OTB Ventures unveils $100m fund for European tech investment

**[Watch the YouTube video](link-to-video)**

For the full article on this exciting tech investment opportunity in Europe, [visit City AM](https://www.cityam.com/otb-ventures-launches-100m-fund-for-tech-investment-in-europe/).

[OTB Ventures](authority-link) is making waves with the launch of its early growth technology fund, backed by a whopping $100 million in commitments. Specializing in investments in tech companies in Central and Eastern Europe, this investment vehicle is set to be the largest fund in the region with a long-term investment horizon of up to 10 years[^1^]. With a focus on early-stage, post-product startups, OTB Ventures aims to add a total of 16 promising companies to its portfolio by the end of 2022.

What sets OTB Ventures apart is its hefty investment per company, with a deployment of $15 million and a typical stake acquisition of 10-15%[^1^]. This strategy reflects their belief in the massive potential of talented engineers and IT specialists in Central and Eastern Europe. The fund aims to unlock this potential on a global scale, supporting innovative companies with up-and-running products and initial success in international markets[^1^].

The fund has already closed to new investors, having achieved its target fund size through backing from international institutional investors, including the European Investment Fund, and notable supporters like oil trader Greg Jankilevitch[^1^]. Alain Godard, CEO of the European Investment Fund, emphasizes their core objective of supporting highly innovative small businesses in Europe, particularly startups and scale-ups[^1^].

OTB Ventures has already made substantial investments in eight companies, including exciting players like artificial intelligence company Kosmos, FinTech OS, and i-say. These investments demonstrate the fund’s commitment to discovering and developing the next big breakthroughs in tech[^1^].

To stay up to date with the latest news and insights in the world of business, subscribe to City A.M.’s Midday Update newsletter, delivered directly to your inbox every lunchtime.

**Sources:**

[^1^]: [City AM – OTB Ventures launches $100m fund for tech investment in Europe](https://www.cityam.com/otb-ventures-launches-100m-fund-for-tech-investment-in-europe/)

Reported today on City AM

For the full article visit: https://www.cityam.com/otb-ventures-launches-100m-fund-for-tech-investment-in-europe/

OTB Ventures has announced the launch of its early growth technology fund with $100m in commitments. The investment vehicle, which specialises in investments in tech companies in Central and Eastern Europe.Read more: London’s fintechs are magnets for venture capital investmentIt focuses on early stage, post-product, start-ups in region and is targeting investment in a total of 16 companies to comprise its portfolio by the end of 2022. OTB Ventures is set to be the largest fund in Central and Eastern Europe with a long-term investment horizon of up to 10 years. In a statement the fund said it will deploy $15m per company and typically acquire a stake of 10-15 per cent in a given company. Sign up to City A.M.’s Midday Update newsletter, delivered to your inbox every lunchtimeMarcin Hejka, managing partner and co-founder, said: “Central and Eastern Europe is a cradle of  talented engineers and IT specialists, pioneering innovative companies.””We see a huge investment potential in these companies with up-and-running products and initial business traction in international markets. The purpose of our fund is to discover, develop and realise this potential on a global scale.”The fund is now closed to new investors with target fund size achieved through investment from international institutional investors, including the European Investment Fund, and backers including oil trader Greg Jankilevitch. Read more: Private wealth becomes main source of funding for European venture capitalAlain Godard, chief executive of the European Investment Fund, said: “Our core objective is to support highly innovative small businesses across Europe and in particular start-ups and companies at the scale-up stage of their development.” OTB Ventures has already invested in eight companies including