Cofounder VC has officially launched a new $35 million fund to support early growth-stage technology companies, continuing the investment activities of the CofounderZone team. The fund, which has already secured a first close of $14 million, aims to bridge a critical funding gap in Central and Eastern Europe. It will provide both capital and hands-on operational support to startups that have already achieved market validation and are prepared to scale.
A Strategic Focus on Validated Growth
The firm’s investment strategy is centered on minimizing execution risk by backing companies that have moved beyond the initial startup phase. General Partner Dr. Tomasz Golinski stated that innovation's value emerges only after market validation, which is when the fund steps in. Cofounder VC targets teams that have demonstrated proven demand, repeatable sales processes, and clear upward momentum in their respective markets.
To qualify for investment, companies are expected to generate between $116,000 and $232,000 in monthly recurring revenue and be profitable or near break-even. The fund plans to deploy between $1.1 million and $3.5 million into each of its approximately eight portfolio companies. This specific financial profile ensures that selected startups have a solid foundation for accelerated growth and market expansion.
More Than Just Capital
Beyond financial backing, Cofounder VC provides a comprehensive operational playbook designed to help founders navigate growth-phase challenges effectively. This hands-on support includes strategic guidance on international expansion, building professional sales teams, and implementing best practices in management. The firm’s approach is built on the principle that capital combined with operational expertise makes a decisive difference for scaling companies.
The team has been strengthened by the addition of Maciej Kowalczyk, founder of Corvus Ventures, and is supported by a group of experienced Venture Partners. A key asset is the firm's established network of over 250 business angels, which provides a unique advantage for deal sourcing and co-investment opportunities. This collaborative ecosystem is designed to provide portfolio companies with unparalleled access to industry knowledge and follow-on funding.
Addressing a Regional Market Gap
General Partner Michal Sioda highlighted that the fund aims to address a noticeable gap between seed financing and later-stage growth capital in the CEE region. Many promising local companies are often overlooked by larger international venture capital funds, creating a significant market opportunity. Cofounder VC is positioned to partner with these high-potential teams that have proven early commercial success and are ready to build bigger ventures.
While remaining sector-agnostic, the fund shows a preference for companies specializing in business-process digitization, sustainability, and health technology. The successful first closing was supported by a diverse group of backers, including the Polish Development Fund, alongside private investors and family offices from Poland and abroad. The fund intends to continue its fundraising efforts in the coming months to reach its final target.
The launch of Cofounder VC marks a significant development for the CEE technology landscape, offering a tailored solution for revenue-ready startups. By combining strategic capital with deep operational involvement, the fund is well-equipped to help founders accelerate their growth and achieve international scale. As it continues to raise capital, Cofounder VC is poised to become a crucial partner for the next generation of ambitious entrepreneurs in the region.