Hedgehog Fund

Hedgehog Fund is an early stage business angels / venture capital fund operating in Warsaw, Poland

Our focus is on information, communication and technology (ICT) new ventures that demonstrate the potential to be scaled internationally or acquired by industry leaders.

Dependent on exit opportunities we may continue to invest in the new ventures through later stages of financing.

Once we have committed to an investment we proactively connect with entrepreneurs and bring together all the necessary resources to catalyze new venture growth whilst simultaneously reducing new venture risk.

Our investing principles:

• We invest in people with ready projects at early stage (having a prototype, platform and/or first clients as necessary minimum)
• We do not invest in idea (only)
• We invest in projects with up to 6 years perspective but we look at the investments opportunistically (we could have an early exit)
• We invest up to (max.) PLN 1 m per project in return for minority equity stake
• We build the portfolio of approx. 10-15 projects
• Our initial investment aims at approx. 15-30% of shares of the project
• We do investments in tranches trying to set up realistic goals to be reached by founders
• We try to co-invest to minimize the risk

Hedgehog Fund, established in 2012 and headquartered in Europe., specializes in Seed investments across E-Commerce, Fashion, Lead Generation, Software, Internet, Venture Capital, Mobile, FinTech, Developer Tools, Apps. The organization boasts a portfolio of 13 investments, with an average round size of $1.7M and 3 successful exits. Their recent investments include Allani, Protos Venture Capital, Kekemeke, Point Nine, Inovo VC. The highest investment round they participated in was $285.5M. Among their most notable exits are Allani and Protos Venture Capital. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.