Czech firm KAYA VC raises €70M for Fund V to support early-stage startups across CEE

KAYA, a Prague-based early-stage VC fund investing in intrepid founders across Europe, has raised nearly €70 million for a Fund V to continue supporting founders from the CEE region. The fund shared the news with AIN.

• KAYA has so far mainly rooted for Czech, Polish and Slovakian startups, but as part of its new fund, one of Central Europe’s oldest and most successful early-stage venture investors will invest in the broader Central and Eastern European region as well.

• The latest fund is expected to help up to twenty-five early-stage startups to global leadership, supporting them from the so-called pre-seed stage to Series A investment round.

• A typical initial investment from KAYA ranges from €1million to €3 million.

“The last decade has shown that there is a growing pool of technology talent in Central and Eastern Europe that has contributed to a number of global success stories – and KAYA has been behind many of them for almost fifteen years. We look for founders with big dreams and the courage to go global, and we want to be their first partners and long-term supporters: we enter at an early stage and stay on as the company grows into a truly global, impactful company.” says Tomas Obrtac, one of the four equal partners of the fund. 

KAYA offers its portfolio companies access to experts who have experience of running their own businesses or building and scaling global companies. In addition, KAYA assists in attracting follow-on investment and speeds up the negotiation process with funds.

• KAYA VC is a Czechia-based venture capital firm investing in founders from CEE, predominantly Czechia, Poland, Slovakia, and diaspora. KAYA invests in seed to early-stage companies in software, healthcare, and SaaS industries. The company portfolio includes: Booksy, Jutro Medical, Digitoo and Supernova.