January 8th, 2013

OpenFund Closes New €10M Fund, Adds Incrediblue And WorkableHR To Portfolio

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The Openfund began 5 years ago, around the same time as Seedcamp which might well make it the second oldest ‘new style’ tech seed fund in Europe. You could say that it was not only pretty early, but also in a tough place – Greece does not have a large or long history in tech startups and Openfund was, and remains, the only real institutional tech investor in town. And they only had €500,000 to… → Read More

January 7th, 2010

Greek seed level OpenFund announces first winners, applications open again

OpenFund, an Athens-based seed level Venture Firm, has announced the first bunch of startups selected for funding. Besides the actual funding, which is between €20-30k for a 20% equity stake in the company, OpenFund provides a four-month incubation period.

In this round, OpenFund selected four companies in total, one from the UK (its founders are from Slovakia), one from Ukraine, and two… → Read More

June 26th, 2009

Based in South Eastern Europe? Need seed funding? Check out Openfund

In a terrific example of a self-organising industry, some of  OpenCoffee Greece’s founding members and a number of web entrepreneurs and venture capitalists have launched Openfund, offering seed capital for internet startups in Greece and South East Europe. The model draws inspiration from  YCombinator and Seedcamp, with plans to fund up to five startups per round. The startups will… → Read More