Firms

Radix Ventures

Radix Ventures is a venture capital firm backing research-intensive startups across Central and Eastern Europe and selectively elsewhere in Europe. It invests in technologies moving toward commercial deployment in renewable energy and storage, industrial automation, robotics, AI, autonomous transport, space, advanced computing and defence or dual-use applications. The team supports intellectual property strategy, pilot implementations, business models, revenue development and subsequent financing. The firm operates through Radix Ventures GP SARL in Luxembourg and Radix Advisors Sp. z o.o. in Warsaw. Its current manager portfolio is published separately from the partners’ earlier investments and exits.

Founded: —
Type: Venture capital

Funds1

Radix Fund I2024-03-122024-03-12€41M
First deeptech fund for late-seed companies in Central and Eastern Europe, with a EUR41M first close reported by the issuer in June2024 toward a EUR60M target. The fund was previously announced with an EIF EUR25M LP commitment on July4,2023, in the earlier launch phase. PFR’s English LP release dated March12,2024 confirms participation in a first close (its Polish counterpart is dated March13). PFR EUR10M and EIF EUR25M are individual LP commitments, not separately added fund corpus. The issuer-worded press release datelined June17,2024 reports the same vehicle’s first-close corpus of EUR41M against a EUR60M target. March12 is the earliest verified first-close announcement, not evidence that exactlyEUR41M had already closed that day. No final-close amount/date was confirmed.