bValue VC

bValue Venture Capital is a Warsaw-based venture capital firm founded in 2016 by Dariusz Żuk, Maciej Balsewicz, Mariusz Turski, and Rafał Brzoska — the last of whom is the founder of InPost, the Polish parcel locker giant. The firm operates two funds: an early-stage fund investing 0.5 to 2 million PLN in industry 4.0 and e-commerce innovation across Central and Eastern Europe, and the bValue Growth Fund, which raised €72 million for later-stage investments. The firm leads rounds and has made 25 investments across SaaS, e-commerce, AI, cybersecurity, and software. Notable portfolio companies include Tidio (AI chatbot platform, scaled globally), Spin.ai (cybersecurity for SaaS applications), Senuto (SEO and content intelligence platform), CallPage, Fudo Security, and Solidstudio. Exit highlights include Wellbee (digital mental health platform, majority stake acquired by Benefit Systems in late 2024, with bValue retaining a minority position). The firm is filling a gap for later-stage institutional capital in CEE as international VCs increasingly target the region's top-tier startups. bValue's founding team combination — serial entrepreneurs alongside an operator of InPost's scale — gives portfolio companies access to distribution relationships, corporate partnership pathways, and operational know-how in the Polish and broader Central European market. The dual-fund structure allows bValue to back companies from inception through growth, maintaining continuity across the funding lifecycle.