Earlybird Digital East Fund II Announces Final Closing

Promising News for Emerging Europe

We are excited to announce the final closing of our Earlybird Digital East Fund II (DEF II) at €200m. Our focus remains the same as our 2014-vintage debut fund, which ranks among the top 5% of global VC funds in our vintage: backing the most ambitious teams hailing from Emerging Europe in Seed and Series A rounds.

Earlybird DEF II has already made four notable investments:

• FintechOS was named the hottest Fintech company in Europe in 2020 at the Europas Awards
• Payhawk is building the financial system of tomorrow that combines credit cards, payments, and expenses into one experience
• Picus Security is a pioneer in Breach and Attack Simulation (BAS), named a Gartner Cool Vendor 2019 in the Cybersecurity category
• Binalyze is a rising star in the area of advanced digital forensics and incident response (DFIR).

TechCrunch journalist Mike Butcher wrote a recent article on our new fund, featuring a recap of the past few years.

You can find further information on Earlybird’s Digital East Fund team and investments as well as the entire Earlybird platform on www.earlybird.com.

By Cem Sertoglu, Partner at Earlybird Digital East Fund