TDJ Pitango Ventures

TDJ Pitango Ventures is a Polish-Israeli, technology-focused venture capital fund founded in 2017 and based in Warsaw, Poland. It is a joint venture between TDJ, a Polish family-owned industrial group active in equity, venture, real estate, finance and philanthropy whose portfolio includes Warsaw-listed companies FAMUR, Zamet and PGO, and Pitango, Israel's largest venture capital fund, with around $2 billion under management, operating since 1993 with more than 200 investments and over 80 exits. The fund was also created with support from Poland's National Center for Research and Development. Investing on a 'smart money' formula, TDJ Pitango concentrates on early and growth phases, deploying $1M to $5M per round into startups with strong technology operating in large or fast-growing markets, and targets sectors including big data and analytics, artificial intelligence, machine learning, medical devices and digital health, software, mobile technology, media and IoT. It is founder-friendly, takes minority stakes and prefers to co-invest with other value-add investors, supporting portfolio companies with network access, senior talent, fundraising help and exit support. The fund is led by Managing Partners Wojciech Fedorowicz and Daniel Star. Across roughly 10 portfolio companies, including Tylko (custom furniture, into which it invested nearly 15M PLN), Cosmose AI (approaching Polish-unicorn status at a roughly $500M valuation), Neptune, StethoMe, CallPage, GG Predict, Syntoil, Vocaly and SmartDust, it has made about five seed investments and two Series A investments. Its most recent tracked investment was in Visby Medical in June 2025. The fund bridges Polish industrial heritage and Israeli venture expertise.