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Central and Eastern Europe had less venture capital at their disposal than their GDP or population could justify. But with new funds attracted to their startups’ talent, global mindset and capital efficiency, that could start to change. Let’s explore. — Anna
What do UiPath, Vinted and Wise have in common?
Startup founders in Central and Eastern Europe will soon have more dry powder to chase.
In recent weeks, we learned that Underline Ventures is in the middle of raising a fund of 20 million euros to invest in Romania and nearby countries; that Poland-based Inovo VC was with a target of 100 million euros for his third fund; and this Spanish-born Demium was launching a new fund to invest in Central European startups, with plans for a second close of €30m to €40m in September.