Top 20 investors in Central-Eastern Europe with the biggest sum of Seed funding rounds over the recent years

Intro

The top 20 investors according to the total money raised in the funding rounds. These are VC funds and corporate investors in Central-Eastern Europe that have invested in Seed stage over the last 4 years.

Amount of money raised in Seed funding rounds is $280.3M, which is 17.1% of the total amount of money raised in Central-Eastern Europe over the last 4 years.

Top 20 investors in Central-Eastern Europe with the biggest sum of Seed funding rounds over the recent years
data provided by Unicorn Nest

Key takeaways

• Funds Geography – The most common countries among top VCs are Poland and Estonia. They host 8 VCs each. There are also funds from Bulgaria and Ukraine. The most common city is Tallinn which is home to 7 funds. There are also funds from Warsaw, Sofia and Gdansk. VCs in the sample usually invest in Poland and Estonia. They also invest in Bulgaria and The United States. For the majority of the funds, the country of the funds’ establishment and the country of their most frequent investments coincide.
• Industry Focus – The funds’ most common field for investments is Banking. They also invest in Manufacturing, Information Technology and Gamification.
• Important Years – The oldest fund in the sample was founded in 1999 and the newest one in 2019. In 1999 the most amount of funds were founded. VCs in the sample made the most deals in the period from 2011 to 2020. For some funds, 2020 was the year with the most amount of deals.
• Investments – Usually VCs take part in 2 – 6 funding rounds per year, sometimes in 2, 7 – 12 or in 13 – 24. The minimum number of funding rounds for VCs in the sample is 1, the maximum is 176. Average number of funding rounds is 29.8 while median is 11.5. The most common amount of funding rounds for VCs in the sample is 5. Minimum amount of lead investments for funds is 0 and maximum is 44. Average amount of lead investments is 7.1 while median is 4.0. The most common amount of lead investments is 1. Index of difference in percentage points of lead investments from the average is between -71.0 and 29.0 for funds in the sample. The average value for this difference is -4.5 and the median is 6.56. It means that these funds act as lead investors more often than other funds. The most common value is -11.0.
• Typical Rounds – VCs usually participate in rounds with 1 – 2 investors. Less often in rounds with 3 – 4, 2 – 3 or 6 – 7 investors. The most common average round size for these funds is less than 100 thousands. Other common ranges are 100 thousands – 1 million and 10 – 50 million. A Funds’ average multiplicator for portfolio companies at the last known valuation is 0.0 at minimum and 1.57 at maximum. Average value for this multiplicator is 0.22 and median is 0.07. The most common multiplicator value is 0.0.