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SpeedUp Venture Capital Group

Europe, Wielkopolskie, Poland, Poznan

Description

SpeedUp Venture Capital Group, headquartered in Poznan, Poland, is a prominent venture capital firm with a focus on investing in early-stage technology companies possessing global potential. Established in 2009, the group has evolved into a leading player in the Central and Eastern European startup ecosystem, known for its strategic approach to nurturing innovative ventures from pre-seed to Series A stages. Their investment philosophy centers on backing visionary entrepreneurs who are developing disruptive new technologies across various sectors.

The group operates through a diversified fund structure, each with a distinct investment thesis and typical check size. For instance, SpeedUp Bridge primarily targets projects with global potential at the pre-seed, seed, and pre-A stages, offering initial investments ranging from PLN 100,000 to PLN 3,000,000 (approximately $25,000 to $750,000 USD). Complementing this, SpeedUp Energy Innovation focuses specifically on early-stage companies within the energy sector, deploying capital from PLN 1,000,000 to PLN 8,000,000 (approximately $250,000 to $2,000,000 USD). This multi-fund strategy allows SpeedUp Group to cover a broad spectrum of early-stage opportunities while providing tailored support to its portfolio companies.

Since its inception, SpeedUp Venture Capital Group has built an impressive track record, having invested in over 80 companies across various technology domains. Their commitment extends beyond initial capital, as they actively support portfolio companies in subsequent funding rounds and strategic development. This hands-on approach has yielded significant results, with their portfolio companies collectively raising over PLN 1 billion (approximately $250 million USD) in follow-on investments from other investors. SpeedUp Group's deep understanding of the Polish and broader European tech landscape, combined with its robust network and operational expertise, positions it as a key partner for startups aiming for international growth.

Investor Profile

SpeedUp Venture Capital Group has backed more than 53 startups, with 0 new investments in the last 12 months alone. The firm has led 12 rounds, about 23% of its total and boasts 5 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Pre Seed, Series A rounds (top funding stages).
  • Majority of deals are located in Poland, United Kingdom, Germany.
  • Strong thematic focus on Software, E-Commerce, SaaS.
  • Typical check size: $25K – $2M.

Stage Focus

  • Seed (66%)
  • Pre Seed (23%)
  • Series A (8%)
  • Non Equity Assistance (2%)
  • Series Unknown (2%)

Country Focus

  • Poland (85%)
  • United Kingdom (4%)
  • Germany (4%)
  • Czech Republic (4%)
  • Estonia (2%)

Industry Focus

  • Software
  • E-commerce
  • Saas
  • Sales
  • Mobile
  • Artificial Intelligence (Ai)
  • Manufacturing
  • Advertising
  • Mobile Apps
  • Analytics
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does SpeedUp Venture Capital Group frequently co-invest with?

Contrarian Ventures
Europe, Vilniaus Apskritis, Lithuania, Vilnius
Co-Investments: 1
Third Sphere
North America, New York, United States, New York
Co-Investments: 2
Founder Collective
North America, Massachusetts, United States, Cambridge
Co-Investments: 2
EnBW New Ventures
Europe, Baden-Wurttemberg, Germany, Karlsruhe
Co-Investments: 2
Xevin Investments
Europe, Mazowieckie, Poland, Warszawa
Co-Investments: 1
APX
Europe, Berlin, Germany, Berlin
Co-Investments: 2
Visionaries Club
Europe, Berlin, Germany, Berlin
Co-Investments: 2
Axel Springer Plug and Play Accelerator
Europe, Berlin, Germany, Berlin
Co-Investments: 1
EIT InnoEnergy
Europe, Noord-Brabant, The Netherlands, Eindhoven
Co-Investments: 1
LocalGlobe
Europe, England, United Kingdom, London
Co-Investments: 2

Which angels does SpeedUp Venture Capital Group often collaborate with?

MJ
North America, Florida, United States, Miami
Shared Deals: 1
FH
Europe, Stockholms Lan, Sweden, Stockholm
Shared Deals: 1
RH
Europe, Redbridge, United Kingdom, Ilford
Shared Deals: 1
BB
Europe, Bayern, Germany, Munich
Shared Deals: 1
JD
Europe, Berlin, Germany, Berlin
Shared Deals: 1

What are some of recent deals done by SpeedUp Venture Capital Group?

CYCLE

Berlin, Berlin, Germany

CYCLE provides serviced electric vehicles for last-mile delivery companies and couriers.

Electric VehicleTransportation
Series AJul 19, 2023
Amount Raised: $11,541,146
Patron GO

Hodkovice, Hlavni mesto Praha, Czech Republic

Patron GO is a mobile app that automatically finds and eliminates unnecessarily high payments on users' bank accounts. (PSD2)

FinanceFinancial ServicesFinTechMobile AppsPersonal Finance
SeedDec 15, 2022
Amount Raised: $308,524
Viraltalk

Torun, Mazowieckie, Poland

Viraltalk provides a communication management and advertising optimization analysis tool for TikTok.

Advertising
SeedNov 8, 2022
Amount Raised: $214,717
ReadyCode.io

Warsaw, Mazowieckie, Poland

ReadyCode is a startup that provides robust modding support technology.

Console GamesConsultingGamingPC GamesSoftwareVideo Games
Pre SeedOct 6, 2022
Amount Raised: $300,407
1M TRACK

Warsaw, Mazowieckie, Poland

1M TRACK is a polish sports-tech startup.

ManufacturingSporting GoodsSports
SeedSep 16, 2022
Amount Raised: $212,137
SP Tech

Torun, Mazowieckie, Poland

SP Tech Solutions algorithms optimize railways around the world. easily. effectively. immediatly.

IT ManagementTechnical Support
SeedAug 23, 2022
Amount Raised: $1,043,821
Podhash

Pulawy, Lubelskie, Poland

Podhash is a marketing platform with millions of podcasts and episodes.

AdvertisingAudioData VisualizationDatabaseDeveloper APIsDeveloper PlatformInternet RadioMarketingSearch Engine
SeedJun 21, 2022
Amount Raised: $230,000
CYCLE

Berlin, Berlin, Germany

CYCLE provides serviced electric vehicles for last-mile delivery companies and couriers.

Electric VehicleTransportation
SeedMay 11, 2022
Amount Raised: $10,511,942
Erbeo

Hodkovice, Hlavni mesto Praha, Czech Republic

Erbeo is a plug-in for e-commerce platforms that allows them to finance their merchants easily

FinanceFinancial Services
Pre SeedDec 1, 2021
Amount Raised: $1,007,396
Scramjet

Suwalki, Podlaskie, Poland

Reactive Data Processing Company

Cloud ComputingInformation ServicesIT InfrastructureOpen SourceSoftware
Pre SeedOct 5, 2021
Amount Raised: $500,000