Our investment criteria
Read this before you submit. It saves you time, and lets us answer faster.
We are a good fit if
- Stage: pre-seed or seed, ideally with €5k–100k in monthly recurring revenue.
- Sector: B2B SaaS, vertical software, B2B fintech, applied AI.
- Team: at least one technical founder, full-time on the company.
- Round: you are raising now and can take $100k–500k from a syndicate.
- Outcome: a realistic path to acquisition by a larger software company.
We are not a fit for
- Consumer social and mobile apps
- Crypto and Web3 protocols
- Ideas without a product or customers
Frequently asked questions
What check size do you write?
Our syndicate typically invests $100k–500k per company.
Which stages do you invest in?
Pre-seed and seed, usually after first revenue.
Where do you invest?
Mainly Europe, with a focus on the Baltics, Nordics and Central & Eastern Europe. Strong founders from elsewhere are welcome to apply.
What do you not invest in?
Consumer social apps, crypto and Web3 protocols, and pre-product ideas without customer evidence.
Raising a pre-seed or seed round?
Send us your deck and a few numbers. It takes about five minutes.
Every submission gets a reply within two days.
Submit your deck