Polish early-stage VC company AIP Seed has unveiled a €25 million fund to back promising startups from Central and Eastern Europe. Dubbed AIP Seed 2.0, the fund will back over 30 startups annually and offer financing and mentoring from co-investors and experts from its competence hubs.
The fund will invest up to €250,000 in these startups. Throwing more light on the newly unveiled fund, Dariusz Żuk, CEO of AIP Seed said: “Together with private co-investors, we want to allocate €25 million to the most interesting startups from CEE over the next three years. We are eager to look at projects that have been pre-validated on the market. We will invest up to €250,000 in early-stage startups, which often find it difficult to get funding due to the high-risk profile.”
According to the company, AIP Seed engages its co-investors at each stage of a project, bringing in exclusive capital, knowledge and know-how. In addition, the fund runs its own competence hubs which support startups in areas such as growth, people and culture, finance and law. Over the past ten years, AIP Seed has invested in over 110 startups.