Full Speed Ventures, a European VC firm co-founded by Polish investors, has announced the launch of its second, €50 million technology fund. The fund will support tech startups with initial ticket size of €1-2 million.
- Full Speed Ventures was founded by seasoned industry veterans Wojciech Fedorowicz and Daniel Star The firm brings decades of experience in technology investments to the table, providing insightful, practical guidance to the portfolio companies.
- The second fund will focus on tech founders, making a very small number of selective investments, where it can provide extensive, practical and execution-focused support.
- According to the fund, its small portfolio allows to dedicate substantial time and resources to each company. This strategy also enables them to provide funding for both initial and follow-on investment rounds.
Our approach is about being hands-on, acting as an extension of our portfolio companies’ teams, and guiding them through every challenge and opportunity. With this second fund we target early-stage companies with initial revenues, ready to conquer their sectors,
Full Speed Ventures representatives commented on the launch.
- Typically, the fund invests €1-2 milllion as a first ticket and continues supporting the company across CEE with a strong connection to Poland.
- The firm is based in Warsaw, Luxembourg, and Tel Aviv. Since the launch, Full Speed Ventures have made a number of investments in the areas of cybersecurity, medtech, AI, and consumer, including AVG, Backweb Technologies, Callpage, Cosmose AI, tylko, and others.
