# VC firms based in Poland (2026 list) > 214 VC firms based in Poland, 7% active in the last 12 months. Led by Smok Ventures, Movens Capital, SpeedUp Venture Capital Group. Ranked by what they funded. Source: https://millionrounds.com/lists/vc-firms-based-in-poland (Millionrounds; every figure on the page links to its filing or article) [Investor Lists](https://millionrounds.com/lists) # VC firms based in Poland Updated 7 November 2026 VC firms headquartered in Poland. [See all 214 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fvc-firms-based-in-poland)The top 25 **214** investors on the list No change this week **30** cheques in 12 months Too few cheques to tell **$2.7M** median round they joined *-66%* against the market median **7%** wrote a cheque in 12 months **3%** have led a round ## The Top 25 Ordered by cheques observed, never by anything anyone paid for Deploying now (10) - 1 [Smok Ventures](https://millionrounds.com/fund/smok-vc) *Deploying now* VC firm · Poland **35** **$1.1M** median round **Jul 2026** last seen - 2 [Movens Capital](https://millionrounds.com/fund/movens-capital) *Deploying now* VC firm · Poland **32** **$1.9M** median round **Jul 2026** last seen - 3 [SpeedUp Venture Capital Group](https://millionrounds.com/fund/speedup-venture-capital-group) quiet VC firm · Poland **22** **$241K** median round **Sept 2015** last seen - 4 [Innovation Nest](https://millionrounds.com/fund/innovation-nest) quiet VC firm · Poland **20** **$10M** median round **Oct 2024** last seen - 5 [Giza Polish Ventures](https://millionrounds.com/fund/giza-polish-ventures) quiet VC firm · Poland **11** **$325K** median round **Nov 2014** last seen - 6 [HardGamma Ventures](https://millionrounds.com/fund/hardgamma-ventures) quiet VC firm · Poland **7** **$70K** median round **May 2015** last seen - 7 [Cogito Capital Partners](https://millionrounds.com/fund/cogito-capital-partners) *Deploying now* VC firm · Poland **5** **$50M** median round **Apr 2026** last seen - 8 [FZKPT](https://millionrounds.com/fund/fundusz-zalazkowy-kpt-kpt-seed-fund) quiet VC firm · Poland **5** **$200K** median round **Dec 2013** last seen - 9 [Inovo VC](https://millionrounds.com/fund/inovo-vc) *Deploying now* VC firm · Poland **5** **$5.7M** median round **Sept 2026** last seen - 10 [AIP Seed VC](https://millionrounds.com/fund/aip-seed) *Deploying now* VC firm · Poland **3** **$3.3M** median round **Sept 2026** last seen - 11 [Expeditions Fund](https://millionrounds.com/fund/expeditions-fund) *Deploying now* VC firm · Poland **3** **$13M** median round **Jun 2026** last seen - 12 [SATUS](https://millionrounds.com/fund/satus-games) quiet VC firm · Poland **3** **$350K** median round **Apr 2014** last seen - 13 [Digital Ocean Ventures](https://millionrounds.com/fund/digital-ocean-ventures) *Deploying now* VC firm · Poland **2** **$2.9M** median round **Apr 2026** last seen - 14 [Environmental Investment Partners](https://millionrounds.com/fund/environmental-investment-partners) quiet VC firm · Poland **2** **$125K** median round **Mar 2012** last seen - 15 [RKKVC](https://millionrounds.com/fund/rkkvc) quiet VC firm · Poland **2** **$24M** median round **Nov 2025** last seen - 16 [S20 Fund](https://millionrounds.com/fund/s20) *Deploying now* VC firm · Poland **2** **$12M** median round **Sept 2026** last seen - 17 [PCH Capital](https://millionrounds.com/fund/pch-capital) quiet VC firm · Poland **2** **$1.1M** median round **Mar 2014** last seen - 18 [Adamed Technology](https://millionrounds.com/fund/adamed-technology) *Deploying now* VC firm · Poland **1** **$18M** median round **Apr 2026** last seen - 19 [Black Pearls VC](https://millionrounds.com/fund/black-pearls) quiet VC firm · Poland **1** **$1.1M** median round **Nov 2018** last seen - 20 [Blue Bird Capital](https://millionrounds.com/fund/blue-bird-capital) quiet VC firm · Poland **1** **-** median round **Oct 2015** last seen - 21 [Daftcode](https://millionrounds.com/fund/daftcode) quiet VC firm · Poland **1** **$13K** median round **Jul 2015** last seen - 22 [For Seasons](https://millionrounds.com/fund/for-seasons) *Deploying now* VC firm · Poland **1** **$13M** median round **May 2026** last seen - 23 [INNOventure](https://millionrounds.com/fund/innoventure) quiet VC firm · Poland **1** **$4.5M** median round **Nov 2025** last seen - 24 [InPost Nowoczesna Poczta](https://millionrounds.com/fund/inpost-nowoczesna-poczta) quiet VC firm · Poland **1** **$1M** median round **May 2012** last seen - 25 [Kogito Ventures](https://millionrounds.com/fund/kogito) quiet VC firm · Poland **1** **$4M** median round **Feb 2022** last seen **189 more on this list** All 214 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%2Fvc-firms-based-in-poland) ## The Newest Cheques Rounds this list's investors joined most recently - **14** Oct **[Ambio](https://millionrounds.com/company/ambio)** Seed · $5.7M *With* [Montis VC](https://millionrounds.com/fund/montis-vc) - **17** Sept **[Creem](https://millionrounds.com/company/creem)** Seed · $5.7M *Led by* [Inovo VC](https://millionrounds.com/fund/inovo-vc) - **16** Sept **[Expanse](https://millionrounds.com/company/expanse)** Seed · $5.3M *With* [AIP Seed VC](https://millionrounds.com/fund/aip-seed) - **16** Sept **[Boxd](https://millionrounds.com/company/boxd)** Pre-seed · $2M *With* [S20 Fund](https://millionrounds.com/fund/s20) - **15** Sept **[TesterArmy](https://millionrounds.com/company/testerarmy)** Pre-seed · $1.2M *With* [AIP Seed VC](https://millionrounds.com/fund/aip-seed) - **22** Jul **[Yope](https://millionrounds.com/company/yope)** Seed · $12M *With* [Inovo VC](https://millionrounds.com/fund/inovo-vc) ## Stages This Year 26 rounds - Seed **38%** - Series A **31%** - Pre-seed **19%** - Series B **8%** - Series D+ **4%** ## What They Backed Sectors, last 12 months - AI **15** - Software **4** - Robotics **4** - Energy **3** - Automotive & EVs **2** - Cybersecurity **2** ## Cheques by Quarter Led Joined 3 Q1 25 2 Q2 25 6 Q3 25 5 Q4 25 8 Q1 26 11 Q2 26 8 Q3 26 1 Q4 26 The last bar is the quarter still running. ## Lists Like This - [VC firms based in United States 25,936](https://millionrounds.com/lists/vc-firms-based-in-united-states) - [PE firms based in United States 19,904](https://millionrounds.com/lists/pe-firms-based-in-united-states) - [VC firms based in United Kingdom 2,451](https://millionrounds.com/lists/vc-firms-based-in-united-kingdom) - [VC firms based in China 1,473](https://millionrounds.com/lists/vc-firms-based-in-china) - [VC firms based in India 1,309](https://millionrounds.com/lists/vc-firms-based-in-india) - [VC firms based in Canada 1,211](https://millionrounds.com/lists/vc-firms-based-in-canada) - [VC firms based in Germany 1,186](https://millionrounds.com/lists/vc-firms-based-in-germany) - [PE firms based in United Kingdom 974](https://millionrounds.com/lists/pe-firms-based-in-united-kingdom) - [Incubators and accelerators based in United States 828](https://millionrounds.com/lists/incubators-accelerators-based-in-united-states) [All investor lists *→*](https://millionrounds.com/lists) ## Quick answers about VC firms based in Poland ### Who are the most active VC firms based in Poland? By cheques observed, the most active are Smok Ventures, Movens Capital, SpeedUp Venture Capital Group, Innovation Nest and Giza Polish Ventures. ### How many VC firms based in Poland are there? 214 are on record. 7% made an investment in the last 12 months and 3% have led a round. ### Which stages do VC firms based in Poland back? Of the rounds with a named stage in the last 12 months, mostly Seed (38%) and Series A (31%). ### How big are the rounds VC firms based in Poland join? The typical (median) round among the leading investors here is $2.9M. ### Which sectors do VC firms based in Poland back most? In the last 12 months, mostly AI, Software and Robotics. ### Which VC firms based in Poland lead the most rounds? Cogito Capital Partners (3 led), Movens Capital (1 led) and Inovo VC (1 led). ### What have VC firms based in Poland invested in recently? Recent rounds include Ambio (Seed, Oct 2026, with Montis VC), Creem (Seed, Sept 2026, with Inovo VC) and Expanse (Seed, Sept 2026, with AIP Seed VC). ### How is this list of VC firms based in Poland ranked? By cheques observed, from the rounds and filings we watched, and never by anything anyone paid for. It is rebuilt every night. Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)