Presto Ventures

Presto Ventures is a prominent early-stage venture capital fund based in Prague, Czech Republic, with a dedicated focus on empowering talented startup founders across the Central and Eastern European (CEE) region. Established to bridge the funding gap for promising technology companies in the area, Presto Ventures primarily targets pre-seed and seed-stage investments. Their investment thesis centers on disruptive innovation within sectors such as B2B SaaS, artificial intelligence, deep tech, fintech, proptech, mobility, and e-commerce, identifying ventures with strong potential for global scalability.

The fund's strategy extends beyond mere capital injection; Presto Ventures positions itself as a hands-on partner, offering significant operational support, strategic guidance, and access to an extensive network of industry experts and potential clients. They seek founders with deep domain expertise, a clear vision, and the ambition to build category-leading companies. This collaborative approach is designed to accelerate portfolio companies' growth, helping them navigate market challenges and scale efficiently from the ground up.

Presto Ventures typically deploys initial cheques ranging from approximately $216,000 (€200,000) to $1,080,000 (€1,000,000) in pre-seed and seed rounds. This flexible investment range allows them to support a diverse array of early-stage ventures. The fund also reserves capital for follow-on investments, potentially investing up to €3 million in subsequent rounds to support their portfolio companies' continued development and expansion. As of early 2024, Presto Ventures boasts a robust portfolio of over 40 companies, underscoring their active role in fostering the CEE startup ecosystem. Their second fund, Presto Ventures Fund II, successfully raised €30 million, further solidifying their capacity to back promising ventures in the region.