The CEE region is seeing a record-breaking boom in venture capital financing in recent years and has become a hotspot for VC firms wanting to invest in fast-growing tech companies in the region. The year 2021 was no exception for the venture capital sector, with the CEE market seeing outstanding growth in venture capital investments. In 2021, CEE businesses have raised over €5.4 billion in VC capital across over 1000 rounds.

Since the data only includes publicly stated rounds, the true amount of financing in Central and Eastern Europe is much higher. Compared with the previous year, 2020, where companies raised over €2.2 billion in over 1200 rounds, the total amount of investments almost tripled, while the average round size roughly doubled.

Source: vestbee.com