Discover if this is a suitable investor for your startup. If they are we'll make a warm introduction for free. Otherwise, we'll connect you with matching investors.
Metavallon VC is a venture capital fund founded to invest in early-stage technology startups with strong connections to Greece. Established in Greece, the fund focuses on providing initial investments ranging from €200K to €400K at the pre-seed stage, and up to €1.5M at the Seed and Seed+ stages. The firm aims to enhance the local tech ecosystem by supporting startups that can establish R&D operations in Greece.
Currently, Metavallon VC manages assets under management (AUM) exceeding €70M and has invested in a total of 54 companies. The fund has launched the Brain Gain Fund, a €5M initiative aimed at reversing the brain drain in Greece by fostering local talent and innovation. This fund specifically targets deep-tech startups committed to building R&D teams in the region.
Metavallon VC has established itself as a key player in Greece's venture capital landscape, recognized for its role in supporting the growth of technology startups and contributing to the local economy. The firm operates primarily in Greece but also supports startups from Greek universities and abroad.
Metavallon VC invests in early-stage technology startups across a diverse range of sectors, including AI, fintech, healthcare, biotech, energy, climate, mobility, commerce, and IoT. The fund primarily targets pre-seed investments ranging from €200K to €400K and extends up to €1.5M at the Seed and Seed+ stages. This investment strategy emphasizes deep-tech and B2B sectors, aiming to leverage Greece's talent pool and contribute to the local economy.
The firm actively seeks startups that can establish R&D teams in Greece, thereby reversing the brain drain that has affected the region. Metavallon VC's investment thesis focuses on supporting companies that demonstrate potential for significant growth and innovation. The fund's hands-on approach includes providing not only financial support but also strategic guidance and access to a broad network of industry contacts.
Metavallon VC's portfolio includes a diverse array of companies, showcasing its commitment to various sectors. Notable portfolio companies include:
Additionally, the fund has achieved notable exits with companies such as Think Silicon, acquired by Applied Materials, Seervision, acquired by Q-SYS, and Purposeful Data, acquired by PharOS. This demonstrates Metavallon VC's ability to identify and support high-potential startups.
Myrto Papathanou - Partner. Myrto has extensive experience in venture capital and has been instrumental in identifying high-potential startups within the fund's focus areas.
Yorgos Mousmoulas - Partner. Yorgos brings a wealth of knowledge in technology investments and has a strong track record of supporting startups in their growth journeys.
George Karantonis - Partner. George specializes in deep-tech investments and has played a key role in shaping the fund's investment strategy.
Demetris Iacovides - Partner, Brain Gain Fund. Demetris leads the Brain Gain Fund, focusing on reversing the brain drain in Greece and supporting diaspora founders.
Angelos Manglis - Venture Partner. Angelos has a background in entrepreneurship and provides valuable insights to portfolio companies.
Konstantinos Karvounakis - Principal. Konstantinos is involved in deal sourcing and due diligence, contributing to the fund's investment decisions.
Nancy Asimakopoulou - Analyst. Nancy supports the investment team with research and analysis of potential investments.
Henry Umunnakwe - Platform and Ecosystem Lead. Henry focuses on building relationships within the startup ecosystem to enhance portfolio support.
George Kroustalakis - Analyst. George assists in evaluating investment opportunities and conducting market research.
To pitch Metavallon VC, startups should use the submission form available on their website. The pitch deck should include a clear overview of the business model, market opportunity, and plans for establishing R&D operations in Greece. Founders should expect a response within a few weeks, and warm introductions are preferred but not mandatory.
In January 2026, Metavallon VC launched the Brain Gain Fund, a €5M initiative aimed at fostering talent and innovation in Greece. This fund specifically targets deep-tech startups committed to building R&D teams in the region.
As of March 2026, Metavallon VC has made a total of 54 investments, significantly increasing its portfolio size. The firm is currently deploying capital through Fund II, which offers investment tickets ranging from €0.5M to €1.5M at the Seed and Seed+ stages.
Recent reports indicate that portfolio companies have successfully completed 15 follow-on rounds, raising over €100M from Tier I investors, showcasing the fund's strong follow-on network and reputation in the market.
What are Metavallon VC's investment criteria?
Metavallon VC focuses on early-stage technology startups with strong ties to Greece. The fund invests in sectors such as AI, fintech, healthcare, and deep-tech, targeting companies that can establish R&D teams in Greece.
How can startups apply or pitch to Metavallon VC?
Startups can submit their pitches through the submission form available on Metavallon VC's website. Specific email addresses for inquiries are not listed, but the firm encourages direct applications through their online platform.
What makes Metavallon VC different from other venture capital firms?
Metavallon VC emphasizes hands-on support and strategic guidance for its portfolio companies. The fund leverages its extensive network to facilitate follow-on funding and partnerships, helping startups navigate growth challenges effectively.
What is the geographic scope of Metavallon VC's investments?
The firm primarily operates in Greece but also supports startups from Greek universities and those founded abroad, as long as they have a strong connection to Greece.
What is the typical fund size and check size for investments?
Metavallon VC manages assets exceeding €70M, with check sizes ranging from €200K to €1.5M, depending on the stage of investment.
What is Metavallon VC's post-investment involvement like?
The firm provides ongoing support to its portfolio companies, including mentorship, operational assistance, and access to a network of industry contacts, which enhances their growth potential.
All trademarks, logos and brand names are the property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, trademarks, and brands does not imply endorsement.