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S20 Fund is a private venture capital fund that focuses on early-stage startups in Central Europe and the Baltics. Founded by a team of veterans from SpeedUp Venture Capital Group, S20 Fund emerged from stealth in 2025 after completing over 10 investments. The firm aims to support the growth of the local startup ecosystem by providing hands-on support and flexible capital, typically investing between €100,000 and €500,000 in pre-seed and seed-stage companies.
The fund's headquarters is located in Poland, and it has a strong emphasis on technology sectors, particularly fintech, SaaS, AI, and healthcare. S20 Fund seeks to achieve significant returns by targeting companies with rapid scaling potential. The team’s extensive experience and networks enable them to assist founders in navigating the challenges of early-stage growth.
S20 Fund invests primarily in pre-seed and seed-stage companies within the technology sector. Their investment strategy emphasizes backing tech-driven teams with global ambitions as well as execution-driven teams focused on local markets. The fund typically invests between €100,000 and €500,000, aiming to provide early-stage capital to high-agency founders in Central Europe and the Baltics.
In addition to capital, S20 Fund engages in strategic transactions and advisory services, including mergers and acquisitions, to enhance the growth potential of its portfolio companies. The firm looks for startups that demonstrate potential for rapid scaling and aims to be the first institutional believer in high-potential startups, providing hands-on support to help them navigate early-stage challenges.
S20 Fund has a diverse portfolio of 10 companies, primarily in the technology sector. Notable portfolio companies include:
These companies reflect S20 Fund's commitment to investing in innovative technology solutions that address real-world challenges.
Marcin Jan Fejfer - Managing Partner. Marcin has a strong background in early-stage investing, having previously worked at SpeedUp Venture Capital Group. He has led numerous investments in technology startups and has expertise in strategic growth.
Kuba Dudek - Managing Partner. Kuba brings extensive experience from SpeedUp Venture Capital Group, where he focused on supporting early-stage companies in the technology sector. His background includes a strong network in the CEE region.
Bartek Gola - Partner. Bartek has a solid track record in venture capital, with a focus on technology investments. His experience at SpeedUp Venture Capital Group has equipped him with the skills to identify high-potential startups.
To pitch S20 Fund, founders should visit their website at s20.team or email getintouch@s20.team. It is recommended to include a clear overview of the business model, market opportunity, and growth strategy in the pitch deck. Founders should expect a response within a few weeks, and warm introductions are preferred but not mandatory.
In 2025, S20 Fund emerged from stealth mode, announcing its focus on early-stage startups in Central Europe and the Baltics. The fund has completed over 10 investments, primarily in the technology sector, including notable companies like Paymove and Peec AI.
Recent updates on their website highlight their commitment to supporting innovative companies and facilitating strategic advisory services. S20 Fund is recognized among European VCs with fresh funds raised in H2 2025, indicating a strong position in the market.
What are S20 Fund's investment criteria?
S20 Fund focuses on pre-seed and seed-stage companies primarily in the technology sector, including fintech, SaaS, AI, and healthcare. They look for tech-driven teams with global ambitions as well as execution-driven teams focused on local markets.
How can startups apply or pitch to S20 Fund?
Startups can reach out to S20 Fund via their website at s20.team or email them directly at getintouch@s20.team. They encourage founders to present their business models and growth potential clearly.
What makes S20 Fund different from other venture capital firms?
S20 Fund emphasizes hands-on support and aims to be the first institutional believer in high-potential startups. Their team has extensive experience from SpeedUp Venture Capital Group, providing a strong network and strategic advisory services to portfolio companies.
What is the geographic scope of S20 Fund's investments?
S20 Fund primarily invests in startups located in Central Europe and the Baltics but is open to following founders internationally as they scale.
What is the typical check size for investments?
S20 Fund typically invests between €100,000 and €500,000 in each startup, depending on the specific needs and growth potential of the company.
What kind of post-investment involvement does S20 Fund have?
S20 Fund provides hands-on support to its portfolio companies, assisting with strategic advisory services and connections to further funding opportunities to help them navigate early-stage growth challenges.
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