Grouport Ventures

Grouport Ventures is a Prague-based micro venture capital fund and angel investment group founded in 2019 by Michal Ciffra, Petr Sima, and Jan Krahulík. The first fund manages 14 investments worth approximately 35 million CZK (around $1.5 million USD). Grouport focuses on early-stage startups in the Central and Eastern European tech ecosystem, with investment interest spanning AI, fintech, software, advertising technology, food technology, and IoT. Michal Ciffra serves as Managing Partner, with Sima and Krahulík as Partners. Grouport targets pre-seed and seed stage companies with modest check sizes, allowing investors to enter the startup ecosystem while maintaining other professional commitments. The model combines direct engaged involvement in the portfolio with access to a broader angel syndicate network. Portfolio companies include Augmented Robotics (entertainment and AR software, which raised €350K), Beem (multimedia and design software), and Oxus.AI (speech analytics and business productivity software). The fund is connected to the DEPO Ventures and DEPO Angels Network, a CEE-focused syndicate of more than 150 angel investors with over €100 million in investment participation across 150-plus startups. Grouport's investment philosophy centers on enabling experienced professionals to participate in the startup ecosystem collectively — combining their financial means and domain knowledge with a community of fellow angels. The fund focuses on progressive startups with scalable technology, providing portfolio companies not only capital but also access to a network of investors, potential customers, and strategic advisors embedded in the Central and Eastern European tech community.