VentureFriends
Venture capitalAthens · Pre-Seed–Seed · 12 people tracked
Investment thesis
VentureFriends grew out of the entrepreneurial and angel investing activity of its founders, who were involved in companies such as e-shop, e-food, Doctoranytime, and Beat. After several successful exits, the team formalized its investing through a series of funds, starting with the €20M VF1, followed by the €50M VF2, the €100M VF3, and VF4. The firm focuses on pre-seed and early-stage investments and aims to be a prominent pan-European investor, backing ambitious teams building international market leaders.
Source: firm website, verified Aug 3, 2026.
Team · 12 people
from the firm's website & public directoriesWhat they invest in
from 6 of 15 portfolio companiesFintech ×3AI & Machine Learning ×2B2B Marketplaces ×2SaaS ×2Cleantech ×1Climate Tech ×1Consumer ×1Data & Infrastructure ×1
HQs:Finland×2United Arab Emirates×1Brazil×1United Kingdom×1
Investments · 15 tracked
founders shown can be your intro pathCheshire
Kevin Ryan(Director)Apostolos Apostolakis(Director)Charles Young(Director)Nikolaos Kalliagkopoulos(Director)Alexandros Chatzieleftheriou(Director)
Board seatApostolos Apostolakis· per SEC Form D · $50M raise · filed Jan 2020
Capalo AI develops AI-powered software to optimize energy storage systems, lower price volatility, and reduce carbon emissions.
AI & Machine LearningCleantechClimate TechEnergyHelsinki, FI
Henri Taskinen(Co-Founder & Chief Executive Officer)inRiku Kukkonen(Co-Founder & Chief Sales Officer)inEerik Jauhiainen(Co-Founder & Chief Technology Officer)inTeemu Lappalainen(Co-Founder & Development Director)in
HarborLab is an AI-powered platform that manages disbursement account costs for maritime port calls, providing visibility and control to DA teams, vessel operators, and commercial traders.
AI & Machine LearningEnterprise SoftwareLogistics & Supply ChainSaaS
Measurlabs provides accredited laboratory testing services for R&D, quality control, and regulatory compliance across polymers, packaging, food, medical devices, pharmaceuticals, semiconductors, and construction materials.
Data & InfrastructureDeep TechMedical DevicesNew MaterialsHelsinki, FI
Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.
Frequently asked questions
- What stage does VentureFriends invest at?
- VentureFriends invests at the Pre-Seed, Seed stages.
- What is VentureFriends's typical check size?
- VentureFriends typically writes checks of $500K – $2.5M.
- What sectors does VentureFriends focus on?
- VentureFriends focuses on Sector Agnostic.
- Where is VentureFriends located?
- VentureFriends is headquartered in Athens, GR.
- Does VentureFriends lead rounds?
- VentureFriends typically participates in rounds rather than leading them.
Media · Podcasts & interviews
featuring the teamAirbnb is a channel not a competitor for Blueground - Apostolos Apostolakis, VentureFriends
EUVC · Apostolos Apostolakis
VentureFriends meeting Blueground founders - Apostolos Apostolakis, VentureFriends
EUVC · Apostolos
Journey of Blueground to become a unicorn - Apostolos Apostolakis, VentureFriends
EUVC · Apostolos
It was love at the first sight - Apostolos Apostolakis, VentureFriends
EUVC · Apostolos Apostolakis
VentureFriends' Apostolos Apostolakis on Blueground's journey - early investments to aglobal unicorn
The European VC · Apostolos
#95 Apostolos Apostolakis, VentureFriends
The European VC · Apostolos Apostolakis
Images
Co-investors · 21
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▶9 more co-investors
Structure CapitalBECO CapitalLAUNCHub VenturesPiton Capital LLPAllen Institute for Artificial Intelligence Incubator (AI2)Market One CapitalMarathon Venture CapitalSeayaVanagon
Firms observed investing alongside VentureFriends, from public investor directories. Shared companies are the overlap with VentureFriends's recorded portfolio.
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