bValue

bValue is a venture capital firm based in Warsaw, Poland, established in 2016. It specializes in investing in early-stage companies primarily located in Central and Eastern Europe. The firm focuses on technology, tech-enabled, and innovation-driven businesses, providing growth capital to ambitious entrepreneurs in the region. bValue aims to foster innovation and digitalization, offering strategic and tactical support to regional category leaders seeking international expansion. The firm manages a growth equity fund and is also involved with an early-stage venture capital fund that targets various sectors, including communications, software, consumer products, and IT services. Through its investments, bValue seeks to play a pivotal role in the development of the entrepreneurial ecosystem in Central Europe.

Maciej Balsewicz

Founder and CEO

Leszek Orlowski

Investment Director

Dariusz Żuk

Founder

Marcel Animucki

Investment Principal

Past deals in Baltics

Roq.ad

Seed Round in 2019
“Identity as a service with German precision and global reach”. Roq.ad’s technology creates an accurate and up to date “map” of (almost) all digital devices used in a specific country. Linking all these devices correctly to individuals and households creates a rich “Identity Graph” powering the open Internet. Roq.ad originally had two product lines. In 2018, we split the company into two separate entities and sold the larger, lower margin, part of our business to our largest customer. Since then we focused on the enterprise SaaS part of our business, delivering identity resolution products to our customers. We started the enterprise SaaS business in 2017 Germany, expanded to Europe in 2018 and launched in the US in 2020. Our teams are located in Berlin, Germany / Poznan, Poland / Vilnius, Lithuania and San Mateo / US.
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