Czech-based venture capital firm Tensor Ventures has unveiled a new €50 million fund aimed at investing in innovative deep tech startups.
The fund will focus on sectors such as artificial intelligence (AI), quantum computing, biotech, sustainable technology, and space technologies. Tensor Ventures plans to target startups in the Czech Republic as well as internationally, furthering its mission to support cutting-edge companies in emerging fields.
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Building on Success
Led by founders Roman Smola, Martin Drdúl, and Petr Ulvr, Tensor Ventures has built on the success of its first fund, which invested €20 million across 20 startups over four years. The new fund is supported by growing institutional interest, with the European Investment Fund (EIF) committing €20 million to Tensor’s second fund.
Focus on Deep Tech Innovation
The firm has backed various deep tech companies, including quantum startups like QC82 and Quantagonia, and biotech firms such as Solvemed and HeartBeat.bio. The fund will continue to invest in sectors like security tech, energy, climate tech, and Software 2.0, aiming to drive transformative innovations. Half of the fund’s capital will be dedicated to Czech startups, while the rest will target global opportunities.
