Warsaw-based Montis VC has raised €50 million at first close for a new fund to back early-stage European startups that develop technologies for the energy and industrial transition, as Vestbee was told.
- Montis VC was established in 2019 by Łukasz Dziekoński, Wojciech Szwankowski, and Michał Gawęda. The team has invested around €30 million across nine companies operating at the intersection of technology and industry. Its portfolio includes companies such as Micromobility Port, Fresh Inset, and Autofixer
- Montis VC plans to support 20–25 companies from its recent fund, with initial investments ranging from €0.5 million to €2 million. Half of the budget is reserved for follow-on rounds.
"We invest in founders who want to build the future of the European economy through technology and energy efficiency. We are particularly focused on areas such as the energy and industrial transition, where artificial intelligence can become a powerful driver of innovation and global scale," explains Michał Gawęda, Partner at Montis VC.
- LPs include the European Investment Fund through the REPowerEU programme, the Polish Development Fund via PFR Ventures, which provided a €10 million commitment, and a group of family offices and private investors from across Central and Eastern Europe.
"The €50 million first close is only a starting point. Over the coming months we plan to continue scaling the fund and are already in advanced discussions with additional investors," claims Łukasz Dziekoński, Partner at Montis VC.
