Prague-based venture capital firm KAYA has successfully raised nearly €70 million in the first close of its fifth fund, marking a significant milestone in its mission to support innovative startups across Central and Eastern Europe (CEE). The fund aims to back up to 25 early-stage startups, ranging from pre-seed to Series A rounds, fostering entrepreneurship in the region.
KAYA, a quiet yet powerful force in the European startup ecosystem, has already funded over 45 startups and boasts two unicorns in its portfolio. With a focus on countries like Slovakia, Poland, Czechia, Bulgaria, Croatia, and Slovenia, the firm is dedicated to helping founders scale their businesses on a global stage.
The newly raised Fund V will provide crucial financial support and strategic guidance to emerging companies in the CEE region, a hub known for its untapped potential and growing tech talent. KAYA’s approach combines capital investment with hands-on mentorship to drive innovation and sustainable growth.
Since its inception, KAYA has managed assets worth €300 million, establishing itself as one of the leading early-stage investors in Central Europe. This latest fundraise underscores the firm’s commitment to nurturing the next generation of tech pioneers in a competitive global market.
Industry experts view this development as a boost for the CEE startup ecosystem, which often struggles to attract significant investment compared to Western Europe. KAYA’s efforts could pave the way for more success stories and increased visibility for the region’s entrepreneurial talent.
As KAYA continues to identify and support promising ventures, the firm remains a key player in transforming innovative ideas into billion-dollar realities. Founders in the CEE region now have a renewed opportunity to turn their visions into impactful businesses with KAYA’s backing.
Maria Lourdes
