Announcements

Czech VC firm Orbit Capital raises Growth Debt Fund II to €107 million

by
Jakob Ulrych
July 2, 2026
Prague-based VC firm Orbit Capital announces the second closing of Growth Debt Fund II at €107 million, surpassing its initial target and reinforcing its position as a main venture debt platform in CEE.

Anchor LPs in the fund include the European Investment Fund (EIF), Rentea, Česká spořitelna/Erste, and Conseq. It also includes an allocation from PFR Ventures. To date, the firm has supported over 20 companies through its growth capital, as CzechCrunch reported.

“As companies mature, they need smart and flexible financing that preserves equity. We provide the strategic runway they need to scale efficiently.”

Orbit Capital’s €107 million second close comes against a 2026 funding backdrop in which specialist capital providers, venture funds and debt-linked financing platforms have continued to raise capital across Europe.

Founded in 2019, Orbit Capital is a growth-stage investor managing over €200 million in AUM through venture debt and growth equity vehicles. The firm has a primary focus on technology leaders in CEE, while remaining actively engaged in opportunities across the DACH region and broader European markets.

“At growth stages, access to debt financing can significantly accelerate expansion while limiting dilution for founders. Orbit Capital’s track record and deep understanding of the regional technology ecosystem make them a strong partner in supporting the next generation of CEE technology leaders.”

Founded in 2019, Orbit Capital is a growth-stage investor managing over €200 million in AUM through venture debt and growth equity vehicles. The firm has a primary focus on technology leaders in CEE, while remaining actively engaged in opportunities across the DACH region and broader European markets.

Fund II targets post-Series A technology companies with at least €3 million in revenue and minimum 30% YoY growth. With tickets ranging from €3 million to €15 million, the capital supports international expansion, acquisitions, working capital, and capital expenditures.

The fund has already begun deploying capital, with 5 investments so far, including Czech startups Sloneek and IAG, as well as Polish startup Talkin’ Things.

“We decided to invest as there are few players in the CEE who are as experienced as Orbit in venture debt. Apart from that, we see potential in venture debt as a financial​ product as the role of startups and scale-up will growth in all CEE economies.

Other Orbit Capital portfolio companies include category leaders and unicorns such as Preply, Booksy, MEWS, Rohlik, CloudTalk, ThreatMark, Boataround, and Jutro Medical.

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