8 more on this list**

All 33 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000.

[See the whole list *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fcybersecurity-investors-in-cee)

## The Newest Cheques

Rounds this list's investors joined most recently

- **4** Nov **[Supa](https://millionrounds.com/company/supa)** Seed · $28M *With* [Heartfelt Capital](https://millionrounds.com/fund/heartfelt)
- **4** Nov **[Phaze Inc.](https://millionrounds.com/company/phaze-inc)** Seed · $8.8M *With* [Index Ventures](https://millionrounds.com/fund/index-ventures)
- **3** Nov **[CyberKord](https://millionrounds.com/company/cyberkord)** Pre-seed · $3M *With* [Vento](https://millionrounds.com/fund/vento)
- **2** Nov **[Roleo](https://millionrounds.com/company/roleo)** Seed · $3.3M *Led by* [Practica Capital](https://millionrounds.com/fund/practica-capital)
- **2** Nov **[LO:TECH](https://millionrounds.com/company/lo-tech)** Series A · $12M *Led by* [MMC Ventures](https://millionrounds.com/fund/mmc-ventures)
- **2** Nov **[Sortrace](https://millionrounds.com/company/sortrace)** Seed · $800K *With* [Gorilla Capital](https://millionrounds.com/fund/gorilla-capital)

## Stages This Year

648 rounds

- Venture **23%**
- Seed **20%**
- Series A **14%**
- Pre-seed **11%**
- Series B **7%**
- Other **24%**

## What They Backed

Sectors, last 12 months

- AI **249**
- Fintech **48**
- Biotech **45**
- Healthcare **43**
- Aerospace & Space **31**
- Financial Services **26**

## Cheques by Quarter

Led Joined

231 Q1 25

190 Q2 25

222 Q3 25

224 Q4 25

224 Q1 26

204 Q2 26

155 Q3 26

40 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [AI investors in North America 3,859](https://millionrounds.com/lists/ai-investors-in-north-america)
- [AI investors in Europe 2,283](https://millionrounds.com/lists/ai-investors-in-europe)
- [Fintech investors in North America 1,309](https://millionrounds.com/lists/fintech-investors-in-north-america)
- [Big Data & Analytics investors in North America 1,094](https://millionrounds.com/lists/big-data-investors-in-north-america)
- [AI investors in Asia 1,047](https://millionrounds.com/lists/ai-investors-in-asia)
- [Biotech investors in North America 1,001](https://millionrounds.com/lists/biotech-investors-in-north-america)
- [Energy investors in North America 864](https://millionrounds.com/lists/energy-investors-in-north-america)
- [Robotics investors in North America 848](https://millionrounds.com/lists/robotics-investors-in-north-america)
- [Construction investors in North America 791](https://millionrounds.com/lists/construction-investors-in-north-america)

[All investor lists *→*](https://millionrounds.com/lists)

## Reading for founders in security

- Hackers: Heroes of the Computer Revolution Steven Levy · 1984 4.16 from 8,649 ratings on Goodreads Security About the book A mere fifteen years ago, computer nerds were seen as marginal weirdos, outsiders whose world would never resonate with the mainstream. That was before one pioneering work documented the underground computer revolution that was about to change our world forever. With… On AmazonListen on Audible
- The DevOps Handbook: How to Create World-Class Agility, Reliability, and Security in Technology Organizations Gene Kim · 2015 4.29 from 5,988 ratings on Goodreads Security Company building About the book Increase profitability, elevate work culture, and exceed productivity goals through DevOps practices.More than ever, the effective management of technology is critical for business competitiveness. For decades, technology leaders have struggled to balance agility, reliability,… On AmazonListen on Audible
- Smartcuts: How Hackers, Innovators, and Icons Accelerate Success Shane Snow · 2014 3.88 from 6,577 ratings on Goodreads Security Company building Innovation About the book Entrepreneur and journalist Shane Snow (Wired, Fast Company, The New Yorker, and cofounder of Contently) analyzes the lives of people and companies that do incredible things in implausibly short time. How do some startups go from zero to billions in mere months? How did… On AmazonListen on Audible
- The Innovators: How a Group of Hackers, Geniuses and Geeks Created the Digital Revolution Walter Isaacson · 2014 4.12 from 40,532 ratings on Goodreads Security Innovation Company building About the book Following his blockbuster biography of Steve Jobs, The Innovators is Walter Isaacson’s revealing story of the people who created the computer and the Internet. It is destined to be the standard history of the digital revolution and an indispensable guide to how innovation really… On AmazonListen on Audible

More books for founders and investors on the [Reading List](https://millionrounds.com/reading-list?role=founder&industry=security).

As an Amazon Associate we earn from qualifying purchases.

## Quick answers about cybersecurity investors in Central and Eastern Europe

### Who are the most active cybersecurity investors in Central and Eastern Europe?

By cheques observed, the most active are Index Ventures, EIC Accelerator, FJ Labs, Startup Wise Guys and Creandum.

### How many cybersecurity investors in Central and Eastern Europe are there?

33 are on record. 85% made an investment in the last 12 months and 48% have led a round.

### Which stages do cybersecurity investors in Central and Eastern Europe back?

Of the rounds with a named stage in the last 12 months, mostly Seed (28%) and Series A (20%).

### How big are the rounds cybersecurity investors in Central and Eastern Europe join?

The typical (median) round among the leading investors here is $2.6M.

### Which sectors do cybersecurity investors in Central and Eastern Europe back most?

In the last 12 months, mostly AI, Fintech and Biotech.

### Which cybersecurity investors in Central and Eastern Europe lead the most rounds?

Index Ventures (62 led), Creandum (12 led) and EIC Accelerator (9 led).

### Where are cybersecurity investors in Central and Eastern Europe based?

Among the most active, most are based in the United Kingdom (6), Estonia (2) and Lithuania (2).

### What have cybersecurity investors in Central and Eastern Europe invested in recently?

Recent rounds include Supa (Seed, Nov 2026, with Heartfelt Capital), Phaze Inc. (Seed, Nov 2026, with Index Ventures) and CyberKord (Pre-seed, Nov 2026, with Vento).

Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)
