Prague-based Rockaway Ventures, the mutual fund of Rockaway Resources, has actually introduced the last close of its 2nd fund Rockaway Ventures II, increasing EUR55 million to sustain early-stage start-ups in Central and Eastern Europe (CEE) and various other arising markets.
The fund will certainly concentrate on early-stage financial investments, particularly late-Seed and Collection A financing rounds, concentrating on fields such as power, protection, and dual-use modern technologies. In the future, the fund intends to back start-ups throughout their whole development trip, from pre-Seed to later-stage financing.
“ We’re not simply funding. We’re business owners ourselves– we have actually constructed business, and we comprehend what’s nearby. Owners dealing with us get hands-on assistance in locations like worldwide growth and scaling,” shared Petr Šmíd, General Companion at Rockaway Ventures.
Established In 2014, Rockaway Ventures has actually been buying locations where the Rockaway Resources team has experience, mainly in retail and shopping, traveling & friendliness, electronic logistics, electronic media, cybersecurity, protection, CleanTech, and PropTech.
They significantly backed Czech success tales Productboard and Storyous.
Introduced in 2022, the existing fund attracts around 25% of its funding from Rockaway Resources (its moms and dad firm), and the rest directed via personal financiers– the majority of which are based in Czechia.
The fund has actually backed 11 business to day, and over the following 3 years they prepare to considerably increase their profile by devoting 60% of their financial investments to business in CEE– with the staying 40% targeting Western Europe and diaspora-led start-ups from Czechia.
“ We are presently seeing countless financial investment chances in fields considerably formed by international fads and geopolitical growths. We are specifically thinking about owners throughout Europe and the USA that are dedicated to driving development and progressing their organizations via transformative modern technologies,” included Dušan Zábrodský, General Companion at Rockaway Ventures.
Remarkable financial investments consist of Apaleo, a German cloud-native resort administration system made use of by customers like CitizenM and Limehome in over 15 nations; CulturePulse, a US-Slovak start-up using AI for behavioral modelling and threat forecast; and Gjirafa, an Albanian shopping and media system that has actually protected EUR7.7 million from Rockaway Ventures throughout 2 financing rounds.
According to Rockaway, the previous couple of years have actually been challenging for equity capital, however there seems a restored feeling of positive outlook in the technology industry particularly.
“ The healing started in 2024 and is proceeding this year. One essential motorist is transformative innovation, specifically AI. A couple of years earlier, lots of financiers really did not completely realize its capacity. Today, we can plainly show its sector-specific effect– which’s altering the video game,” claimed Šmíd
The message Czech investment fund Rockaway Ventures targets game-changing tech with new €55 million raise showed up initially on EU-Startups.
发布者：David Cendon Garcia，转转请注明出处：https://robotalks.cn/czech-investment-fund-rockaway-ventures-targets-game-changing-tech-with-new-e55-million-raise/
