The Launch-Pad for CEE Founders with Global Ambitions

Movens Capital is a multi-stage venture capital fund investing €0.25–3M in CEE (and CEE diaspora) tech companies with potential for an EU, US or global market leadership.

Let’s Talk Funding

€60M

reserved for top early-stage and growth startups

€0.25-5M

investment range

We support you from day one

We support founders at every stage – helping you stand out, scale fast, and succeed.

We’ve been in your shoes

We’ve spent 25+ years building tech companies  and 10+ years working with AI and machine learning.

€110M

raised by our portfolio companies in follow-on rounds

4.8/5 our rating on Landscape.vc

We’re here to help you grow

Our portfolio companies have attracted 9x in follow-on funding, totalling €110M.

Explore our Portfolio

Artur Banach

Łukasz Pawłowski

Radosław Rejman

Przemysław Jurgiel-Żyła

Michał Olszewski

Maciej Kraus

Zofia Sidorska

We are former tech founders and operator turned investors.

Our leadership team combines 150+ years of tech experience. We have:

Built and sold multiple tech companies
Managed €500M+ in transactions
Created 1,000+ tech jobs
Been active in AI/ML since 2015

Meet our investment team

Artur Banach

Partner

A visionary, an experienced entrepreneur & investor with 10+ transactions in tech industry).

Responsible for evolving the company from the largest Polish search engine into a unique ecosystem of adtech and martech companies – Netsprint Group (150+ employees). Its heart – the Netsprint Audience – is the largest data co-op in CEE and one of the biggest in Europe.
Extensive experience in scaling up different digital products internationally.
Delivered on strategic goals through mergers (LeadR) and acquisitions (WhitePress, Adrino, Waytogrow).
In addition to adtech, he is strongly focused on Artificial Intelligence and the international expansion of tech companies (eCommerce, fintech, SaaS, and platforms/marketplaces). He believes AI will profoundly reshape the business environment in the coming years.
Speaker and member of the IAB Europe Trading Committee.

Happy to anwswer your questions:

Artur.Banach@MovensCapital.com

Łukasz Pawłowski

Partner

Experienced investment banker, M&A advisor and investor.

17 years of corporate finance experience and 15 years in M&A advisory – at Ernst & Young Corporate Finance, CAG, and Espirito Santo Investment Bank (now Haitong Bank).
Proven track record of 20+ closed M&A transactions, including trade exits, private equity placements, MBOs, and mezzanine financing.
Since 2014, as a business angel investor, he has sourced, fundraised, and led several deals, including Netsprint (MBO, full exit in 2016), Packhelp (seed round – 2017), Fenige (seed round – 2017), and Salad Story (growth capital – 2017).
Graduated from the Warsaw School of Economics and the CEMS Master in International Management. He also studied at the University of Cologne and completed the MBO program at the Anderson School of Management at UCLA.
Passionate traveler, road biker, and photographer.

Happy to anwswer your questions:

lukasz.pawlowski@movenscapital.com

Radosław Rejman

Partner

19 years of experience in corporate finance and investment management, both as a manager, advisor, and investor.

Long-time operating experience covering asset management, manufacturing and trade.
Responsible for operations and financial management at two fund management companies (Opera TFI and Skanska TFI) and two brokerage houses (Opera Dom Maklerski, Opera Kwiatkowski i Wspólnicy), over 8 years at executive boards in financial institutions.
Key roles in investment and restructuring projects, including the Hoesch Design takeover by Sanplast, co-management of the SEB TFI acquisition and post-merger integration by Opera TFI, and co-investment in the Netsprint MBO with a successful exit.
Completed over 20 private equity transactions since 2003.
Licensed investment advisor by the Polish Financial Supervision Commission, ACCA Professional, MBA-level lecturer, and certified PADI Open Water Scuba Instructor (OWSI).

Happy to anwswer your questions:

radoslaw.rejman@movenscapital.com

Przemysław Jurgiel-Żyła

Investment Director

15 years of experience in building products and businesses.

Over 20 years of experience in sales.
At Netsprint and Datarino, he delivered solutions for the adtech, martech, fintech, and research markets.
He led teams developing advertising technologies, data warehouses, consumer behavior analysis tools (based on online and offline data), and financial risk assessment systems.
He has deep marketing expertise in artificial intelligence, machine learning, eCommerce, platforms, and marketplaces.
For 11 years, he has been active in the Industry 4.0 space through the Polish Chamber of Commerce for Electronics and Telecommunications (KIGEiT), where he successfully supports the Management Board as a supervisory board member.
After hours: maker (founder and president of the Makerspace Warsaw Association) and podcaster (co-creator of a digital transformation podcast).

Happy to anwswer your questions:

Michał Olszewski

Partner

17 years of experience in innovation commercialization, venture capital, and fintech entrepreneurship.

Managed SkyCash (2009–2013), growing it from an unsuccessful PoC into a market leader in remote mobile payments in Poland (train and urban transport tickets, cinema tickets, parking fees, GSM top-ups, cardless ATM withdrawals, and P2P transfers). Ranked #2 in the Deloitte Technology Fast 50 CEE for growth (2010–2014).
Led private equity investments at Opera AM (Dec 2009 – May 2013), achieving a high ROI, with fast-growing SkyCash in the portfolio.
Co-founded Business Angel Seedfund and invested in SkyCash (2007–2009).
Founded and ran one of the first Polish business angel networks (LBA, 2005–2007), facilitating eight investments, including MEDICAl gorithmics.
Co-founded ConQuest Consulting, the first Polish Junior Enterprise (1998).
Creative business developer and dealmaker with deep knowledge of the Polish innovation ecosystem. Advised on numerous VC and PE deals.
Currently responsible for leading fintech, B2B2C, and patent-based projects.

Happy to anwswer your questions:

michal.olszewski@movenscapital.com

Maciej Kraus

Partner

15 years of business experience in strategic consulting.

Extensive knowledge and hands-on experience with multinational companies – over 200 completed projects.
Expert in marketing and a recognized authority in pricing strategies.
Founded Fern Partners and successfully sold the company to PwC.
Lecturer in pricing at Stanford MBA; holds a PhD.
Member of the Advisory Board at StartX – a startup accelerator affiliated with Stanford University.
Active angel investor with four investments and one successful exit.
Strong networker with broad connections among entrepreneurs and industry experts.

Happy to anwswer your questions:

maciej.kraus@movenscapital.com

Zofia Sidorska

Operations manager

Over 10 years of experience in managing Operations and Administration departments within corporate groups and investment funds.

Oversight of operational budgets, liquidity management, and financial planning across multiple group companies.
Coordination with legal advisors, auditors, tax consultants, and financial institutions; supervision of accounting and regulatory reporting (KNF, KRS, CRBR, tax office).
Support for investment transactions and fund operations, including cooperation with portfolio companies and investor communications.

Happy to anwswer your questions:

zofia.sidorska@movenscapital.com

Artur Banach

Partner

A visionary, an experienced entrepreneur & investor with 10+ transactions in tech industry).

Responsible for evolving the company from the largest Polish search engine into a unique ecosystem of adtech and martech companies – Netsprint Group (150+ employees). Its heart – the Netsprint Audience – is the largest data co-op in CEE and one of the biggest in Europe.
Extensive experience in scaling up different digital products internationally.
Delivered on strategic goals through mergers (LeadR) and acquisitions (WhitePress, Adrino, Waytogrow).
In addition to adtech, he is strongly focused on Artificial Intelligence and the international expansion of tech companies (eCommerce, fintech, SaaS, and platforms/marketplaces). He believes AI will profoundly reshape the business environment in the coming years.
Speaker and member of the IAB Europe Trading Committee.

Happy to anwswer your questions:

Artur.Banach@MovensCapital.com

Łukasz Pawłowski

Partner

Experienced investment banker, M&A advisor and investor.

17 years of corporate finance experience and 15 years in M&A advisory – at Ernst & Young Corporate Finance, CAG, and Espirito Santo Investment Bank (now Haitong Bank).
Proven track record of 20+ closed M&A transactions, including trade exits, private equity placements, MBOs, and mezzanine financing.
Since 2014, as a business angel investor, he has sourced, fundraised, and led several deals, including Netsprint (MBO, full exit in 2016), Packhelp (seed round – 2017), Fenige (seed round – 2017), and Salad Story (growth capital – 2017).
Graduated from the Warsaw School of Economics and the CEMS Master in International Management. He also studied at the University of Cologne and completed the MBO program at the Anderson School of Management at UCLA.
Passionate traveler, road biker, and photographer.

Happy to anwswer your questions:

lukasz.pawlowski@movenscapital.com

Radosław Rejman

Partner

19 years of experience in corporate finance and investment management, both as a manager, advisor, and investor.

Long-time operating experience covering asset management, manufacturing and trade.
Responsible for operations and financial management at two fund management companies (Opera TFI and Skanska TFI) and two brokerage houses (Opera Dom Maklerski, Opera Kwiatkowski i Wspólnicy), over 8 years at executive boards in financial institutions.
Key roles in investment and restructuring projects, including the Hoesch Design takeover by Sanplast, co-management of the SEB TFI acquisition and post-merger integration by Opera TFI, and co-investment in the Netsprint MBO with a successful exit.
Completed over 20 private equity transactions since 2003.
Licensed investment advisor by the Polish Financial Supervision Commission, ACCA Professional, MBA-level lecturer, and certified PADI Open Water Scuba Instructor (OWSI).

Happy to anwswer your questions:

radoslaw.rejman@movenscapital.com

Przemysław Jurgiel-Żyła

Investment Director

15 years of experience in building products and businesses.

Over 20 years of experience in sales.
At Netsprint and Datarino, he delivered solutions for the adtech, martech, fintech, and research markets.
He led teams developing advertising technologies, data warehouses, consumer behavior analysis tools (based on online and offline data), and financial risk assessment systems.
He has deep marketing expertise in artificial intelligence, machine learning, eCommerce, platforms, and marketplaces.
For 11 years, he has been active in the Industry 4.0 space through the Polish Chamber of Commerce for Electronics and Telecommunications (KIGEiT), where he successfully supports the Management Board as a supervisory board member.
After hours: maker (founder and president of the Makerspace Warsaw Association) and podcaster (co-creator of a digital transformation podcast).

Happy to anwswer your questions:

Michał Olszewski

Partner

17 years of experience in innovation commercialization, venture capital, and fintech entrepreneurship.

Managed SkyCash (2009–2013), growing it from an unsuccessful PoC into a market leader in remote mobile payments in Poland (train and urban transport tickets, cinema tickets, parking fees, GSM top-ups, cardless ATM withdrawals, and P2P transfers). Ranked #2 in the Deloitte Technology Fast 50 CEE for growth (2010–2014).
Led private equity investments at Opera AM (Dec 2009 – May 2013), achieving a high ROI, with fast-growing SkyCash in the portfolio.
Co-founded Business Angel Seedfund and invested in SkyCash (2007–2009).
Founded and ran one of the first Polish business angel networks (LBA, 2005–2007), facilitating eight investments, including MEDICAlgorithmics.
Co-founded ConQuest Consulting, the first Polish Junior Enterprise (1998).
Creative business developer and dealmaker with deep knowledge of the Polish innovation ecosystem. Advised on numerous VC and PE deals.
Currently responsible for leading fintech, B2B2C, and patent-based projects.

Happy to anwswer your questions:

michal.olszewski@movenscapital.com

Maciej Kraus

Partner

15 years of business experience in strategic consulting.

Extensive knowledge and hands-on experience with multinational companies – over 200 completed projects.
Expert in marketing and a recognized authority in pricing strategies.
Founded Fern Partners and successfully sold the company to PwC.
Lecturer in pricing at Stanford MBA; holds a PhD.
Member of the Advisory Board at StartX – a startup accelerator affiliated with Stanford University.
Active angel investor with four investments and one successful exit.
Strong networker with broad connections among entrepreneurs and industry experts.

Happy to anwswer your questions:

maciej.kraus@movenscapital.com

Zofia Sidorska

Operations manager

Over 10 years of experience in managing Operations and Administration departments within corporate groups and investment funds.

Oversight of operational budgets, liquidity management, and financial planning across multiple group companies.
Coordination with legal advisors, auditors, tax consultants, and financial institutions; supervision of accounting and regulatory reporting (KNF, KRS, CRBR, tax office).
Support for investment transactions and fund operations, including cooperation with portfolio companies and investor communications.

Happy to anwswer your questions:

zofia.sidorska@movenscapital.com

Your questions answered (FAQ):

What is the story of Movens?

Movens Capital’s journey began with a group of entrepreneurs, classmates at the Warsaw School of Economics, who collaborated on various xtracurricular projects and eventually executed their first joint transaction – the management buyout of Netsprint from Norwegian Edda Media in 2014.

Following this success (70% stake exit to Dirlango in 2015 and remaining stake to Innova Capital in 2016), the team launched a series of Movens-branded SPVs with impressive outcomes:

– Movens Ventures 1: Invested in Packhelp (exit in 2019)
– Movens Ventures 2: Invested in Fenige (exit in 2023)
– Movens Ventures 3: Invested in Salad Story

In 2020, we launched our first institutional fund, Movens Fund 1, primarily focusing on pre-seed and seed-stage companies, with PFR Ventures as the institutional investor.

Two years later, we expanded our capabilities with Movens Growth Equity, investing at the Series A+ stage.

Now, with Movens Fund 2, we’re continuing our mission to be the go-to fund for the most ambitious founders from CEE, with the financial capacity to support them from pre-seed through Series A and beyond.

Do you have a termsheet template?

Movens Capital’s journey began with a group of entrepreneurs, classmates at the Warsaw School of Economics, who collaborated on various xtracurricular projects and eventually executed their first joint transaction – the management buyout of Netsprint from Norwegian Edda Media in 2014.

Following this success (70% stake exit to Dirlango in 2015 and remaining stake to Innova Capital in 2016), the team launched a series of Movens-branded SPVs with impressive outcomes:

– Movens Ventures 1: Invested in Packhelp (exit in 2019)
– Movens Ventures 2: Invested in Fenige (exit in 2023)
– Movens Ventures 3: Invested in Salad Story

In 2020, we launched our first institutional fund, Movens Fund 1, primarily focusing on pre-seed and seed-stage companies, with PFR Ventures as the institutional investor.

Two years later, we expanded our capabilities with Movens Growth Equity, investing at the Series A+ stage.

Now, with Movens Fund 2, we’re continuing our mission to be the go-to fund for the most ambitious founders from CEE, with the financial capacity to support them from pre-seed through Series A and beyond.

How much do you invest?

Movens Capital’s journey began with a group of entrepreneurs, classmates at the Warsaw School of Economics, who collaborated on various xtracurricular projects and eventually executed their first joint transaction – the management buyout of Netsprint from Norwegian Edda Media in 2014.

Following this success (70% stake exit to Dirlango in 2015 and remaining stake to Innova Capital in 2016), the team launched a series of Movens-branded SPVs with impressive outcomes:

– Movens Ventures 1: Invested in Packhelp (exit in 2019)
– Movens Ventures 2: Invested in Fenige (exit in 2023)
– Movens Ventures 3: Invested in Salad Story

In 2020, we launched our first institutional fund, Movens Fund 1, primarily focusing on pre-seed and seed-stage companies, with PFR Ventures as the institutional investor.

Two years later, we expanded our capabilities with Movens Growth Equity, investing at the Series A+ stage.

Now, with Movens Fund 2, we’re continuing our mission to be the go-to fund for the most ambitious founders from CEE, with the financial capacity to support them from pre-seed through Series A and beyond.

Can you lead my round?

Movens Capital’s journey began with a group of entrepreneurs, classmates at the Warsaw School of Economics, who collaborated on various xtracurricular projects and eventually executed their first joint transaction – the management buyout of Netsprint from Norwegian Edda Media in 2014.

Following this success (70% stake exit to Dirlango in 2015 and remaining stake to Innova Capital in 2016), the team launched a series of Movens-branded SPVs with impressive outcomes:

– Movens Ventures 1: Invested in Packhelp (exit in 2019)
– Movens Ventures 2: Invested in Fenige (exit in 2023)
– Movens Ventures 3: Invested in Salad Story

In 2020, we launched our first institutional fund, Movens Fund 1, primarily focusing on pre-seed and seed-stage companies, with PFR Ventures as the institutional investor.

Two years later, we expanded our capabilities with Movens Growth Equity, investing at the Series A+ stage.

Now, with Movens Fund 2, we’re continuing our mission to be the go-to fund for the most ambitious founders from CEE, with the financial capacity to support them from pre-seed through Series A and beyond.

How does your process look like?

Movens Capital’s journey began with a group of entrepreneurs, classmates at the Warsaw School of Economics, who collaborated on various xtracurricular projects and eventually executed their first joint transaction – the management buyout of Netsprint from Norwegian Edda Media in 2014.

Following this success (70% stake exit to Dirlango in 2015 and remaining stake to Innova Capital in 2016), the team launched a series of Movens-branded SPVs with impressive outcomes:

– Movens Ventures 1: Invested in Packhelp (exit in 2019)
– Movens Ventures 2: Invested in Fenige (exit in 2023)
– Movens Ventures 3: Invested in Salad Story

In 2020, we launched our first institutional fund, Movens Fund 1, primarily focusing on pre-seed and seed-stage companies, with PFR Ventures as the institutional investor.

Two years later, we expanded our capabilities with Movens Growth Equity, investing at the Series A+ stage.

Now, with Movens Fund 2, we’re continuing our mission to be the go-to fund for the most ambitious founders from CEE, with the financial capacity to support them from pre-seed through Series A and beyond.

Contact us

Your questions answered (FAQ):

What is the story of Movens?

Do you have a termsheet template?

How much do you invest?

Can you lead my round?

How does your process look like?

Contact us

What is the story of Movens?

Movens Capital’s journey began with a group of entrepreneurs, classmates at the Warsaw School of Economics, who collaborated on various xtracurricular projects and eventually executed their first joint transaction – the management buyout of Netsprint from Norwegian Edda Media in 2014.

Following this success (70% stake exit to Dirlango in 2015 and remaining stake to Innova Capital in 2016), the team launched a series of Movens-branded SPVs with impressive outcomes:

– Movens Ventures 1: Invested in Packhelp (exit in 2019)
– Movens Ventures 2: Invested in Fenige (exit in 2023)
– Movens Ventures 3: Invested in Salad Story

In 2020, we launched our first institutional fund, Movens Fund 1, primarily focusing on pre-seed and seed-stage companies, with PFR Ventures as the institutional investor.

Two years later, we expanded our capabilities with Movens Growth Equity, investing at the Series A+ stage.

Now, with Movens Fund 2, we’re continuing our mission to be the go-to fund for the most ambitious founders from CEE, with the financial capacity to support them from pre-seed through Series A and beyond.

Do you have a termsheet template?

Movens Capital’s journey began with a group of entrepreneurs, classmates at the Warsaw School of Economics, who collaborated on various xtracurricular projects and eventually executed their first joint transaction – the management buyout of Netsprint from Norwegian Edda Media in 2014.

Following this success (70% stake exit to Dirlango in 2015 and remaining stake to Innova Capital in 2016), the team launched a series of Movens-branded SPVs with impressive outcomes:

– Movens Ventures 1: Invested in Packhelp (exit in 2019)
– Movens Ventures 2: Invested in Fenige (exit in 2023)
– Movens Ventures 3: Invested in Salad Story

In 2020, we launched our first institutional fund, Movens Fund 1, primarily focusing on pre-seed and seed-stage companies, with PFR Ventures as the institutional investor.

Two years later, we expanded our capabilities with Movens Growth Equity, investing at the Series A+ stage.

Now, with Movens Fund 2, we’re continuing our mission to be the go-to fund for the most ambitious founders from CEE, with the financial capacity to support them from pre-seed through Series A and beyond.

How much do you invest?

Movens Capital’s journey began with a group of entrepreneurs, classmates at the Warsaw School of Economics, who collaborated on various xtracurricular projects and eventually executed their first joint transaction – the management buyout of Netsprint from Norwegian Edda Media in 2014.

Following this success (70% stake exit to Dirlango in 2015 and remaining stake to Innova Capital in 2016), the team launched a series of Movens-branded SPVs with impressive outcomes:

– Movens Ventures 1: Invested in Packhelp (exit in 2019)
– Movens Ventures 2: Invested in Fenige (exit in 2023)
– Movens Ventures 3: Invested in Salad Story

In 2020, we launched our first institutional fund, Movens Fund 1, primarily focusing on pre-seed and seed-stage companies, with PFR Ventures as the institutional investor.

Two years later, we expanded our capabilities with Movens Growth Equity, investing at the Series A+ stage.

Now, with Movens Fund 2, we’re continuing our mission to be the go-to fund for the most ambitious founders from CEE, with the financial capacity to support them from pre-seed through Series A and beyond.

Can you lead my round?

Movens Capital’s journey began with a group of entrepreneurs, classmates at the Warsaw School of Economics, who collaborated on various xtracurricular projects and eventually executed their first joint transaction – the management buyout of Netsprint from Norwegian Edda Media in 2014.

Following this success (70% stake exit to Dirlango in 2015 and remaining stake to Innova Capital in 2016), the team launched a series of Movens-branded SPVs with impressive outcomes:

– Movens Ventures 1: Invested in Packhelp (exit in 2019)
– Movens Ventures 2: Invested in Fenige (exit in 2023)
– Movens Ventures 3: Invested in Salad Story

In 2020, we launched our first institutional fund, Movens Fund 1, primarily focusing on pre-seed and seed-stage companies, with PFR Ventures as the institutional investor.

Two years later, we expanded our capabilities with Movens Growth Equity, investing at the Series A+ stage.

Now, with Movens Fund 2, we’re continuing our mission to be the go-to fund for the most ambitious founders from CEE, with the financial capacity to support them from pre-seed through Series A and beyond.

How does your process look like?

Movens Capital’s journey began with a group of entrepreneurs, classmates at the Warsaw School of Economics, who collaborated on various xtracurricular projects and eventually executed their first joint transaction – the management buyout of Netsprint from Norwegian Edda Media in 2014.

Following this success (70% stake exit to Dirlango in 2015 and remaining stake to Innova Capital in 2016), the team launched a series of Movens-branded SPVs with impressive outcomes:

– Movens Ventures 1: Invested in Packhelp (exit in 2019)
– Movens Ventures 2: Invested in Fenige (exit in 2023)
– Movens Ventures 3: Invested in Salad Story

In 2020, we launched our first institutional fund, Movens Fund 1, primarily focusing on pre-seed and seed-stage companies, with PFR Ventures as the institutional investor.

Two years later, we expanded our capabilities with Movens Growth Equity, investing at the Series A+ stage.

Now, with Movens Fund 2, we’re continuing our mission to be the go-to fund for the most ambitious founders from CEE, with the financial capacity to support them from pre-seed through Series A and beyond.

The latest from Movens

Movens Capital launches €60M fund to back CEE tech founders from pre-seed to Series A+

Backed by EBRD, PFR Ventures, and 40+ tech leaders from Central and Eastern Europe, the fund will target globally scalable tech companies from across the region.

The Launch-Pad for CEE Founders with Global Ambitions

How we invest

How we support founders

We’re here to help you grow

We’re here to help you grow

Your questions answered (FAQ):

What is the story of Movens?

Do you have a termsheet template?

How much do you invest?

Can you lead my round?

How does your process look like?

Your questions answered (FAQ):

The latest from Movens

Ready to scale globally? We are looking for:

Learn more how to become an investor in our €60M Fund 2 alongside EBRD, PFR Ventures and 80+ tech entrepreneurs and family offices backing CEE’s future champions.