On September 24th, Athens-based Big Pi Ventures announced the successful completion of the first round of fundraising for its newly established growth fund, totaling €130 million. The fund aims to help Greek startups achieve scale and further promote the prosperity of the regional innovation ecosystem.
Big Pi Ventures focuses on investing in startups with core intellectual property and significant technological barriers in cutting-edge technology fields such as artificial intelligence, biotechnology, blockchain, and deep tech.
In addition to capital injections, the firm is committed to providing comprehensive strategic support to portfolio companies, including leveraging its extensive international network to help them expand into global markets, connect with industry partners, and attract follow-on financing.
Notably, the fund's investment strategy includes a clear requirement: supported startups must maintain a substantial presence in Greece, ensuring that the funds effectively contribute to the long-term development of the local tech and economic ecosystem.
This successful fundraising not only demonstrates international recognition of Greece's technological innovation potential but also provides strong momentum for high-growth local technology companies, potentially further consolidating Greece's position in the deep tech startup landscape in Southern Europe and globally.