GapMinder VC

Overview

GapMinder VC is a venture capital firm that invests in early-stage B2B Deeptech and SaaS startups in the South Eastern Europe (SEE) region, focusing on companies with the potential for global expansion. The firm primarily targets sectors such as Fintech, Cybersecurity, Enterprise Automation, and Data Analytics, with a strong emphasis on technologies like Artificial Intelligence, Machine Learning, and Natural Language Processing. GapMinder's investment strategy includes initial investments of up to €2.5 million, with significant follow-on capabilities, aiming to support startups from Seed to Late Seed stages. The firm manages two funds: GapMinder Fund I, established in 2018 with a capital of €50 million, and GapMinder Fund II, launched in 2024 with a target of €80 million. Fund II became active on February 14, 2024, after its first closing, and has since made investments in companies such as Salestools AI and Parol. GapMinder's portfolio also includes notable startups like Druid.AI, FintechOS, TypingDNA, Veridion, Siena.Cx, Cyscale, Deepstash, SmartDreamers, Machinations, Frisbo, and Innoship.io. GapMinder VC is supported by the European Investment Fund (EIF) and the European Bank for Reconstruction and Development (EBRD). The EIF has invested €30 million in Fund II through the InvestEU program and the Recovery Equity Fund, part of the National Recovery and Resilience Plan co-financed by the EU via Next GenerationEU. The EBRD has invested €10 million in Fund II, marking its first investment in a fund launched by Romanian partners. The firm's team comprises experienced professionals with backgrounds in technology, business, investments, and legal sectors, offering portfolio companies not only financial resources but also strategic support and access to an international network and capital markets.

Investment Focus

• Early-stage companies with high growth potential in the specified sectors and geographical regions.

Portfolio Companies