Vinci Ups Investment Cap to €25M per Company
Vinci Ups Investment Cap to €25M per Company, Launches New Dual-Use Tech Funds
Investment, Innovation
💎 Backed by BGK, Vinci restructures with two €125M funds, expanding support for scaleups in defense-grade tech sectors
Vinci, the investment arm of Poland’s state-owned BGK group, has introduced a bold new strategy that raises its maximum investment per company to €25 million (approx. 110 million PLN). With a total of €250 million (1.1 billion PLN) at its disposal—equally split between Vinci Venture Capital and Vinci Private Equity—the firm aims to fill a long-standing funding gap in Poland’s growth-stage market.
Historically, Vinci’s average investment per project stood at €6 million, with most deals capped at €9 million. The newly adopted strategy extends Vinci’s time horizon to 5–10 years and focuses on companies with proven business models and minimum annual revenues of €500,000. Importantly, Vinci now becomes the only institutional investor in Poland that covers both VC and PE stages within one organizational structure, enabling seamless follow-on funding as companies scale.
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“Rather than chase early-stage deals—where over 130 other funds already operate—we’re stepping in where capital is scarce: in growth rounds,” said Vinci CEO Bartosz Drabikowski. He emphasized that Vinci is particularly targeting Polish companies that maintain local business, R&D, or engineering operations, while encouraging international expansion.
The revamped strategy includes a strong push for dual-use technologies—those with civilian and defense applications. Key focus areas include robotics, artificial intelligence, energy transformation, optics, aerospace, cybersecurity, health, food tech, and transportation. Vinci is also actively promoting co-investment models to bring in private capital alongside public funds, enhancing market credibility for portfolio companies.
Board member Adam Żelezik noted that Vinci’s new model is designed to attract institutional co-investors. “We want to be a validator of quality—public capital first, private capital follows,” he said.
The firm’s evolution also includes phasing out its legacy vehicles—HiTech ASI, IQ ASI, and Da Gamma ASI—consolidating them into the two newly formed funds. With fewer such growth-stage deals happening annually in Poland, Vinci’s shift could be pivotal for the development of national champions.
Tags: Investment, Innovation
