According to the recently submitted declaration, the fund Level2 Ventures is to support Polish technology startups that use solutions such as technology blockchain, artificial intelligence, renewable energy sources, autonomous solutions and process automation. PLN 130 million from private funds will be allocated for this purpose.
Level2 Ventures will provide support to Polish technology startups
The investment in Polish technology startups announced by Level2 Ventures will take place at the Seed stages and during the A round. The fund issued an official statement in which it said that an amount ranging from PLN 250 will be allocated to the investment once. up to 1,5 million euros.
At the same time, Level2 Ventures intends to implement the following activities as part of the program DevelopmentStartups: building a friendly space for portfolio startups, developing managerial competences of Founders, as well as structuring the VC process.
Support for portfolio companies
The mission of Level2 Ventures is to provide portfolio companies with full business and operational support based on the complete environment formula. This goal became possible thanks to the Development4Startups development program and consultations with the best specialists in the industry. The fund focused on an operating strategy based on the reinvestment of capital from exits. Thanks to this, Level2 Ventures has a chance to become the leader of venture funds in Central and Eastern Europe.
Fund representatives emphasize that capital is only the initial stage of support. The experience in creating and developing a business, which the creators of Level2 Ventures want to share with market participants, is of key importance. Capital can help in achieving the goals set only in conjunction with strong business support based on the principle of partnership cooperation between the fund and the startup.