A new report shows money flowing into Polish tech startups, with more than €250m raised so far in 2022
In the first three months of 2022, VCs invested a total of €251m in 98 transactions in Poland. On an annualised basis, that would suggest Polish startups could attract over €1bn for the first time ever in 2022.
Three takeaways from the report:
- Polish tech is on track for its biggest funding year yet despite geopolitical instability
- Government cash still plays a big role in Poland’s startup ecosystem
- Polish VCs are investing more alongside non-Polish investors
PFR Ventures vice president of the board Aleksander Mokrzycki: “We do not see any — I repeat any — risk that investors will not invest in Poland because of Ukraine. Ukrainians relocating startups to Poland could also boost the ecosystem.
Read the Sifted overview of the report by Polski Fundusz Rozwoju S.A. (PFR) and Inovo Venture Partners: