The new fund is backed by the European Investment Fund (EIF) through the REPowerEU programme, PFR, and a group of family offices and private investors from across the CEE region.
The investment saw support from People Ventures and Repeat Ventures, alongside lead investor Creadum.
The round was led by Axon Enterprise, with participation from Munkene AS.
The €5 million pre‑seed round was led by Balderton Capital, with participation from NP Hard.
The fresh round was backed by Simon Capital, Oyster Bay Venture Capital, EquityPitcher Ventures, and Backbone Ventures.
The round was backed by Novanta Inc., Inderhabs, Namarel Ventures, and Braincats Consulting.
The funding round was led by Spectrum Equity, with support from Visionaries Club and s16vc.
The Series A round was led by Earlybird, with support from Defiant and existing backers.