Tech.eu: Prague-based Presto Ventures will invest in Ukrainian startups

Prague-based Presto Ventures has announced the close of its second fund at a magnificent €30 million. Making no bones about it, the princes of Praha are looking to make seed and pre-seed round investments in no less than 40 B2B startups hailing from the CEE region, including the Baltics, Balkans, and Ukraine.

• Presto’s ticket size can range up to €3 million and say that they remain committed to follow-on rounds.
• Presto’s ticket size can range up to €3 million and say that they remain committed to follow-on rounds.
• As for the new fund, Presto reports having met with over two thousand startups, built a considerable deal flow, and added 20 companies to the portfolio, either as lead investor or participating in deals led by a number of industry notables including Y Combinator, Taavet+Sten, Point Nine Capital, Credo Ventures, Inven Capital, HenQ, KAYA, Senovo, Konvoy Ventures, and Startup Wise Guys.