Report: €900M of funding was invested in CEE startups in 2Q 2021
Vestbee, the biggest matchmaking platform for startups, VC funds, accelerators, and corporates in Central & Eastern Europe, recently published its VC Funding In CEE Report- 2Q 2021. According to the report, there are over 190 disclosed investments in the CEE region in the 2nd quarter for over €900M in total funding.
VC Funding In CEE Report offers a detailed overview of the CEE startup funding rounds and VC transactions, including month-by-month investment comparison, funding level, and exposure of the most impressive funding rounds. The report provides also a list of TOP 50 startups from the CEE region.
Findings
According to the Vestbee report, the most appreciated industries in 2Q 2021 include:
- Ecommerce
- Fintech
- Analytics
- Cyber Security
- Automotive
- AI & Big Data
- Media
Poland and Estonia appear as the most active countries, securing 118 and 21 rounds respectively. Among startups that received the largest fundings worth mentioning are:
- Vinted (Series F – €250M)
- Rohlik (Series C – €100M) achieved a unicorn status
- Uncapped (Series B – €66M)
- Productboard (Series C – €60.5M)
- Veriff (Series B – €58M).
The most active investors in CEE highlighted in the report are:
- Fil Rouge Capital
- Smok Ventures
- Next Road Ventures
- Knowledge Hub
- Accel
- Early Game Ventures
- Lighthouse Ventures
The next publication of the CEE Startups Funding Report – overview of VC investments in 3Q 2021 in Central & Eastern Europe will be published in October with a detailed overview of the CEE startup & VC Ecosystem.
