The Prague-based venture capital firm KAYA has announced to AIN that it is preparing to launch its fifth private investment fund, which will have €80 million at its disposal and will focus on Czech, Slovak, and Polish early-stage startups. Currently, KAYA team manages €300 million, has two unicorns and over 40 companies in its portfolio.

About KAYA VC

  • KAYA VC manages over $300 million in assets across 4 funds. KAYA co-invests and partners with funds like the British-American Index Ventures, European Creandum, EQT, and US-European Goldman Sachs. Their advisory network includes founders like Tomáš Čupr of Rohlík, as well as Juraj Masár and Veronika Koleják of Better Stack.
Czеchia’s Better Stack secures $10M from KAYA VC for its growth
  • Since the launch, it has more than forty companies in its portfolio, with the value of their shares reaching €300 million. KAYA’s portfolio includes two unicorns: the Czech online grocer, Rohlík, and the Polish Docplanner, a global platform managing healthcare practices and scheduling.
KAYA VC one of the fund partners, Tomáš Obrtáč.
Image by KAYA:
Tomáš Obrtáč, one of the fund partners

We support big dreams and ambitious plans. We help create the best conditions possible for our entrepreneurs, enabling them to overcome challenges more easily. We connect them with other successful entrepreneurs for advice and back their belief that the Central European Region is a fertile ground for building global companies that can win in their respective markets,

Tomáš Obrtáč, one of four equal partners in the fund, says.

More on the Fifth Fund launch

Now, the firm is preparing to launch its fifth private investment fund, which will have 80 million at its disposal.

KAYA expects their investor composition for their fifth fund to be similar to the previous one, where the majority of finances came from institutional investors and about three-quarters of the capital originated from the private sector. The minimum investment in KAYA is expected to be €1 million.

The fund also added that it does not specialize in a specific segment, category, or mission of startups. But KAYA aims to invest primarily in Czech, Slovak, and Polish companies.