Closing the Scaleup Funding Gap

Published: October 2024

Time: 11 min

Impact: €1B+

Executive Summary

Creating domestic Series B+ funding mechanisms so Polish founders stop relocating to London and Berlin for growth capital.

Authored By

Katarzyna Majewska

Linked Pillar

Ecosystem & Capital

Target KPI

Unicorns: 3 → 10+

Status

Open for Consultation

01.

The Growth Capital Desert

Poland has a functioning seed ecosystem but a broken scaleup pipeline. Companies that reach Series A face a choice: relocate to London, Berlin, or the US for growth capital, or accept dilution and terms from foreign investors who demand redomiciliation. The result: Poland creates founders but exports companies.

02.

Pipeline Architecture

Three mechanisms to keep scaleups Polish-headquartered through their growth phase.

Key Action Items

Growth Poland Fund: €500M co-investment vehicle for Series B+ rounds in Polish-HQ companies.
LP Incentive: Tax-advantaged status for Polish institutional investors allocating to domestic VC.
Secondary Market: Regulated platform for pre-IPO share trading to provide early liquidity.

Endorse This Position

Institutional support is critical for legislative progress. Sign this dossier to add your organization's weight to the proposal.

Sign Dossier