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With over 45 startups already funded, Czech VC fund KAYA secures €70 million to back more Founders from CEE
- Prague-based VC fund KAYA raises €70 million for a fifth fund to support CEE Founders, backing up to 25 startups from pre-Seed to Series A.
- KAYA typically invests one to three million Euro initially and keeps a capital reserve for follow-on rounds, allocating up to €20 million to a single company through syndication.
- Founded in 2010, KAYA has backed over 45 ventures across Czechia, Poland, Slovakia, and the CEE region, actively using technology to enhance operations.
- Investors in KAYA include Central European entrepreneurs, multinational funds, major institutions, and regional banks.
- KAYA expands beyond the Czech Republic and Poland, seeking global products from strong technical teams across the CEE region.
- KAYA's portfolio includes unicorns like Rohlik and Docplanner, with Booksy anticipated to become a unicorn soon.
- They have invested in companies like Better Stack, SensibleBio, and Upheal, totaling over forty-five companies and €350 million in value.
- KAYA focuses on providing expert advice and facilitating follow-on investments for their portfolio companies.
- The fund's approach of not specializing in any particular industry allows them to support evolving technologies and trends for CEE entrepreneurs.
- KAYA aims to understand and support entrepreneurs globally, emphasizing a 'generalist' approach rooted in CEE sentiment.
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