TLDR: Metis Ventures Enters CEE and Appoints Romanian Principal
Metis Ventures, an Istanbul-based VC firm, is entering the Central and Eastern Europe market and looking to invest in 8-10 startups within the next 12 months. They are focusing on AI-enabled areas such as productivity, cybersecurity, inclusive FinTech, ClimateTech, and Digital Health, with investments ranging from €500K to €3M. Mircea Ghita, SeedBlink’s ex-Country Manager Romania, has been appointed to lead their CEE expansion.
Key Points:
- Metis Ventures is entering the CEE market and plans to invest in 8-10 startups in the next 12 months.
- They are focusing on AI-enabled areas like productivity, cybersecurity, inclusive FinTech, ClimateTech, and Digital Health.
Details:
Metis Ventures has been investing in tech companies for over a decade and has deployed $2B in public and private markets total. They have a portfolio of 55+ companies across 27 countries and have realized 4 exits within 4 years. The team has recruited Mircea Ghita to lead their CEE expansion, focusing on finding top founders to partner with and support in the region.
Metis Ventures’ investment thesis centers on driving change towards a more sustainable future, with a particular focus on AI-enabled areas. They are looking to make initial investments ranging from €500K to €3M and plan to reserve half of their funds for follow-on rounds to support portfolio companies.
Ghita, the newly appointed Principal for CEE at Metis Ventures, believes that there is a generational shift happening in the Romanian tech ecosystem, and he is excited to be a part of it. The team at Metis Ventures is confident in Ghita’s abilities to drive their firm forward and establish themselves as a top choice for early-stage rounds in CEE.
