Czech Republic and Luxembourg-based investment firm Tensor Ventures has established a new €50 million fund aimed at investing in startups operating in strategic areas such as quantum technology, biotechnology, security, Software 2.0, energy, and climate.
Founded in 2018 by deep-tech experts Roman Smola, Martin Drdul, and Petr Ulvr, Tensor Ventures focuses on investing in pioneering and innovative technologies. Over the past four years, the firm has invested a total of €20 million in 20 different startups and has achieved two successful exits: Czech-based UltimateSuite and U.S.-based Neuronix AI, both of which were acquired by major U.S. corporations.
Tensor Ventures plans to allocate half of the new fund to identify promising projects in the Czech Republic, while the other half will be invested in early-stage startups worldwide.
Roman Smola, one of the firm’s co-founders, stated, “Recently, investors have been motivated by the resilience of the sector against fluctuations in global investment trends and the consistent annual growth in deep-tech investments.”
Tensor Ventures aims to accelerate its investments in deep technology and continue supporting successful projects on a global scale.
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