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

• 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
• 2025investment
  Movens Capital participated in BeeSpeaker's seed round — its most recent first-time portfolio investment as of Sep 2025 — and made a follow-on investment in Sky Engine AI, bringing total 2025 investments to two. tracxn.com
• 2025press
  Movens Capital exited Fenige, a payments company it backed at pre-seed in 2017, with a reported 4.5x return on investment. linkedin.com
• Jun 2025fundraise
  Movens Capital launched Fund II targeting €60M, with €40M already secured. The fund is backed by EBRD, PFR Ventures, and over 80 founders and operators. It will make ~30 investments across pre-seed to Series A+ stages in CEE, including Ukraine and Moldova, with checks of €250K–€3M. en.ain.ua
• 2025press
  Portfolio companies — including Trasti, Doctor.One, and SKY ENGINE AI — raised €29M in 2025 alone. Total follow-on capital across the portfolio reached ~€130M, up from €13M at entry. pl.linkedin.com
• 2025leadership
  Movens expanded its team with Łukasz Lewandowski and Bartosz Składzień, reinforcing its operator-led investment approach. pl.linkedin.com
• 2025investment
  Movens co-led a $2.5M pre-seed round in Replenit, an autonomous decision layer for e-commerce and retail, alongside vastpoint and a group of international VC investors. linkedin.com
• 2025product
  Movens Academy expanded its programme with a hybrid workshop on AI-native pricing aimed at globally scaling tech companies. pl.linkedin.com
• Jan 2024investment
  Movens Capital co-invested in ForActive, a Poland-based sport and wellness app, alongside ff Venture Capital, Flyer One Ventures, and several angel investors. Deal size was undisclosed. en.ain.ua

Notable investments

• Mos HealthPre-SeedJan 2026crunchbase.com
• Grid.onlineSeedOct 2025mambiznes.pl
• BeeSpeakerSeed2025tracxn.com
• Sky Engine AIFollow-on2025tracxn.com
• CargofySeries A2023linkedin.com
• DemoboostPre-SeedOct 2022tracxn.com
• ForActiveSeedJan 2024en.ain.ua
• ReplenitPre-Seed ($2.5M)2025linkedin.com
• BeeSpeakerSeed ($2.35M)2024tracxn.com
• ForActiveUndisclosedJan 2024en.ain.ua
• SKY ENGINE AISeries A ($7M)Jan 2024en.ain.ua
• TrastiUndisclosed2024pl.linkedin.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

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
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Globally

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