2024 Sum-up: A year full of big news. What drove the events in the Czech startup ecosystem last year?

The past year 2024 was truly fruitful in major announcements. There is a third Czech Unicorn, we witnessed big invesmtnet rounds of million EUR and Ondrej Bartos made it to prestigious Midas List.

Remember all of them? Did we miss any other highlight? Let us know!

January

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

Better Stack launches infrastructure monitoring, becomes profitable, and raises $10M to grow

Better Stack raises an additional $10M in funding from a leading European early-stage investor KAYA.

Czech based Global Travel Platform Daytrip Closes $10M Series B Round

Daytrip, a global travel platform providing private door-to-door car transfers in over 110 countries worldwide, announces the closing of a Series B investment led by Taiwania Capital.

ZK crypto-tech startup Ingonyama secures $21M in seed funding, from Rockaway X and others

Israel-based zero-knowledge technology startup Ingonyama raised $21 million in seed funding. The company hosts open-source libraries for zk proof acceleration with a longer-term goal of creating zk-focused semiconductors.

FEBRuary

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

Ezra, an Innovator in Applying AI to MRI Scanning, raises $21 million to make Full Body MRIs more accessible

The latest investment brings Ezra’s total funding to $41 million, according to the vendor.

Czech healthtech Upheal secures $3.25M to streamline its clinical workflows

Prague-based healthtech startup Upheal has secured $3.25 million in a seed round led by KAYA VC, Credo Ventures, and Inovia Ventures.

Powerful Medical Secures €7.5M in Funding from EIC to Revolutionize Heart Attack Diagnostics with AI

Powerful Medical, a pioneering medical device manufacturer, proudly announces being selected to receive a €2.5 million grant and a follow-on €5 million investment from the European Innovation Council (EIC).

March

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

Czechia has a third unicorn: Mews raises €101.3M at €1.1B valuation to expand its cloud hospitality tech

Mews, a cloud-based property management system (PMS), announced that it has secured $110M (approximately €101.39M) in funding led by Kinnevik, with participation from Revaia, Goldman Sachs Asset Management, Notion Capital, and LGVP.

Czech fintech Flowpay, AI startup providing SME financing, raises €2.1M for expansion

Flowpay, a Czech fintech using predictive AI models, automation and Embedded Finance to help small and medium-sized enterprises (SMEs) access better operational funding, has raised €2,1 million in its seed round.

Czech Credo Ventures joins $12M seed round for US-based Picogrid

Picogrid, a US-based defense technology startup, has announced a $12 million seed round led by Initialized Capital. Giant Step Capital, Domino Ventures, Alumni Ventures, and the Czech VC fund Credo Ventures also participated.

APRIL

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

Czech ZAKA VC invests an undisclosed amount in US-based BioTech Lime Therapeutics

ZAKA VC has announced its latest investment in Lime Therapeutics. The fresh funds will help the startup to create a new class of lipid-targeting medicines to combat cancer, cardiometabolic diseases, and neurodegenerative disorders.

Success in the Computing Power Battle: Czech Investors Tensor Ventures and DEPO Ventures Celebrate

Czech investors Tensor Ventures and Depo Ventures are selling their stakes in the American-Israeli startup Neuronix AI, where the Tensor fund held the largest share.

Ukrainian-founded Czech startup Talsec raises €1M to protect mobile apps

Czech Talsec, a startup offering specialized tools for app developers that protect against hackers, secured its initial investment of €1M (25M CZK).

MAY

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

Tensor Ventures becomes the first VC Fund supported by the Czech Republic’s National Recovery Plan

The European Investment Fund has independently selected the investment company Tensor Ventures to manage the first venture capital fund financed by the Czech Republic's National Recovery Plan.

Czech Behavio raises €2.25M to democratize brand marketing

Behavio, a leader in behavioral brand measurement technology, has secured €2.25 million in late-seed funding from Amsterdam-based Airbridge Equity Partners.

DELTA GREEN SECURES €2,2 MILLION FROM TILIA IMPACT VENTURES, CREDO VENTURES AND PURPLE VENTURES

Delta Green announces the finalization of a significant investment totaling EUR 2,2 million in its energy tech startup.

JUNE

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

KAYA invests in Czech, Slovak, and Polish tech startups. They manage 300 million euros, have two unicorns, and are launching a fifth fund

KAYA are on the lookout for Czech, Slovak, and Polish entrepreneurs who see the future more clearly and are therefore primed to build successful companies.

Presto Ventures teams up with Michal Strnad’s CSG to invest €150 million in frontier technologies and security innovations

Venture capital firm Presto Ventures and Michal Strnad's industrial and technology group Czechoslovak Group (CSG) have launched an investment fund Presto Tech Horizons.

Purple Ventures 40 million Euro fund has launched. The first investments are aimed at smart energy and HR software

Purple Ventures 2, a venture capital fund aiming to invest 40 million EUR in early-stage startups over the next four years, is making its first investments.

JULY

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

Czech Startup Adam Raises €3M to Expand Beyond Europe and Launch New Trades

Adam, a Czech startup revolutionizing the way clients find reliable and available tradespeople, has secured €3 million in late-seed funding.

Unveiling ZAKA Fund I: 15M for bridging the US with the EU market

Operating from the vibrant startup ecosystems of Prague and London, ZAKA VC established its first fund sized EUR 15M and ready to support early-stage startups in US and EU.

Sophia-based BrightCap leads the Seed round in the Czech RoboszieME

The Bulgarian VC fund has led the seed investment round in RobosizeME, a Czech process automation specialist for the global hospitality industry in its first deal of a new Fund II.

AUGUST

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

Czech Sewio, backed by Y Soft Ventures and JIC, reports a successful exit

Sewio has been acquired by HID Global, the global leader in trusted identity solutions as well as in indoor location services.

Smart Parking & Ride Sharing platform Yedem disrupts the way people commute to work, raises € 500,000 EUR

One-passenger cars blocking the city traffic, hours spent on finding the spot on crowded parking lots around the office.

SEPTEMBER

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

Twisto founder joins Malcom Finance as it expands its financial solutions for SMEs in logistics across Europe

Michal Šmída becomes Non-Exec Director as Czech fintech records triple-digit YoY growth and €165 million in financing issued.

Czech-Slovak HR startup Sloneek secures €3.6M for European expansion

Can a global solution for an overheated labor market or decreasing company productivity emerge from Central Europe? Yes, it can.

Jet Investment Launches Venture Fund with €50 Million Target for Industrial B2B Start-ups in Central Europe; First Commitment to Czech Start-up PARTORY

Jet Investment, a leading Central European investment firm, has announced the launch of Jet Ventures, a new venture capital fund targeting €50 million

OCTOBER

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

CZECH TECH WEEK: Tech Happy Hours presented more than 40 experts and speakers, winning startup came from Taiwan

Startups from all over the world competed in Prague for the favor of the jury and investors. However, the TECH HAPPY HOURS event also attracted attention with a number of famous speakers and discussions.

Lithuanian Startup Traxlo Wins Regional Finals of the Startup World Cup in Prague – Aims for Silicon Valley and the $1 Million Grand Prize

The Startup World Cup regional finals have crowned a new champion. Lithuanian startup Traxlo, with its platform “Tasku.app”

Presto Tech Horizons Welcomes First Portfolio Investments and a New Partner, Lucie Bresova

The Presto Tech Horizons investment fund welcomes its first three portfolio companies

NOVEMBER

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

New Czech Startup Association is here to represent startups and investors in dialogue with politicians

The Czech Republic needs to significantly increase its support for startups and innovations. So far, however, it has not been possible to promote changes that would lead to this.

Mental Health Startup Upheal Secures €9.5M Series A

Upheal secures €9.5M to help reduce provider burnout and improve client outcomes with their AI-powered platform

Czech online grocer Rohlik valued at nearly $2 billion, document shows

Czech online grocer Rohlik Group's valuation has nearly doubled from three years ago to 1.85 billion euros ($1.95 billion), calculations from bond issue documents show.

DECEMBER

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

Simona Kijonková invests in a startup Elin.ai which uses AI to protect the mental health of young people

Entrepreneur Simona Kijonková has embarked on another of the smaller projects she is implementing after her multi-billion exit from Zásilkovna.

The bet on automation paid off. Ondřej Bartoš from Credo Ventures is in prestigious MIDAS LIST

Ondřej Bartoš, founder of Credo Ventures, became the first investor not only from the Czech Republic, but also from Central and Eastern Europe

Slovak Photoneo is acquired by NASDAQ Traded US Zebra Technologies, making it an exit for Credo Ventures or AVAST founders

Zebra Technologies to Acquire Photoneo, Expanding Its Portfolio of 3D Machine Vision Solutions.

Share the Post:

Related Posts

Enjoying the culinary show?

All this and much more, we do for you – our beloved startup community, for free. If you like what we do, join us on this culinary journey by supporting us on Buy Me a Coffee . Your contribution fuels our passion for fostering startup success.