Race to Invest in CEE. Panel moderated by Tommi Uhari / Karma.vc

Discover the opportunities in Central and Eastern Europe, a growing hotspot for startups, with Karma Ventures, a global investor with a strong focus on the region, sharing insights on talent, valuation, and cultural challenges.

Key takeaways
  • The CEE region offers great opportunities for investors, with a growing number of startups and a strong talent pool.
  • Karma Ventures is bullish on the region, having made 20 investments in two funds, with 13 in the CEE region.
  • The company is not exclusive to the CEE region, but has a global focus and invests in startups with a global mindset.
  • The talent pool in the CEE region is strong, with many engineers and technical experts available.
  • The region is also home to many biotech and medtech companies, with a strong focus on AI, FinTech, and software.
  • The cultural aspect is important, with founders from the CEE region having a different approach to business and communication.
  • Karma Ventures has found that many founders in the CEE region are driven to go global from day one, which is an advantage.
  • The company is flexible with regards to company domiciliation, as long as the majority of activities are done in the region.
  • The valuation of companies in the CEE region is often more reasonable than in other regions.
  • There are cultural challenges to overcome, such as communication and management style, but Karma Ventures believes it can conquer these barriers.
  • The company is not seeing a decline in investment opportunities in the CEE region, and is actually finding more opportunities than expected.
  • The region is a big market, with many countries and cities to explore, and Karma Ventures is excited to continue investing in the region.