bValue Fund

Quick read

bValue Fund is a growth equity and seed-stage VC, founded in 2016 (as bValue Angels) and headquartered in Warsaw, Poland. It backs tech and tech-enabled companies across Central and Eastern Europe through two strategies — seed and growth — currently managing three funds. Portfolio companies get access to bValue Bench, an in-house group of 50 vetted operators who provide hands-on strategic and tactical support.

Key facts

Founded

2016

Founders

Maciej Balsewicz

Employees

10-20

Sectors

generalist, saas, fintech

Website

bvaluefund.com

Investment thesis

bValue backs tech and tech-enabled businesses across CEE at both seed and growth stages, targeting regional category leaders with international ambitions and providing capital alongside hands-on operational support via its in-house bValue Bench network.

Recent activity

• Sep 2025investment
  bValue's latest investment was in AudioShake, a multimedia and design software company, closing on 18 Sep 2025. pitchbook.com
• 2025investment
  bValue Growth deployed over 125 million PLN across a small number of deals in 2025, signalling a firm shift into growth equity at 5–15M EUR ticket sizes. cbinsights.com
• 2025investment
  bValue made two investments in 2025: Solidstudio and Fudo Security. tracxn.com
• Mar 2025investment
  bValue invested €6M in Sportano to support e-commerce growth. linkedin.com
• Nov 2023investment
  bValue acquired Hostersi. crunchbase.com
• Apr 2025investment
  bValue Fund invested €10M for a minority stake in Xtreme Brands to fund expansion of its fitness network. cbinsights.com
• Feb 2025investment
  bValue Fund invested in Solidstudio, a software development company. cbinsights.com
• Mar 2025investment
  bValue Fund invested €6M in Sportano to fuel its sports e-commerce growth. linkedin.com

Notable investments

• AudioShakeundisclosedSep 2025pitchbook.com
• Solidstudioundisclosed2025tracxn.com
• Fudo Securityundisclosed2025tracxn.com
• SportanoGrowth (€6M)Mar 2025linkedin.com
• HostersiAcquisitionNov 2023crunchbase.com
• Xtreme BrandsGrowthApr 2025cbinsights.com
• SolidstudioGrowthFeb 2025cbinsights.com
• SportanoGrowthMar 2025linkedin.com
• Wellbeetracxn.com
• SalesManagotracxn.com
• Callpagetracxn.com
• InnentialSeedlinkedin.com

Key people

Named individuals at the firm. We don't expose direct email or phone — use their LinkedIn for outreach.

• Maciej Balsewicz · Managing Partner & CIO
• Leszek · Investment Team
• Patryk · Investment Team
• Marcin Łuczyn · Managing Partner
• Łukasz Lach · Partner

Sources

• bValue Fund – Home
• bValue Fund – Team
• bValue Fund – Crunchbase
• bValue Portfolio – CB Insights
• bValue Fund – Tracxn
• bValue Fund – LinkedIn
• https://pitchbook.com/profiles/investor/169181-92
• https://www.linkedin.com/posts/ain-ukraine_ecommerce-venturecapital-sportstech-activity-7308483735169978368-bd9q
• https://www.crunchbase.com/organization/bvalue-angels/recent_investments

Other VCs in Poland

• Inovo Venture Partners · Early-stage VC, Warsaw·
• OTB Ventures · Deep-tech VC, Warsaw·
• Movens Capital · Early-stage VC, Warsaw

Explore VCs by sector

• Generalist in Poland

Globally

• Generalist worldwide

Frequently asked