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Central and Eastern Europe have less venture capital at their disposal than their GDP or population could justify. But with new funds being attracted by their startups’ talent pool, global mindset and capital efficiency, this could change. Let’s investigate. — Anna
What do UiPath, Vinted and Wise have in common?
Startup founders in Central and Eastern Europe will soon have more dry powder to hunt.
In recent weeks, we learned that Underline Ventures was: halfway through raising a €20 million fund to invest in Romania and nearby countries; that it was Poland-based Inovo VC targeting €100 million for his third fund; and that Spanish-born Demium was… launch a new fund to invest in Central European startups, with plans for a second close of €30 million to €40 million in September.
