EBRD Venture Capital

Name

EBRD Venture Capital

Legal name

EBRD Venture Capital

Website

https://www.ebrdvcip.com/

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

11–50 employees

Short description

EBRD Venture Capital is the London-based venture arm of the European Bank for Reconstruction and Development, investing from Series A to late stage (€2m–$30m tickets) in transformative technology companies across Central and Eastern Europe, MENA, Central Asia, and selectively Sub-Saharan Africa, backed by a $300m third fund.

Ownership category

akta.pro rank

Product category

Venture Capital Investment

NAICS

Portfolio Management and Investment Advice (52394), All Other Financial Investment Activities (52399)

SIC

Investment Advice (6282)

akta.pro primary industry

Late-Stage Venture Capital (Series C+) (FSANAAAC)

akta.pro secondary industry

Strategic / Balance-Sheet CVC (On-balance-sheet investing) (FSANAHAA)

Keywords

• Venture capital investing
• Technology growth equity
• Emerging market investments
• Multi-stage capital funding
• Startup portfolio management

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Venture Capital Returns: EBRD VC generates returns through capital appreciation and exits from portfolio companies. Investment model combines management fees and carried interest from successful portfolio realizations.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

EBRD Venture Capital is a multi-stage venture capital fund that invests from Series A (or exceptionally earlier) through late stage into transformative technology businesses with development and engineering teams in Central and Eastern Europe, the Middle East and North Africa, and Central Asia. The fund deploys ticket sizes from €2m to €30m over the life of each investment and complements capital with mentorship, strategic guidance, board-level engagement, and introductions to operators, domain experts, and potential partners.

Product overview

EBRD Venture Capital is a multi-stage venture capital investor, not a product company. Its primary offering is its investment fund (EBRD VC Fund), which deploys capital from $300m across ticket sizes of €2m–€30m per company. The fund targets transformative technology businesses founded by teams in Central and Eastern Europe, the Middle East and North Africa, and Central Asia, investing from Series A through late stage. The fund is accompanied by portfolio support services including mentorship, strategic advisory, network introductions, and board-level engagement, and operates via founder-friendly NVCA terms.

Differentiator

Problem solved

Functional benefit

Products and services

• EBRD VC Fund Multi-stage venture capital fund that invests from Series A (or exceptionally earlier) through late stage in transformative technology businesses with development and engineering teams in Central and Eastern Europe, the Middle East and North Africa, and Central Asia. The fund deploys ticket sizes from €2m to €30m over the life of each investment under founder-friendly NVCA terms, and combines capital with strategic guidance, mentorship, and access to EBRD's institutional network across 36 countries.

Quantifiable outcome

• 14 successful exits from portfolio
• +1 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered minor.

• CVC Bosphorus SummitminorStrategic or Co-development PartnerEBRD VC participated in Turkey's first corporate venture capital conference, connecting with over 700 participants from 485 companies including corporate investors, VC funds, and family offices.
• EU-Moldova Investment ConferenceminorStrategic or Co-development PartnerEBRD participated in conference co-organized with Moldovan government and European Commission where over €1B in investment partnerships were announced for Moldova.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Atomico: London-based late-stage European VC founded by Skype co-founder Niklas Zennström. Comparable stage range and European tech focus but operates at materially larger fund size and broader geographic mandate.
• Balderton Capital: London-based European early- and growth-stage VC. Overlapping stage and tech focus, but with a broader pan-European mandate and significantly larger fund size.
• International Finance Corporation (IFC) Venture Capital: World Bank Group's private-sector investment arm with venture and growth equity activities across emerging markets, including CEE, MENA, and Central Asia. Most structurally comparable peer given multilateral development-bank backing and emerging-market technology mandate.

Direct peers

• Almaz Capital: US/EU-based VC investing in tech companies with CEE/CIS origins. Direct co-investor with EBRD VC in Nomagic's $44M Series B; highly comparable thesis on CEE-rooted founders building globally.
• Speedinvest: Vienna-based pan-European early-stage VC with sector-focused funds (fintech, deeptech, health, etc.). Comparable multi-stage capability and European emerging-market orientation; one of the most active lead investors in CEE and SEE.
• Frontline Ventures: London-based B2B SaaS-focused early-stage VC with a stated focus on European and US-facing founders. Founded by Shay Garvey, who serves as an external advisor to EBRD VC; comparable stage and tech orientation, though geographically broader.
• Credo Ventures: Czech-based early-stage VC focused on CEE and founded by Ondřej Bartoš. EBRD VC's most consistent co-investor (Brightpick, Axoflow, Craft), with an overlapping thesis on ambitious CEE founders building global businesses.
• Earlybird Venture Capital: One of Europe's longest-standing early- and growth-stage VCs with a strong CEE footprint (Berlin/Munich-led but actively invests across CEE). Directly comparable to EBRD VC in multi-stage tech investing across European emerging markets, including co-investment activity in CEE.
• Target Global: Berlin/Israel-based growth-stage VC with significant CEE and MENA exposure. Comparable ticket sizes and stage focus; frequently co-invests or competes in rounds led by EBRD VC in CEE and Israeli-related deals.

Emerging players

• 500 Global (formerly 500 Startups): Global early-stage VC and accelerator with strong MENA and CEE presence. Direct co-investor with EBRD VC in RemotePass's Series B; comparable stage focus but earlier-stage and broader emerging-market mandate.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/ebrdvc

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments44 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about EBRD Venture Capital