Demium launches fund for investing in Central European startups

The new Demium Central Europe Talent Fund I FCRE will develop projects at the pre-seed and seed stages, as the investment company’s team told AIN.Capital.

  • The company plans to announce the first €7-9 million deal in July and the second closing of a €30-40 million round in September.
  • Demium has been investing in Polish and Ukrainian projects since 2019. It also has its incubation hubs in these countries. The portfolio of startups backed by Think Bigger Fund I already consists of 12 companies.

“With our first fund, we have already invested in European companies, but this new fund will be exclusively used to promote innovations in Central Europe. With it, we want to demonstrate our commitment to the economic development of countries like Ukraine, Poland, the Czech Republic, Hungary, and Romania. We hope to offer our investors above-market profitability, using our position and competitive advantages in this territory,” says Monte Davis, CEO of Demium.

Demium is a talent investor founded in Spain in 2013. It has a presence in five countries: Spain, Portugal, Poland, the Czech Republic, and Ukraine. Ukrainian startups such as Recoshelf, Electronic KYC, DrugCard, Beholder, Max Game Value, and others have emerged thanks to Demium’s Ukrainian incubator.

Demium has recently invested €100,000 in Max Game Value, a startup that allows bloggers and streamers to monetize their content. The company has not disclosed the financial details of the deal. Also, at the end of May, the incubator Demium Ukraine announced that it planned to invest €100,000 each in 25 startups from the Ukrainian Startup Fund.