Movens Capital has closed its €60 million Fund 2. This multi-stage venture capital firm is focused on supporting technology companies from Central and Eastern Europe (CEE) that demonstrate global potential. The consultancy was originally launched in 2018. It ensures critical capital and operational support to allow early-stage, promising startups to scale and succeed on the international stage. The fund takes equity stakes of between €250,000 and €3 million. It’s focused on consistently finding the best tech and tech-adjacent startups at the pre-Seed/Seed/Series A/A+ stages.

Movens Capital consists of a high-impact team experienced as former tech founders and machine learning specialists. Combined, they have more than 25 years of experience between both of them. The firm has built a reputation for delivering high-touch assistance through hiring, product development, and preparing companies to get in front of investors. Movens Capital's investment strategy targets ambitious founders in the CEE region, including those from Ukraine and Moldova, as well as diaspora founders building globally.

Movens Capital expects to do about 30 investments around the entire CEE region. Fundraising aside, the firm is already in active deployment mode with capital from Fund 2, with the first deal announcements expected this summer. Movens Capital plans to take the lead on most of these investment rounds, with an emphasis on both seed and Series A/growth stage investments.

The firm’s portfolio includes notable companies such as Alokai (formerly Vue Storefront), Packhelp (exited), SKY ENGINE AI, Talkie.ai, Certifier, Trasti, Doctor.one, and Fenige (exited). Movens Capital’s Fund 1 has attracted more than €110 million in follow-on funding for its portfolio companies. This major accomplishment is a testament to the fund’s dedication to sustained and inclusive growth as well as its long-term success.

This region never lacked talent. What’s missing is the capital and operational support needed to turn early traction into global growth. Movens Capital is the launch pad for ambitious CEE Founders aiming for global leadership. As former tech entrepreneurs, we actively support portfolio companies with meaningful operational expertise and strategic guidance. Backed by a uniquely engaged community of top-tier tech executives and advisors, we leverage their deep industry experience and networks to help founders rapidly scale and achieve lasting success globally - Artur Banach

Movens Capital is more than just a financial partner. It’s truly a launchpad for CEE founders who want to be global leaders. The firm is very involved with their portfolio companies focusing heavily on providing operational and strategic firepower to their companies. It taps into a deep bench of tech execs and advisors to supercharge growth.

Following our support for Movens Fund 1 under the EU-funded program, we are pleased to continue our collaboration with Movens Fund 2 through our balance-sheet-financed fund of funds. Movens’ team has consistently demonstrated a high level of professionalism in both their investment processes and investor relations. We are confident that they will play an important role in addressing the financing gap for innovative startups across multiple stages - Bartłomiej Samsonowicz

The closing of Fund 2 reinforces Movens Capital’s long term commitment to developing innovation- and entrepreneurship-led development in the CEE region. With a focus on providing not only capital but strategic support, the firm aims to empower the next generation of tech founders to achieve lasting success on a global scale.

We are delighted to back Movens’ new fund and help empower the next generation of tech founders in Central and Eastern Europe. Supporting the growth of the venture capital and private equity ecosystem is a key priority for the Bank in the region, and we are confident that this partnership will scale up new innovative and high-potential companies - Anne Fossemalle