Partner for Your Growth

“We invest in innovation-driven Slovak companies with the potential to become leaders in their segment and succeed on a global scale.”

Investment strategy

We like hi-tech industries; however, our focus is not limited to them. Our approach is more comprehensive and what counts the most is the innovation level, the overall uniqueness of the presented solution, and, of course, a skilled team with excellent execution power.
Innovation
and teamwork
We look for SMEs in their growth phase (Series A and later rounds)) with at least a partially functioning and viable product that has been proved on the market and has first paying customers or signed contracts for the upcoming months.
Series A, B
and following

The minimum amount of our investment share is €0,4 million, average participation ranges from €1.5 – 2 million. The final amount of funds and its structuring are project-specific and evaluated exclusively on a case-by-case basis.

Investment amount of
€0.4 – 7 million
We always invest alongside independent private co-investors based on the pari passu principle, in respect of contractual price (50:50 ratio) and sharing the same risks and rewards.
Co-investor
Primary choice of preference are Slovak-incorporated SMEs or European companies (EU) with some capital links to Slovakia.
Slovakia and Europe

Starting in June 2020, we have 6 years left to find and fund your ambition’s plans. The life span of the fund is set at 10 years, during which time we will endeavour to bring the company to a successful exit.

Investment period
3-7 years

Portfolio

Nettle AI
Nettle AI develops sophisticated tools powered by artificial intelligence that comprise comprehensive conversational platforms in the form of a virtual assistant. Thanks to artificial intelligence and machine-learning tools for structured data extraction and automated language processing (NLP), their solutions can autonomously resolve a broad range of challenging problems. Nettle AI's conversational artificial intelligence ranks among the best in the world and is used to communicate with customers by major technology companies and financial institutions including Eset, Samsung, ČSOB and 365 banka, among others. 
SEC Technologies
The Slovak-based company SEC Technologies develops and manufactures high end stand-off detectors of airborne chemical and biological agents. Based on over 30 years of research and development, its Falcon 4G detector is the only device in the world operating on the principle of active detection. Thanks to its own unique laser technology, the device is able to detect, identify and quantify chemical concentrations with up to 30 times higher sensitivity than passive detectors, up to a distance of 6 km.
Nexineo
Nexineo offers solutions for virtualized computer classrooms that replace traditional computers and laptops in schools. Their biggest advantage is cost savings and a healthier working environment.
Product Fruits
Product Fruits is a digital adoption platform for web-based applications. This solution is easily integrated to any digital platform as a separate layer and helps to solve issues with user onboarding by improving user experience and user conversions from trial to paying customers.
AgeVolt
Slovak startup AgeVolt focuses on the development of intelligent EV charging systems and crypto-based shared platform. Thanks to the existing electrical connection of the building can be used for installing EV chargers without the fear of network overload, increasing the circuit breaker value or the reserved capacity. It holds the Seal of Excellence certificate, which was awarded by the European Commission to the most promising European innovative projects in 2020.
Sensoneo
Sensoneo is a global enterprise-grade smart waste management solution provider that enables cities and businesses to manage their waste efficiently, lower their environmental footprint and improve the quality of services.
Photoneo
Photoneo is a leading provider of robotic vision and intelligence.
Spaceti
Spaceti provides solutions especially for commercial and administrative premises by using of own sensors and related software who evaluates and manages information about occupancy, bookings and environmental conditions of the whole office.
Powerful Medical
Powerful Medical's core product is the PMcardio Platform – an AI-powered clinical assistant aiding doctors with the diagnosis and personalized treatment of cardiovascular diseases.
SuperScale
SuperScale offers a comprehensive solution that includes a SaaS platform and services for publishing and managing games in order to identify and maximize their commercial potential. The company's goal is to help game creators maximize their profits while supporting their growth.
SCAUT
SCAUT provides a range of services related to online background screening of job applicants and employees, including background checks, education verifications, and criminal record checks.
Twinzo
Twinzo is a unique digital 3D twin solution of manufacturing, warehouse, office, hospital, and city space.
Sentien
Sentien is producing bone conduction headphones.
Spinbotics
Company focuses on researching and developing innovative and intelligent robotic elements and structures for production and non-production processes – Modular Robots.
Vestberry
Vestberry is a portfolio management platform helping VC & PE firms manage their capital. Vestberry’s software enables investment funds to automate analytical and data processes.
Patron GO
Patron GO is a fintech company that offers a mobile app designed to help users automatically identify and reduce overpriced expenses, optimize their finances, and earn rewards for making cost-saving changes.
Sloneek
Sloneek is a modern HR system containing a whole range of product features encompassing entire employee journey.
KUBO MEDIA
KUBO MEDIA is developing a digital library for online kids´ reading and education.
Netgrif
NETGRIF is developing a next-generation end-to-end low code application platform for process driven applications based on the Petriflow language that helps companies of all sizes digitize their processes.
Nettle AI

Nettle AI

Nettle AI develops sophisticated tools powered by artificial intelligence that comprise comprehensive conversational platforms in the form of a virtual assistant. Thanks to artificial intelligence and machine-learning tools for structured data extraction and automated language processing (NLP), their solutions can autonomously resolve a broad range of challenging problems. Nettle AI's conversational artificial intelligence ranks among the best in the world and is used to communicate with customers by major technology companies and financial institutions including Eset, Samsung, ČSOB and 365 banka, among others. 

News

VFF at ITAPA 2022 - From Dubai to the Danube

05.09.2022

ITAPA EXPO 2022 is not only about exhibits from the Slovak pavilion at EXPO Dubai 2020. The innovation festival will prove to you that even with small steps we can work towards great things. We will be there too!

Blog

06.06.2022

Blog

Sensoneo raises €2M investment from EIC Fund and VFF Fund

24.10.2021

Sensoneo, the provider of enterprise-grade smart waste management solutions, has received investment in the size of €2M to further accelerate the expansion of the company.

Investície

About us

Investors

Investors

“The combined participation of the Fund and its co-investors will facilitate the emergence of a next generation of business champions in Slovakia.”
Lilyana Pavlova, Vice-President of European Investment Bank (EIB)

Venture to Future Fund is a joint initiative of EIB, the Ministry of Finance of the Slovak Republic, and the Slovak Investment Holding. It is the first venture capital fund of its kind in the CEE region that has lured EIB´s capital. 

Team

Matej Říha

Matej Říha

Chairman of the Board

Matej has 15+ years’ experience in managing positions in M&A, transaction advisory, and investment and corporate banking (Patria Finance/KBC Group, VUB/Intesa Sanpaolo Group, and OTP Group). Before joining Venture to Future Fund, he served as executive manager for the JEREMIE holding fund in Slovakia. Matej graduated from the University of Economics in Bratislava, majoring in finance, banking and investing.

Martin Banský

Martin Banský

Vice-chairman of the Board

Martin has 15+ years’ experience in the field of transaction advisory, M&A, and investment banking (e.g. WOOD & Co., Patria finance) as well as in the banking sector (Tatra banka, VUB bank). High on the list of his managerial accomplishments is the sale of a part of Slovak Telekom; he has also led a number of M&A transactions within the mining, pharmaceutical and aviation industries. He graduated from Matej Bel University in Banska Bystrica, majoring in finance, banking and investing. 

Miriama Hanout

Miriama Hanout

Board Member

Mirka has spent more than 8 years working in the field of M&A, transaction advisory, investment banking, and financial planning (AZC Group, CSOB Advisory, Corpia Group). She was in charge of several acquisition projects within the agriculture, biofuels and food industries, and also in the post and telecommunications sectors. She graduated from the University of Žilina, majoring in economics and management; she also studied at the University of Jyväskylä, Finland. 

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