New Investments
We are proud to have closed 4 new deals, deploying over 30% of our Growth Fund capital. Two of them — Xtreme Brands and Solidstudio — have been announced publicly, and two remain undisclosed.
Portfolio Growth
Beyond the numbers, it has been rewarding to see our portfolio companies achieve sustainable scale. Across Xtreme Brands, Solidstudio, Hostersi, Sportano and Fudo Security, we saw:
- 30% average revenue growth
- 20% average EBITDA growth
Portfolio Awards
Our portfolio companies also earned prestigious industry recognition:
- Hostersi – AWS Lead Master Challenge
- Sportano – Wpływowi 2025: e-commerce
- Fudo Security – KuppingerCole Leadership Compass 2025: Secure Remote Access for OT/ICS
- Solidstudio – Financial Times FT1000 Europe’s Fastest Growing Companies: 8th place in IT & Software
- Xtreme Brands – Gazele Biznesu: 1st place in Małopolskie
Growing Our Ecosystem
Strengthening our ecosystem remained a priority: we expanded the bValue Bench with new operators joining our portfolio companies, and grew our own investment team through both new hires and internal promotions.
Wiktor Lubieniecki was promoted to Investment Manager
Patryk Jagliński was promoted to Investment Associate
Adrian Nowicki joined as Capital Formation and Investor Relations
Maria Zyśk joined as Investment Analyst
Adrianna Łapińska joined as Executive Assistant
In the media
- Emerging Europe – Poland’s VC market remains resilient
- XYZ Poland Unpacked – Poland’s startups see capital return
- SSK&W – Polish VC Market Insights 2025 / Perspectives 2026
Thank you to our partners for your continued trust and commitment. We wish you a joyful holiday season and a bright start to the new year!
See our post on LinkedIn.