The Warsaw-based venture capital company AIP Seed has opened a new €25 million fund for startups from Central and Eastern Europe. Named AIP Seed 2.0, it will back over 30 startups annually and offer mentorship from experts, Tech.eu reports.
- Founded in 2009 by Dariusz Żuk, the fund focuses on early-stage startups from any sector. The average ticket size from AIP Seed 2.0 can reach up to €250,000.
“Together with private co-investors, we want to allocate €25 million to the most interesting startups from CEE over the next three years. We are eager to look at projects that have been pre-validated on the market,”
AIP Seed founder Dariusz Żuk on the fund.
- API Seed’s previous investments include Foodsi (€250,000 in 2021), Plenti ($170,000 in 2020), and CallPage ($1,1 million in 2016). The latter is the fund’s latest exit.
- Over the past ten years, the fund has invested in over 110 startups, making it one of the biggest funds in the region.