Central and Eastern European countries, including the Czech Republic, have been in the spotlight of early-stage venture capitalists for a while now. Moreover, during the past five years, the recognized potential of the developing local tech and innovation environment made CEE one of Europe’s fastest-growing regions for venture capital funding.
2021 brought a record-breaking VC ecosystem growth that more than doubled the total number of European tech unicorns, as a result of the pandemic and a rising urge for technology innovation. The venture capital boom has been, however, hit by the global economic downturn of 2022, leading to gradually dropping European early-stage investments throughout the year despite their spike in Q1, Dealroom reports.
With the growing feeling of uncertainty this year, it is only natural for VC funds in Czech Republic to become more cautious about the choice and volume of their investments, which presents an advantage to the lower, early-stage funding rounds. The Czech Republic has also recorded several milestones in 2022, including building its second unicorn and opening several new funds.
Getting a real grasp of the funding opportunities the Czech Republic offers may be particularly challenging for first-time-raising founders. To introduce the Czech investor environment and make the initial process less overwhelming, The Recursive has created a list of 20+ early-stage VC funds in Czech Republic you should know before your first fundraising.
This article presents only the beginning of mapping out the early-stage investors in The Czech Republic. Please, feel free to contact our newsroom with updates or companies we should add to the list: [email protected]ive.com. List is in alphabetical order.
Top VC funds in Czech Republic for your early-stage startup
1. Credo Ventures
Region focus: CEE…