Fundraising Fox

VentureFriends

Venture capital

Athens · Pre-Seed–Seed · 12 people tracked

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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.

Invests inSector AgnosticAthensEurope

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Seed
Check
$500K – $2.5M
HQ
Athens, GR
Leads rounds
Follows
Instruments
Equity
Founded
2016
AUM
$121M
Tracked investments
15

Team · 12 people

from the firm's website & public directories

What they invest in

from 6 of 15 portfolio companies

Fintech ×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 path
Blueground HoldingsSEC filingmedium confidence

Cheshire

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

Bartebarte.comin

Barte provides modular payment processing solutions for large enterprises, fintechs, and marketplaces.

B2B MarketplacesFintechSaaSSao Paulo, BR

Caetano Maria Carvalho Prazeres de Lacerda(Executive Officer)

Blueground
Capalo AIcapaloai.comin

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

Carmoolacarmoola.co.ukin

Carmoola is a car finance company that provides instant digital lending decisions through a mobile app for vehicle purchases in the UK.

ConsumerFintechMobility & TransportationUK, GB

Aidan

Embat
Harbor Labharborlab.comin

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

Huspyhuspy.comin

Huspy is a real estate technology platform that digitizes the home-buying process, providing access to mortgage products, properties, and related services like furniture and property management.

B2B MarketplacesFintechPropTechDubai, AE

Jad Antoun(CEO & Co-founder)

Instashop
Justified Studiojustified.studioin
Measurlabsmeasurlabs.comin𝕏

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

Merx
Plum
Sybilion
Valeria

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 team

Airbnb 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

VentureFriends photo

Co-investors · 21

Atomico

Atomico is an international venture capital firm that invests in growth-stage technology companies across multiple geographies. The firm focuses on scaling disruptive technology businesses globally.

Both backed · 1
QED Investors

QED Investors is a venture capital firm founded by former Capital One executives that invests in founders building transparency and fairness into financial services.

Both backed · 1
$30K – $25M
InMotion Ventures

InMotion Ventures is an early-stage venture investor associated with JLR (Jaguar Land Rover), backing founders from inception and co-investing across three specialist verticals.

Both backed · 1
$2.6M
FJ Labs

FJ Labs is a venture capital firm specializing in marketplaces and network-effect businesses, having built a large portfolio of marketplace startups with over 30 becoming unicorns.

$250K – $2M
Great Oaks Venture Capital

Great Oaks Venture Capital is a New York-based early-stage investor that partners with founders at the earliest stages of company building across the United States.

$50K – $500K
Plug and Play Ventures

Plug and Play is an innovation platform that connects corporations, governments, startups, investors, and universities to drive innovation.

$50K – $12M
Bling Capital

Bling Capital is a seed-stage venture firm that backs entrepreneurs seeking to find and scale product-market fit, supported by its Bling Product Council of over 100 product leaders.

$1M – $5M
Amplify Partners

Amplify Partners is an early-stage venture firm that has invested in technical founders — engineers, researchers, and scientists — building applications, AI models, developer tools, and infrastructure since 2012.

$500K – $5M
Practical Venture Capital

Practical Venture Capital (PVC) is a venture firm focused on the secondary market for private, late-stage technology companies. It acquires stakes in mature companies through its Halftime Fund.

CoinFund

CoinFund is a crypto-focused investment firm that backs and partners with companies building open, decentralized technology across finance, infrastructure, and AI.

$6M – $10M
Ff Venture Capital

ffVC is a seed and early-stage venture capital firm based in New York that invests across emerging industries.

$300K – $700K
One Way Ventures

One Way Ventures is a venture capital firm that backs exceptional immigrant founders building high-impact global companies.

$500K – $1.5M
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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