Slovak firm 0100ventures plans to open its second €60M fund

Bratislava-based venture capital firm 0100ventures, which provides growth capital for CEE startups, is looking to start its second €60 million fund for making CEE startup investments, Tech.eu reports. 

• Founded in 2016, 0100ventures is a venture builder running multinational co-working spaces, organizing international conferences and accelerating CEE companies. 

“We are convinced Slovakia and Czech Republic, along with the wider CEE region, possessed some of the best technological talents in the world. We are ready to help these startups and developers grow and gain the attention of the rest of the world,”

Michael Csonga, partner of 0100ventures comments. 

• The VC fund is led by its investment partners Michael Csonga, Vit Hanus and Dusan Duffek. 
• 0100ventures’ has previously closed €23 million fund that was focused mainly on Czech and Slovakian startups, including Prague-based real estate market-making platform providing buying solutions Reado, and US municipal web communication portal Simplicity. 
• The second fund will target to broaden its remit. It plans to invest in early stage rounds, at seed and series A, but will also provide LP funds to other central European venture investors. Bets from these funds could permit Zero One to take a wider view on the regional ecosystem.