We are Entrepreneurs and Angel investors turned into Venture Capitalists

We are Entrepreneurs and Angel investors turned into Venture Capitalists

Our Story

2011

Apostolos co-founds e-food and Doctoranytime. George joins forces with Apostolos into investing as angel investor in Beat (acquired in 2017 by Daimler).

2016

After 5 years of entrepreneurial and angel investing activity and some successful exits, VF1 a €20M euro fund is born to back ambitious teams and help them build international market leaders.

2018

VF2 is launched with a size of €50M building on the traction and valuable learnings gained from VF1

2021

VF3 launched its latest €100M fund, building on its quest to become a strong European Seed stage investor.

We support ambitious founders
throughout their journey

We support ambitious founders
throughout their journey

Apostolos, a serial entrepreneur who co-founded e-shop, e-food, and doctoranytime, turned into an angel investor and along with George, invested in Beat in 2011. After a couple of notable exits (e-food acquired by Delivery Hero and Beat (currently Freenow) acquired by Daimler), Apostolos and George identified the gap in seed funding in Greece and launched VF1.

VentureFriends was born during the tough times of the Greek crisis with the mission to back ambitious tech entrepreneurs. We have supported some inspiring teams out of Greece and over the years, expanded our coverage to Europe with offices in London, Warsaw & Barcelona.

We want to be among the first institutional partners to stellar founding teams across Europe and join their journey to build the next global leaders in their sectors. We know that it a long and hilly ride, and we will do everything we can to be there and support.


Why us

We have been there, we understand what it takes & we view founders as partners.

We work with our founders and utilise our network in their favour

Investment Focus

We are an early stage investor investing in Pre-Seed & Seed startups.

We are attracted to scalable B2C and B2B businesses that address large markets and can develop a strong moat over time. Marketplaces are in our DNA, but we also love SaaS models, while in terms of verticals we have a sweet spot for FinTech and PropTech among others.

Supported by InnovFin Equity, with the financial backing of the European Union under Horizon 2020 Financial Instruments and the European Fund for Strategic Investments (EFSI) set up under the Investment Plan for Europe. The purpose of EFSI is to help support financing and implementing productive investments in the European Union and to ensure increased access to financing.

Attention! This investment falls outside AFM supervision. No licence and no prospectus required for this activity!

Supported by InnovFin Equity, with the financial backing of the European Union under Horizon 2020 Financial Instruments and the European Fund for Strategic Investments (EFSI) set up under the Investment Plan for Europe. The purpose of EFSI is to help support financing and implementing productive investments in the European Union and to ensure increased access to financing.

Attention! This investment falls outside AFM supervision. No licence and no prospectus required for this activity!

Supported by InnovFin Equity, with the financial backing of the European Union under Horizon 2020 Financial Instruments and the European Fund for Strategic Investments (EFSI) set up under the Investment Plan for Europe. The purpose of EFSI is to help support financing and implementing productive investments in the European Union and to ensure increased access to financing.

Attention! This investment falls outside AFM supervision. No licence and no prospectus required for this activity!