Warsaw · Pre-Seed–Seed · 9 people tracked
Find your way into SMOK Ventures
1,071 people in our graph share verified history with the SMOK Ventures team — schools, employers, funds. One of them is your warm intro.
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.
Source: firm website, verified Aug 3, 2026.
Team · 9 people
from the firm's website & public directories
Founder mafia
2 people who came through SMOK Ventures went on to found or lead other companies.
What they invest in
from 15 of 22 portfolio companiesSaaS ×10AI & Machine Learning ×7E-commerce ×4Enterprise Software ×4Cloud Computing ×2Developer Tools ×2Future of Work ×2Healthtech ×2
HQs:Poland×4Netherlands×2European Union×1United States×1
Investments · showing 16 of 22
founders shown can be your intro pathBy year:2026 · 22023 · 12022 · 32021 · 39 dated
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)inAndriy Kusyy(Co-founder)in
Co-investors1991 VenturesStartup Wise GuysTilia Impact VenturesWayraTilia Impact Partners
Peak is a venture capital firm investing in early-stage software companies in the Benelux and DACH regions, with a focus on B2B SaaS, AI, EdTech, and the future of work.
E-commerceEnterprise SoftwareMarketplacesSaaSAmsterdam, NL
Johan van MilHeleen Dura – van OordLeszek Zawadzki(Co-founder & CEO)Alina Prelicz(Co-founder & COO)Paweł Tatarczuk(Co-founder & CTO)Stefan Bary(General Partner)in
Co-investorsFJ LabsLakestarMarket One Capitalbacktrace capitalWave VenturesPembroke VCT+1 more
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
Co-investorsFELIX CAPITALSquareOneY CombinatorCreandumMovens Capital
Alokai provides a composable commerce platform with pre-built storefront components, AI-driven personalization, and cloud infrastructure for e-commerce businesses.
AI & Machine LearningCloud ComputingDeveloper ToolsE-commerceEnterprise SoftwareRetail TechSaaSSan Francisco, US
Patrick Friday(Founder)in
Co-investorsMovens CapitalSAV (Scale Asia Ventures)FELIX CAPITAL
Bitskout provides a no-code platform for building AI plugins that extract data from documents, images, and emails—such as invoices, purchase orders, CVs, and bank statements—using templates or custom examples.
AI & Machine LearningFuture of WorkSaaS
Alexey Zelenkin(Founder)in
Co-investorsOctopus Ventures
Exit Plan Games is an independent video game development studio founded by veterans of major AAA titles, creating original games with accessible gameplay mechanics.
Gaming
Damien Monnier(Co-Founder/Design Director)inJose Teixeira(Co-Founder/Art Director)in
Co-investorsSisu Game VenturesTencent Holdings
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.
Paul Jaski(Founder)in
Co-investorsMEDINA VENTURESYAR Ventures
Juo provides a toolkit for launching and managing subscription models for physical products, including a frontend editor, workflow builder, and APIs/SDKs.
E-commerceRetail TechSaaS
Co-investorsFJ LabsLakestarMarket One CapitalKogito VenturesBADideas.fund
Masthead provides cost optimization and data observability tools for Google BigQuery, enabling data teams to monitor pipelines, detect anomalies, and reduce spending across their data infrastructure.
Cloud ComputingData & InfrastructureSaaS
Co-investorsDEPO VenturesFocal VenturesFocal
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 SoftwareFintechSaaS
Gareth Walsh(Founder)inStoil Vasilev(Founder)in
Co-investorsRobin CapitalAraya VenturesConcentricMain SetPassion CapitalPortfolio Ventures
Finnish cloud-native game studio building instant-access, cross-device games playable in browsers and on smart TVs.
Co-investorsBitkraft Esports VenturesSamsung NextSisu Game VenturesvgamesBITKRAFT Ventures
Shen AI provides AI-powered health monitoring technology that uses face-scan analysis to detect vital signs and health metrics from smartphones and connected devices.
AI & Machine LearningDigital HealthHealthtechInsurTech
Co-investorsSuperhero CapitalTilia Impact VenturesVerge HealthTech FundTilia Impact Partners
SlickShift offers Slick AI, an AI dispatcher for road freight and trucking companies that monitors fleets, handles orders, tracks routes, verifies transport documents (CMR, Lieferschein), enforces procedures, and automates back-office administration.
AI & Machine LearningLogistics & Supply ChainMobility & Transportation
PartnerBorys Musielak· led
Spacer Robotics builds autonomous AI robots for construction, starting with GRID, a mobile robot that automates rebar tying on commercial job sites using computer vision and self-navigation.
AI & Machine LearningConstruction TechRobotics
Lesya Hendrix(Founder and CEO)inNatalia Krasnova(CTO)in
Co-investorsLongHash Ventures
Stepapp is an online booking platform and mobile app for professional home and office cleaning services delivered by vetted, trained and insured cleaners in Poland.
ConsumerMarketplacesSaaSWarsaw, PL
Jakub Mocarski(Founder)in
Co-investorsCOBIN Angels
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
MOS Health
Portfolio news
latest coverage across their companies
Peak · artemis.bm · Sep 8, 2026
Alokai · tamradar.com · Apr 13, 2026
Slickshift · founderspond.com · Feb 2, 2026
Juo · finsmes.com · Nov 27, 2025
Spacer Robotics · paulinaszyzdek.substack.com · Sep 22, 2025
Frequently asked questions
- How many investments has SMOK Ventures made?
- SMOK Ventures has 22 tracked investments, including 8 dated in the last 24 months.
- 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.
- Who does SMOK Ventures co-invest with?
- SMOK Ventures most often shares deals with LongHash Ventures, MEDINA VENTURES, Robin Capital, among 4 tracked co-investors.
Media · Podcasts & interviews
featuring the teamWhat 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
Co-investors · 5
Market One Capital (MOC) is a European venture capital firm that backs marketplace and platform startups.
Peak is an early-stage venture fund founded and run by entrepreneurs, backing extraordinary teams across Europe. It focuses on SaaS, marketplaces, and platforms.
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.
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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.
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.
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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