Formative fund wants to invest EUR 100 mln in Polish startups
The Polish investment fund Formative intends to invest EUR 100 million over three years in the development of Polish startups, the fund said in a press release.
As stated, Pawel Dobosz, founder and former CEO of Internet Union, one of the Lower Silesian telecommunications operators, is behind the project.
Formative intends to support financially and substantively both startups at the seed and early stage, as well as companies at the scaling stage.
Investment tickets will range from PLN 1 million (EUR 233,590) to PLN 9 million (EUR 2.1 mln), depending on the development stage of the company in question.
pel/ han/