NCBR Investment Fund ASI S.A.
Overview
NCBR Investment Fund ASI S.A. (NIF) is a co-investment venture capital fund established by the National Centre for Research and Development (NCBR), an executive agency of the Ministry of Science and Higher Education in Poland. The fund specializes in investing in small and medium-sized enterprises (SMEs) that are in their growth or expansion phase and commercialize the results of their research and development (R&D&I). NIF's investment budget is PLN 700 million for the years 2020-2026, with individual investments ranging from PLN 3 million to PLN 64 million. The fund operates through partnerships with accredited venture capital and private equity firms, co-investing primarily in Poland and other OECD countries. NIF's investment strategy focuses on sectors such as technology, healthcare, energy, agriculture, manufacturing, consumer goods, media, telecommunications, financial services, transportation, logistics, real estate, education, tourism, and retail. The fund aims to support innovative SMEs that have a proven business model and are seeking capital for growth and expansion. NIF's involvement is typically as a minority investor, allowing operational management to remain with the existing management team while providing support in key strategic decisions. In addition to its primary investment activities, NIF has engaged in strategic partnerships to enhance its investment capabilities. For example, in April 2022, NIF began a collaboration with the Lithuanian fund INVL Renewable Energy Fund I, focusing on co-investments in the renewable energy sector. This partnership aims to support the development of wind and solar farms on an industrial scale, contributing to Poland's energy transition and enhancing energy security in the region. Such collaborations reflect NIF's commitment to fostering innovation and supporting the growth of SMEs in Poland and beyond.
Investment Focus
- Innovative SMEs in growth or expansion phase
- Commercializing R&D&I results
- Seeking capital for growth and expansion
- Proven business model
- Operating in Poland or other OECD countries
Reach NCBR Investment Fund ASI S.A. directly
Verified work email, phone and LinkedIn for the full team — one spreadsheet, one payment, yours to keep.
Unlock full contacts →Frequently asked questions about NCBR Investment Fund ASI S.A.
What sectors does NCBR Investment Fund ASI S.A. invest in?
NCBR Investment Fund ASI S.A. invests in Financial Services, Technology, Healthcare, Energy, Consumer Goods and Real Estate, and is based in 69 Warsaw, Poland. NCBR Investment Fund ASI S.A. is listed as a venture capital in the ConnectSafely investor database.
What stage does NCBR Investment Fund ASI S.A. invest at?
NCBR Investment Fund ASI S.A. backs companies at Early Stage and Growth, writing cheques of 3M - 64M.
Which regions does NCBR Investment Fund ASI S.A. invest in?
NCBR Investment Fund ASI S.A. invests across Poland and OECD countries.
Who are the partners at NCBR Investment Fund ASI S.A.?
Team members listed for NCBR Investment Fund ASI S.A. include Paweł Materniak (Investment Director).
How do I contact NCBR Investment Fund ASI S.A.?
NCBR Investment Fund ASI S.A.'s contact details — including LinkedIn — are listed in the ConnectSafely investor database, along with its website and the LinkedIn profiles of its partners.
Last updated · Source: ConnectSafely investor database

