Movens Capital

Quick read

Movens Capital is an early-stage VC firm founded in 2019, headquartered in Warsaw, Poland. It backs CEE (and CEE diaspora) tech founders targeting EU and US markets, writing first checks of €250k–€3M across pre-Seed to Series A+. In June 2025 the firm launched its €60M Fund 2, targeting ~30 AI-led startups from the region.

Key facts

Founded

2019

Founders

Artur Banach

Employees

11

Sectors

saas, fintech, ai, marketplace

Website

movenscapital.com

Investment thesis

Movens Capital backs CEE (and CEE diaspora) tech founders building AI-driven, fintech, SaaS, and marketplace companies with clear EU or US market ambitions, writing checks of €250k–€3M at pre-Seed through Series A+. The firm is run by ex-operators who take an active role in strategy and fundraising, not just capital deployment.

Recent activity

• Jun 2025fundraise
  Movens Capital launched Fund 2, a €60M multi-stage fund backed by EBRD, PFR Ventures, and over 80 regional founders and tech operators. The fund targets pre-seed through growth-stage CEE startups, writing checks of €250K–€3M across roughly 30 investments. vestbee.com
• 2025press
  Portfolio companies including Trasti, Doctor.One, and SKY ENGINE AI raised a combined €29M during 2025. Across all follow-on rounds, Movens portfolio companies have now raised ~€130M, up from €13M at entry. pl.linkedin.com
• 2025investment
  Movens co-led grid.online's €4M seed round alongside DFF Ventures, with Reflex Capital, J&T Ventures, and angel investors from the early Wolt team also participating. Grid.online builds shared infrastructure for European last-mile delivery. linkedin.com
• 2025investment
  Movens co-led Replenit's $2.5M pre-seed round alongside vastpoint, with Metis Ventures, Digital Ocean Ventures, Finberg, Caucasus Ventures, and ElevenLabs CEO Mati Staniszewski participating. linkedin.com
• 2025leadership
  Łukasz Lewandowski and Bartosz Składzień joined the Movens Capital team, reinforcing the firm's operator-first approach. pl.linkedin.com
• 2025press
  Movens Capital exited Fenige with a 4.5x return. The firm had backed Fenige since 2017 at pre-seed stage. linkedin.com
• 2025product
  Movens Academy expanded its programme with a hybrid workshop on AI-native pricing for globally scaling tech companies. pl.linkedin.com
• Jun 2026press
  Artur Banach announced Movens Capital's participation in Vestbee's Summer Pitch CEE 2026, open to founders raising Pre-Seed, Seed, or Series A rounds, with applications closing 28 June 2026. linkedin.com
• Jan 2026investment
  Movens Capital backed Mos Health, a Polish-American startup, in a €920k pre-seed round for its AI-powered preventive health and wellness platform. crunchbase.com
• Jun 2025fundraise
  Movens Capital launched Fund II targeting €60M, with €40M already raised at announcement. The fund is backed by EBRD (€10M commitment), PFR Ventures, and over 80 individual investors. It targets 30 investments across pre-seed to Series A+ in CEE and CEE diaspora founders, writing checks of €250k–€3M. tech.eu
• Oct 2025investment
  Movens Capital co-led a €4M round in Czech startup Grid.online alongside DFF Ventures, with participation from Reflex Capital and J&T Ventures. Grid.online operates shared last-mile delivery infrastructure and processed over 1M orders in its first year. mambiznes.pl
• Oct 2025press
  Movens Academy held its 2025 event in Warsaw with 80+ founders, operators, and investors attending a full-day session focused on AI-era pricing strategies, including usage-based and outcome-based models. pl.linkedin.com

Notable investments

• grid.onlineSeed2025linkedin.com
• ReplenitPre-Seed2025linkedin.com
• TrastiFollow-on2025pl.linkedin.com
• Doctor.OneFollow-on2025pl.linkedin.com
• SKY ENGINE AIFollow-on2025pl.linkedin.com
• Mos HealthPre-SeedJan 2026crunchbase.com
• BeeSpeakerSeed2025tracxn.com
• CargofySeries A2023linkedin.com
• DemoboostPre-SeedOct 2022tracxn.com
• ForActiveSeedJan 2024en.ain.ua
• ReplenitPre-Seed ($2.5M)2025linkedin.com
• BeeSpeakerSeed ($2.35M)2024tracxn.com

Key people

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

• Artur Banach · Managing Partner
  LinkedIn
• Łukasz Lewandowski · Partner
  LinkedIn
• Andrzej Targosz · Founding Partner

Sources

• Movens Capital – official website
• Polish VC firm Movens Capital launches €60 million fund – EU-Startups
• Movens Capital – LinkedIn
• Artur Banach – LinkedIn
• Movens Capital – Crunchbase
• Movens Capital – Tracxn
• Movens Capital – PitchBook
• Movens Capital – ZoomInfo
• https://en.ain.ua/2025/06/23/movens-capital-launches-eur60m-fund/
• https://pl.linkedin.com/company/movenscapital
• https://en.ain.ua/2024/01/23/movens-capital-and-flyer-one-ventures-invests-in-foractive/
• https://ain.capital/2023/10/20/movens-capital-exits-fenige-4-5x-return/
• https://www.crunchbase.com/organization/movens-capital/news_and_analysis
• https://tech.eu/2025/06/23/movens-capital-launches-60m-fund-to-back-cee-tech-founders/
• https://mambiznes.pl/news/movens-capital-wspolprowadzacym-runde-czeskiego-grid-online-startup-pozyskal-4-mln-euro/
• https://tracxn.com/d/venture-capital/movenscapital/__ZjWHoPzoBoQyYfl6Z5Z5XIR3LAv4kW_pD6ZlR2MMNJU
• https://www.vestbee.com/insights/articles/movens-capital-launches-60-m-fund
• https://www.linkedin.com/in/lewandowski-lukasz/

Other VCs in Poland

• Inovo Venture Partners · Early-stage VC, Warsaw·
• OTB Ventures · Deep-tech VC, Warsaw·
• bValue Fund · Early-stage VC, Warsaw

Explore VCs by sector

• SaaS in Poland
• Fintech in Poland

Globally

• SaaS worldwide
• Fintech worldwide

Frequently asked