VentureFriends

VentureFriends is an Athens-based venture capital firm that was founded in 2016 by Apostolos Apostolakis and George Dimopoulos. The firm focuses on seed and early-stage investments in sectors like fintech, proptech, SaaS, and consumer solutions. With offices in Athens, London, Barcelona, and Warsaw, VentureFriends targets startups across Europe and the Middle East, aiming to support ambitious entrepreneurs with bold ideas. VentureFriends has a track record of backing promising startups, including notable companies like Instashop, Belvo, and Blueground. They are known for their hands-on approach, often acting as an extension of the startups they support. Their typical initial investments range from €500,000 to €2.5 million, with follow-on investments that can go up to €10 million. This strategy allows them to stay deeply involved in the growth of their portfolio companies. The firm has raised multiple funds, with their most recent one closing at €90 million, enabling them to continue supporting innovation in regions like Latin America and MENA. They are highly regarded for their ability to guide startups through both the good times and the tough times, providing not just capital, but mentorship, strategic guidance, and access to their extensive network.