Apostolos co-founds e-food and Doctoranytime. George joins forces with Apostolos into investing as angel investor in Beat (acquired in 2017 by Daimler).
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.
VF2 is launched with a size of €50M building on the traction and valuable learnings gained from VF1.
VF3 launched its latest €100M fund, building on its quest to become a strong European Seed stage investor.
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 and Warsaw. 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.
We are proud of our name which was actually suggested by one of our founders. We are founder first investors, getting our hands dirty from day one and we are next to you in the good and the bad times. All startups will get through tough times and you need to think twice who you would have next to you. Ask our founders 😉
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!