Credo Ventures has launched its fifth $88 million fund. It will focus on pre-seed investments in founders from Central and Eastern Europe and their diaspora.
- Founded in 2010 and based in Prague and Krakow, the firm continues its strategy of acting as a first-cheque investor, leading early rounds before broader market validation.
- Across four previous funds, Credo has backed over 100 startups, including UiPath and ElevenLabs, investing at the earliest stages.
- The new fund plans to invest $1–5 million in around 30 companies, making 7–8 new investments per year. It will remain sector-agnostic, backing founders from CEE as well as diaspora entrepreneurs in hubs such as the US and the UK.
- Credo positions its local networks and early-stage focus as key advantages in a fragmented regional market that remains less accessible to international investors.
- Fund V is led by partners Maciek Gnutek, Jakub Krikava, Max Kolowrat-Krakowsky, Matej Micek, Ondrej Bartos, and Jan Habermann.
