AI CAPITAL INTELLIGENCE
Gapminder Ventures | Institution profile
Institution at a glance
GapMinder Ventures is a venture-capital manager focused on technology companies in Romania and Southeast Europe. It says it backs B2B AI, deep-tech and SaaS businesses, leading seed rounds of €0.5–5 million with follow-on capacity of €12 million or more. Its public materials describe a €50 million Fund I and a Fund II launched in 2024 with an €80 million target; the firm currently self-reports €130 million under management and an 85% portfolio follow-on rate.
Source verification date: · The €130 million assets-under-management figure and 85% follow-on metric are self-reported by GapMinder; the underlying calculation and sample are not independently verified. Fund II’s €80 million is a target announced in 2024, not a confirmed final close. FintechOS financing amounts refer to company-wide rounds and do not disclose GapMinder’s individual contribution. A 2021 report documents historical participation only; it does not establish that GapMinder led a later round or still holds shares. The public email and Amsterdam address are general contact details, not a verified pitch-submission channel.
Names follow their disclosed form. Descriptive English renderings of Chinese names are not verified legal names. Original quotations are shown in their source language.
Key facts
| Investment stage and initial check size | GapMinder says it leads seed rounds of €0.5–5 million and can provide follow-on financing up to €12 million or more. |
|---|---|
| Sector focus | B2B AI, deep tech and SaaS; Fund II materials also identify fintech, cybersecurity, enterprise automation and data analytics. |
| Geographic focus | Fund II materials say most capital is intended for startups in Romania, Moldova, Serbia, Croatia, Slovenia and Bulgaria. |
| Assets under management (self-reported, September 2026) | GapMinder’s website lists €130 million in funds under management. This is a manager-reported figure. |
| Fund I | A €50 million fund established in 2018, according to GapMinder materials. Named portfolio companies include FintechOS, Druid.AI, TypingDNA, Veridion, Siena.Cx, Cyscale and Deepstash. |
| Fund II (2024 target) | Fund II began operating in 2024 with a stated target of €80 million. The target is not a confirmed final fund size. |
| Portfolio follow-on rate (self-reported) | GapMinder says 85% of its portfolio companies raised follow-on rounds; the website does not state the metric’s sample or calculation alongside the figure. |
| Fund II managing partners named in 2024 | The 2024 announcement named Dan Mihăescu, Sergiu Roșca, Cosmin Ochișor and Alexandru Ruff as managing partners. This is a dated announcement, not confirmation of current roles. |
Organization background
GapMinder focuses on B2B technology and lists AI, deep tech, SaaS, fintech, cybersecurity, enterprise automation and data analytics among its areas of interest. Its published portfolio examples include FintechOS, Druid.AI, TypingDNA and Veridion. Fund II’s announced geographic focus includes Romania, Moldova, Serbia, Croatia, Slovenia and Bulgaria.
Milestones
- 2018
GapMinder Fund I was established at €50 million.
- 2024-02-22
Fund II began operating after its first close, with an announced target of €80 million.
Public record
- FintechOS (2021): A contemporaneous industry report listed GapMinder Ventures among the company’s existing investors. This is a historical participation reference only; it does not establish a later lead role or current ownership.
- FintechOS Series B+ (2024): GapMinder’s portfolio announcement described a $60 million company financing led by Molten Ventures, Cipio Partners and BlackRock, with GapMinder, EarlyBird and OTB listed as existing investors. GapMinder’s individual contribution was not disclosed.
Official contact details
- Official website: gapminder.vc
- General contact (not a dedicated pitch-submission channel): contact@gapminder.vc
- Published contact address: De Lairessestraat 145A, Amsterdam 1075 HJ, Netherlands
Sources
- 1. GapMinder Ventures official website
We invest in what we know and love: AI / Deeptech and SaaS in B2B space.
- 2. GapMinder Ventures official website
€130m Funds under management; 85% Portfolio companies raised follow-on rounds.
- 3. GapMinder Ventures official website
De Lairessestraat 145A, Amsterdam 1075 HJ, Netherlands
- 4. GapMinder Ventures official website
contact@gapminder.vc
- 5. GapMinder announces an €80 million target for Fund II
GapMinder Fund II, an investment vehicle with a target of €80 million, representing the largest VC with primary focus on the Romanian tech start-up market.
- 6. GapMinder announces an €80 million target for Fund II
Companies financed by GapMinder Fund I include Druid.AI, FintechOS, TypingDNA, Veridion, Siena.Cx, Cyscale, Deepstash
- 7. FintechOS secures $60 million in Series B+
This round was led by Molten Ventures, Cipio Partners, and BlackRock, alongside existing investors EarlyBird VC, OTB VC, and Gapminder VC.
- 8. The 34 FinTech rounds from the last week you can’t afford to miss
with participation from existing investors Earlybird Digital East, Gapminder Ventures, LAUNCHub Ventures and OTB Ventures