Kogito Ventures

Kogito Ventures is a Warsaw-based generalist venture capital firm founded in 2016, investing in early-stage startups with a Polish nexus. The firm began as an advisory business, pivoted to building angel syndicates — scoring an early 34x return in the process — and subsequently launched its first institutional fund under the Polish Development Fund (PFR) Biznest programme. Fund I (2019) was a PLN 30 million vehicle that invested 50/50 with business angels across 18 startups. Fund II, Kogito Ventures Starter (2025), is a commitment-based PLN 82 million fund under the PFR Starter programme with 30-plus LPs, approximately half of whom are angels from the firm's own network. Partners Lukasz Obuchowicz, Wojciech Niesyto, and Tomasz Bolek lead the team. Kogito leads rounds at the pre-seed and seed stages, with initial tickets ranging from PLN 0.5 million to PLN 3 million (approximately $125,000 to $750,000), with half the fund reserved for follow-on investments of up to PLN 5 million per company. The firm has made 27 investments across software, SaaS, e-commerce, fintech, healthtech, and proptech. Named portfolio companies include Jutro Medical, Simpl.rent, Surveily, ZEME, Weartech, Juo, SQAR Plan, SonarHome, Linker, BinderLess, and cWatch. One exit has been recorded: PsiBufet was acquired by Butternut Box in April 2023. Companies can be domiciled in the EEA or UK. Kogito distinguishes itself through a network of five Venture Partners who are successful founders themselves: Adam Janczewski (Jutro Medical), Piotr Pajda (Simpl.rent), Piotr Smolen (Symmetrical.ai), Piotr Wawrysiuk (PsiBufet.pl), and Wojciech Sadowski (Packhelp). This founder-to-founder model gives portfolio companies direct access to operational experience at each stage of scaling.