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SpeedUp Venture Capital Group is a prominent organization supporting innovation and technological entrepreneurship across Poland and the Central and Eastern European region. The firm primarily invests in early-stage companies, fostering their development through strategic capital and operational guidance. Their approach focuses on identifying promising founders and providing the necessary resources to scale nascent technology ventures, contributing significantly to the regional startup ecosystem.
Established in 2006, SpeedUp Group was co-founded by Arkadiusz Piechocki, Bartłomiej Gola, Michał Lehmann, and René Xavier Gérard. Their founding insight was to actively cultivate and shape the emerging innovation market in Poland, recognizing the untapped potential within local technological talent. The firm rapidly became one of the first venture capital initiatives dedicated to nurturing early-stage companies in the CEE landscape.
SpeedUp Group caters to ambitious founders building technology-driven businesses, having supported over 200 entrepreneurs since its inception. While the firm currently concentrates on managing and supporting its existing portfolio of active funds, its long-term vision remains rooted in advancing technological entrepreneurship. They continue to play a pivotal role in the ongoing development and maturation of the innovation ecosystem they helped establish.
Key people at SpeedUp Group.
Key people at SpeedUp Group.
SpeedUp Group has 4 tracked investments across 3 companies. The latest tracked deal is $2.4M Seed in BeeSpeaker in September 2025.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Sep 25, 2025 | BeeSpeaker | $2.4M Seed | Artur Banach | — |
| Jul 1, 2023 | CYCLE | $12.0M Series A | Scania Growth Capital | Bonfire Ventures, Element Ventures, LA Famiglia, Lowercarbon Capital, Maven Ventures, MS&AD Ventures, Offline Ventures, Visionaries Club, Bill TAI, APX, Theo Schulte, Founder Collective, LocalGlobe, Third Sphere |
| May 10, 2022 | CYCLE | $17.4M Debt / Seed | Julia Hawkins | Fredrik Hjelm, JAN Dzulko, Roger Hassan, Enbw NEW Ventures, Founder Collective, GreenPoint Partners, Third Sphere, Visionaries Club |
| Mar 1, 2021 | upSWOT | $4.0M Seed | Igor Ulis | Infinity Ventures, Aiaz Kazi, Knut Frängsmyr, David Rabkin, Hannes Liebe, Kaustav DAS, Kerry Agiasotis, Levi King, Carolina Fintech Ventures, First Southern National Bank, Independent Community Bankers OF America |