SpeedUp Venture Capital Group

Founded in Poznan, Poland, SpeedUp Venture Capital Group invests in early-stage companies across Central and Eastern Europe. They focus on innovative solutions in sectors such as consumer internet, fintech, martech, adtech, medtech, IoT, hardware, machine learning, AI, and more.

Rene Xavier Gerard

Partner

Robert Grygorowicz

Investment Manager

Mariusz Klobucki

Partner

Arkadiusz Piechocki

Co-Founder and Managing Partner

Past deals in Poland

Neurogames Lab

Pre Seed Round in 2017
NeuroGames Lab Sp. z o.o. is a tech startup based in Warsaw, specializing in DeepTech and artificial intelligence. Founded in 2017, the company operates from the Cambridge Innovation Center and focuses on creating innovative HR solutions, particularly through its product GameHR Sales. This platform leverages neuroscience, psychology, psychometry, and gamification to enhance the recruitment process for banks and insurers by linking game scores to verified sales abilities and skills. NeuroGames Lab aims to provide clients with validated tools that deliver long-term value in the competitive market. The company has garnered recognition as a leading player in the DeepTech, FinTech, and HRTech sectors in Poland, winning multiple awards including the Polish Innovation Prize and accolades from various business competitions. NeuroGames Lab is also an alumnus of notable acceleration programs and is currently seeking funding from venture capitalists and business angels.

Omni3D

Series A in 2016
Omni3D is a Polish manufacturer of industrial 3D printers and related hardware, including the Factory 2.0 Production System for large-format, durable parts. The company's printers are designed to produce strong, precise models suitable for spare parts for machinery and production lines, jigs and fixtures fabrication, rapid prototyping, and personalized low-volume production. Founded in 2013 and based in Poznan, Omni3D focuses on user-friendly, customizable printing technology for industrial applications.

ZenCard

Seed Round in 2014
ZenCard Sp. z o.o. is a Polish company that specializes in providing a real-time loyalty redemption platform, enabling retailers to effectively manage loyalty programs through existing payment cards. Founded in 2013 and based in Warsaw, ZenCard offers a solution that allows retailers to create targeted offers based on consumer purchase behavior, enhancing customer engagement. By installing a simple software component on existing payment terminals, retailers gain access to a web panel for setting up and managing loyalty marketing campaigns. The platform automatically analyzes customer behavior, facilitating the creation of tailored loyalty programs and discounts, which helps attract new customers and retain existing ones. ZenCard operates as a subsidiary of Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna, further solidifying its presence in the financial technology sector.

Mustache Warsaw

Seed Round in 2014
Mustache Warsaw is an online retail platform based in Warsaw, Poland, that supports designers by providing a marketplace for their products. The platform, mustache.pl, allows creators to register, showcase their clothing, accessories, and home goods, and manage sales directly to consumers. Mustache Warsaw equips designers with tools to facilitate payment processing and product delivery, ensuring an efficient sales experience. By enabling designers to maintain control over the entire design and sales process, the company fosters a creative environment that empowers creators in the retail sector. As a subsidiary of 4fun Media since October 2018, Mustache Warsaw continues to enhance its offerings for a diverse range of designers.

Omni3D

Seed Round in 2013
Omni3D is a Polish manufacturer of industrial 3D printers and related hardware, including the Factory 2.0 Production System for large-format, durable parts. The company's printers are designed to produce strong, precise models suitable for spare parts for machinery and production lines, jigs and fixtures fabrication, rapid prototyping, and personalized low-volume production. Founded in 2013 and based in Poznan, Omni3D focuses on user-friendly, customizable printing technology for industrial applications.

Ortopedio.pl

Seed Round in 2011
Ortopedio.pl is a Polish e-commerce platform based in Toruń, specializing in the sale of rehabilitation and orthopedic equipment. The company offers a range of products including wheelchairs, orthoses, stabilizers, anti-bedsore mattresses, stairclimbers, and equipment for urinary incontinence. These products are designed to assist individuals with disabilities, the elderly, and those with chronic diseases in improving their quality of life.

Recognize.im

Seed Round in 2011
iTraff Technology Sp. z o.o. was founded in 2010 as an initiative of Arkadiusz Skuza, Wojciech Radomski, Paweł Elbanowski and Marcin Szajek. The company empowers mobile and web developers to utilize the Image Recognition Technology with Recognize.im API. Recognize.im API allows businesses to quickly build image recognition into their own mobile and web applications. The setup is quick: upload your reference pictures to Recognize.im, and use the ready-made code available on the website. In a few minutes your platform will feature a built-in image recognition technology. This type of solution promotes genuine customer engagement and sales carried out via the mobile channel in virtually any consumer-facing industry. Recently, the Recognize.im Team has been focusing on supporting merchandising with image recognition technology by providing a special recognition mode that enables locating products on shop shelves. The idea is to enable real-time monitoring of shelf contents with unparalleled precision, thanks to which it will be possible to obtain various kinds of reports, such as compatibility planograms or comparisons to the competition. In addition to the above, hardware support for the described algorithmic engine is being prototyped in the form of a network of simple, low-cost devices installed on premises, enabling constant monitoring of the products in stores. So far technology developed by iTraff technology has enabled the creation of many applications in the fields of e-commerce, publishing, advertising, or affiliated with major brands. Partnership projects are carried out with companies like Evernote or Facebook. The company has also collected a number of awards for its implementations, including competitions in the United States, Austria, Finland, Greece, Poland and Belgium (including the prize awarded by the European Commission Commissioner for the Digital Agenda, Neelie Kroes).

Okazjum.pl

Seed Round in 2010
Okazjum sp. z o.o. is an online platform based in Szczecin, Poland, specializing in promotional offers from various retail outlets, including shops, supermarkets, and hypermarkets. The website serves as a comprehensive resource for users seeking local sales, allowing them to search for the best deals and access brochures from local retailers. Additionally, Okazjum provides a database of advertising catalogs, facilitating easier access to promotional materials and enhancing the shopping experience for consumers. As of October 2015, the company operates as a subsidiary of Grupa Interia.pl sp. z o.o. sp. k.

Legimi

Seed Round in 2009
Legimi is a Polish online eBookstore that specializes in providing a subscription service for eBooks and audiobooks. The company offers a diverse selection of books, magazines, and blogs, making it accessible to a wide range of readers. Legimi has developed cloud-based reading applications compatible with various devices, including smartphones, tablets, and computers. The subscription model resembles those of global digital entertainment platforms, allowing users to read and listen to content seamlessly across multiple devices. This focus on accessibility and convenience positions Legimi as a significant player in the digital reading market.
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