/Investor DB

HC NCBR FUND

Government fund

Warszawa · Seed–Growth

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Investment thesis

The fund specializes in co-investing in Polish small and medium-sized enterprises (SMEs) that are in a growth or expansion phase and are commercializing the results of research, development, and innovation (R&D&I) work. It operates as a co-investment vehicle supporting the development and expansion of Polish companies, with an investment budget of 700 million PLN and individual transaction sizes ranging from 3 million PLN to 15 million EUR.

Source: firm website, verified Oct 2, 2026.

Stage
Seed–Growth
Check
$750K – $16M
HQ
Warszawa, PL
Instruments
Equity
Tracked investments
1
Unicorns
1
IPOs
1

What they invest in

from 1 of 1 portfolio companies

AgTech ×1AI & Machine Learning ×1Biotech ×1Deep Tech ×1Healthtech ×1Robotics ×1

HQs:United States×1

Investments · 1 tracked

founders shown can be your intro path
Ginkgo Bioworksginkgo.bioin𝕏NYSE: DNASeed

Ginkgo Bioworks builds autonomous labs that accelerate bioengineering for applications in pharmaceutical, agricultural, and industrial biotechnology.

AgTechAI & Machine LearningBiotechDeep TechHealthtechRoboticsBoston, US

Jason Kelly(Founder)inReshma Shetty(Founder)inBarry Canton(Founder)inAustin Che(Founder)inTom Knight(Founder)inBartholomew Canton(Executive Officer)

Co-investors11.2 CapitalAllen Institute for AI (AI2) IncubatorAzure Capital PartnersB3 HoldingBlue Owl CapitalCannage Capital+60 more

Exits · 1

1 IPOs

Ginkgo BioworksNYSE: DNA

Frequently asked questions

What stage does HC NCBR FUND invest at?
HC NCBR FUND invests at the Seed, Growth stages.
What is HC NCBR FUND's typical check size?
HC NCBR FUND typically writes checks of $750K – $16M.
What sectors does HC NCBR FUND focus on?
HC NCBR FUND focuses on Deep Tech, Healthtech.
Where is HC NCBR FUND located?
HC NCBR FUND is headquartered in Warszawa, PL.

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