Prague-based venture capital firm KAYA has successfully raised nearly €70 million for its fifth fund, aimed at supporting early-stage startups across Central and Eastern Europe (CEE). The announcement, made on June 25, 2025, marks a significant milestone for the firm, which has already backed over 45 startups and produced two unicorns in its portfolio.
KAYA’s latest fund will focus on investing in up to 25 promising startups, ranging from pre-seed to Series A stages. The firm is committed to fostering innovation in the CEE region, targeting countries such as Slovakia, Poland, the Czech Republic, and beyond, with an eye on startups poised for global leadership.
With €300 million in assets under management, KAYA has established itself as a quiet yet powerful force in the European startup ecosystem. The firm’s strategy emphasizes supporting founders with not just capital, but also strategic guidance to help them scale internationally.
This new fund underscores KAYA’s belief in the untapped potential of the CEE region, which is increasingly becoming a hub for tech talent and innovation. The firm highlights the region’s strong universities, engineering talent, and growing entrepreneurial spirit as key drivers for creating global success stories.
KAYA’s investment approach has already yielded impressive results, and this latest fundraising effort is expected to further solidify its position as a leading early-stage investor in Europe. Founders in the CEE region now have a renewed opportunity to access the resources needed to transform their visions into reality.
As the startup landscape in Central and Eastern Europe continues to evolve, KAYA remains dedicated to bridging the gap between local innovation and global markets. This €70 million fund is a testament to the firm’s ongoing mission to empower the next generation of European entrepreneurs.
Alfred Lee
