We boldly step into the future

Bitspiration Booster is a VC fund investing in early-stage science and technology ventures startups based in the Central and Eastern Europe (CEE) region. We recognize that innovation is not evenly distributed, invest in global collaboration and partnerships, and provide long-term support from our team of experienced operator-investors.

Our results

220% return on investment over 5 years. 60% return in less than 3 years.

Dividends have already been paid out to our investors. Our results are the effect of our combined knowledge about technology, our business experience and our expert timing.

Our Investors

I made the decision because of the experience of the management team, which has not only considerable business experience, but also technical competence in the area of product development.

Łukasz Gargasz

This team has created a portfolio of really innovative companies, not just popular ones. This is the fundamental difference and the main source of return on investment.

Bartłomiej Sawulski

Confidence in the unique competence and experience of the fund management team, backed by tangible investment returns.

Emil Gągała

The decision to invest was obvious due to their portfolio of startups and the business experience of the management team.

Jarosław Maślanka

"Reason over hype" is not just an empty slogan. The team's technical education, business and investment experience are a great source of success.

Agata Kowalska

A solid portfolio of companies and the integrity of the management team. Such a mix is rare.

Pawel Kusmierski

They have an excellent diversification of industries and the right philosophy for choosing startups for the portfolio.

Paweł Zylm

Searching for ambitious projects with a high potential for return on investment is the hallmark of BB.

Przemek Żebrowski

Łukasz Gargasz

Founding Partner
Axoma

Bartłomiej Sawulski

Director
Unicell Poland

Agata Kowalska

Managing Partner
CK Legal

Paweł Zylm

CIO
AXA

Przemek Żebrowski

Co-founder, Chairman of Supervisory Board
Grupa K2

Emil Gągała

Senior Consultant
AWS

Jarosław Maślanka

Senior Manager, Facilities EMEA
PEGA

Konrad Kończewski

CFO
BTW Power

Paweł Kusmierski

Senior Engineering Manager
Akamai

Our team

ex-Google Engineering Director,
ex-Allegro Chief Technology Officer,
ex-Motorola CEO for Poland,
CPO of BEIT.tech

Wojtek Burkot

Technology

ex-Google Head of
Entrepreneurs Poland,
CEO of BEIT.tech

Paulina Mazurek

Growth

ex-Founder (20 mln PLN exit)
Serial Entrepreneur: Eventory, Proidea, Bitspiration, PLNOG, CONFidence

Andrzej Targosz

Business

CXO, board director, advisor, investor. Managing Partner, Blue Titan Ventures, Former Partner, Mogility Capital.

Robert Chang

GROWTH, us

Founder of ASPIRE – 20 years of operational management & communications

Oskar Grzegorczyk

Operations

Joanna Ptak-Chmiel

Lawyer

Magdalena Kabat

Administration

Joanna Jelonek

Accounting

Our decisions are driven by science, not hype, as nature cannot be deceived.

Our approach

Investing in Startups is Like Investing in Show Business

When asked about the chances of success for his new film, the legendary Hollywood screenwriter William Goldman reportedly retorted: "Nobody knows anything." The example of founders who received hundreds of millions of dollars from investors only to exit in an atmosphere of scandal shows that the startup world is very similar. Investing in them is like investing in show business. Question: is this the right direction?

Marketplaces – Without a Technological Advantage, Cash is King

A marketplace is usually not a startup. For a simple reason: however much money you put into it defines what you can get out of it. It’s nothing more than a 21st-century Carrefour or another similar type of supermarket. The more locations you build and the more resources you put into them, the more you get out of it.

The Media won’t Tell you the Truth about Startups & Venture Capital Funds

The Media spins fairy tales about the world of startups. They make heroes out of founders and they turn the growth of companies into a sideshow. A VC is like a good king that gives away half his kingdom on a promise. PR teams working for startups and VCs are effective in fanning the flames. Any problems – if they exist – are effectively camouflaged. Investigative journalists, if you can still call them that, only uncover the truth for the highest bidders.

An investment in a startup will always be uncertain

An investor always buys a certain amount of uncertainty. In Poland, many investors who have a bit of capital assume that investing in startups is too risky of a game. We enjoy playing the game. For us, the best investment is often in startups that were rejected by other VCs who didn’t understand the technology behind them.

Our portfolio

return
on investment

x3.1

Airly (Krakow) – a relatively young but very mature team of air quality experts headed up by Wiktor Warchałowski (CEO) and Michał Miśek (head of R&D). They are developing quickly and with admirable consistency.

return
on investment

x5.4

Secfense (Krakow) – is managed by Tomek Kowalski and Marcin Szary and they have an experienced team driving this innovative and rapidly developing cybersecurity project.