1:47 28 April 2021
New investment fund starts operations in Poland
Freya Capital is a venture capital fund that aims to provide investment support to early-stage companies. The fund has been selected in the latest edition of the Polish Development Fund (PFR) Starter program. The total capitalization of Freya Capital is PLN 64 million.
Freya Capital intends to invest in seed/early-stage companies operating in Europe, with high growth potential, and plans to expand into international markets. In the course of its cooperation, the fund will support enterprises on the merits and business-wise, benefiting from the knowledge of its partners.
Freya Capital was established by a team of experienced entrepreneurs – Hubert Anyżewski, Zbigniew Barwicz, Jan Grochowicz, and Michał Lewandowski – who, before establishing Freya Capital, had founded, developed and sold more than 10 companies with a total value exceeding PLN 800 million.
“Freya Capital was established to support young Polish companies not only financially, but also on the merits, by offering them a ‘smart money package,” Zbigniew Barwicz, Cofounder and Managing Partner of Freya Capital, said.
“Our long-term goal is to support about 25 companies. We can allocate up to PLN 4 million for the development of each project. In the case of larger projects we do not exclude joint investments with other funds,” he added.
(WBJ)
