Fundraising Fox

SMOK Ventures

Venture capital

Warsaw · Pre-Seed–Seed · 10 people tracked

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Investment thesis

SMOK Ventures invests in early-stage technology companies across Central & Eastern Europe and the region's diaspora, writing checks of roughly EUR 100k to EUR 1M. The fund concentrates primarily on software development tools and artificial intelligence. It prefers to partner with serial entrepreneurs who hold a global vision and aim to build category leaders within their industries.

Invests inAI & Machine LearningDeveloper ToolsCzech RepublicEuropeHungaryPolandRomaniaSlovakiaUnited StatesWarsaw

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Seed
Check
$110K – $1.1M
HQ
Warsaw, PL
Leads rounds
Follows
Instruments
Equity
Founded
2019
AUM
$35M
Tracked investments
7

Team · 10 people

from the firm's website & public directories
Sonia Piorek· Venture Partnerin

What they invest in

from 3 of 7 portfolio companies

AI & Machine Learning ×2Enterprise Software ×2SaaS ×2Cybersecurity ×1Defense Tech ×1Developer Tools ×1E-commerce ×1Fintech ×1

HQs:European Union×1Poland×1

Investments · 7 tracked

founders shown can be your intro path
LETSDATAletsdata.netin✓ verified

LetsData develops Vantage, a platform for detecting coordinated disinformation and information operations by monitoring the infrastructure and machinery behind narratives rather than just keywords or content.

AI & Machine LearningCybersecurityDefense TechGovTech

Ksenia Iliuk(Co-founder)Andriy Kusyy(Co-founder)

Alokaialokai.comin𝕏

Alokai develops frontend software for ecommerce retailers to build fast, modern online storefronts using composable commerce and headless architecture.

AI & Machine LearningDeveloper ToolsE-commerceEnterprise SoftwareSaaSWarsaw, PL

Patrick Friday(Founder)inFilip Rakowski(Founder)inBart Roszkowski(Founder)in

PartnerBorys Musielak· led

Gemelogemelo.ai

Allows companies to create highly realistic digital twins—interactive AI personas of real people that look, sound, and think like them—to scale personalized customer interactions, training, and content creation.

MOS Health
Paypercutpaypercut.coin

Paypercut provides a single payment layer that lets online-first businesses accept and manage payments across multiple European markets through one setup instead of juggling several providers and contracts.

Enterprise SoftwareFintechSaaSUnknown, EU

Slickshiftslickshift.ai

An AI-powered fleet management and dispatching platform that automates communication and route monitoring for the logistics industry.

PartnerBorys Musielak· led

Spacer Robotics

Frequently asked questions

What stage does SMOK Ventures invest at?
SMOK Ventures invests at the Pre-Seed, Seed stages.
What is SMOK Ventures's typical check size?
SMOK Ventures typically writes checks of $110K – $1.1M.
What sectors does SMOK Ventures focus on?
SMOK Ventures focuses on AI & Machine Learning, Developer Tools.
Where is SMOK Ventures located?
SMOK Ventures is headquartered in Warsaw, PL.
Does SMOK Ventures lead rounds?
SMOK Ventures typically participates in rounds rather than leading them.

Media · Podcasts & interviews

featuring the team

What do VCs want? Interview with Borys Musielak (SMOK Ventures)

VCLeaders · Borys Musielak

Diana Koziarska - SMOK Ventures

Polski Fundusz Rozwoju · Diana Koziarska

Jak zdobyć inwestorów i rozwijać startup? | Gość: Borys Musielak, SMOK Ventures | Wyżyna Krzemowa #3

XYZ · Borys Musielak

Equity Story - Interview with Borys Musielak [SMOK Ventures]

Reach4 TV · Borys Musielak

Borys Musielak SMOK Ventures O inwestowaniu w startupy i fundusze

Escola Mobile & Web apps powered by AI · Borys Musielak

Borys Musielak-inspirujący ludzie dają mi energię do działania-SMOK Ventures

Zaprojektuj Swoje Życie · Borys Musielak

Images

SMOK Ventures photoSMOK Ventures photoSMOK Ventures photoSMOK Ventures photoSMOK Ventures photoSMOK Ventures photo

Co-investors · 5

Flint Capital

Flint Capital invests in early-stage companies across the United States, Israel, and Europe. The firm provides growth capital and facilitates market entry for portfolio companies into the US market.

$50K – $10M
Market One Capital

Market One Capital (MOC) is a European venture capital firm that backs marketplace and platform startups.

$216K – $2.2M
Peak

Peak is an early-stage venture fund founded and run by entrepreneurs, backing extraordinary teams across Europe. It focuses on SaaS, marketplaces, and platforms.

$275K – $4.4M
Presto Ventures

Presto Ventures is a venture capital firm investing in security, defense, and aerospace technologies, including dual-use software and hardware solutions, backing fast-growing tech companies across NATO countries, allies, and Israel.

$550K – $5.5M
Supercharge Capital

A private equity fund focused on enabling founders to accelerate growth of technological companies through aligned interests, flexible funding terms, and operational expertise. The firm prioritizes sustainable business building and generating positive economic impact rather than cost-cutting.

$4.4M – $11M

Firms observed investing alongside SMOK Ventures, from public investor directories. Shared companies are the overlap with SMOK Ventures's recorded portfolio.

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