Movens Capital has launched its second venture fund with a target of €60 million, of which €40 million is already secured.
The Polish VC firm plans to invest in 30 promising startups across Central and Eastern Europe (CEE), focusing on sectors like enterprise software, healthcare tech, climate, fintech, and AI-powered solutions.
Backed by institutional and industry heavyweights
The fund is supported by the European Bank for Reconstruction and Development (EBRD), Poland’s PFR Ventures, and more than 80 individual investors including seasoned tech founders and operators. Movens Capital aims to lead Series A and growth-stage rounds, where capital scarcity is most pressing.
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A launchpad for global CEE talent
“Our region never lacked talent, only the capital and support to scale,” said Artur Banach, Managing Partner at Movens. The firm brings hands-on experience and a strong network of tech advisors to help startups scale globally.
Building on strong Fund I track record
Movens’ first fund enabled portfolio companies to raise over €110M in follow-on capital and includes successful names like Vue Storefront (now Alokai), Doctor.one, and SKY ENGINE AI. With Fund II, Movens Capital will focus on sectors where regional founders hold a competitive edge, such as embedded finance, AI infrastructure, and climate resilience.
The fund’s first investments are expected to be announced this summer.
