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Velocity Partners

Europe, Attiki, Greece, Athens

Description

Velocity Partners is an early-stage venture capital fund headquartered in Athens, Greece, with a strategic focus on technology companies that can leverage the unique strengths of the Greek economy for global validation. The fund targets promising startups primarily in the pre-seed and seed stages, seeking to identify and nurture companies with strong global ambitions originating from or deeply connected to the Greek innovation ecosystem. Their investment thesis often gravitates towards sectors where Greece offers a competitive advantage, such as tourism tech, agri-food tech, maritime tech, and deep tech solutions, alongside broader B2B SaaS opportunities.

The firm is known for its hands-on approach, providing not just capital but also strategic guidance, operational support, and access to a valuable network of industry experts and mentors. Velocity Partners aims to be the first institutional investor for many of its portfolio companies, helping them navigate the critical early phases of growth, product-market fit, and international expansion. They look for strong founding teams, innovative technologies, and scalable business models with clear pathways to global markets.

Velocity Partners typically deploys initial cheques ranging from €250,000 to €750,000, although they have the flexibility to go up to €1 million for exceptional opportunities. This translates to a typical initial investment range of approximately $270,000 to $1,080,000 USD, based on prevailing exchange rates. Their first fund, Velocity Partners Fund I, successfully raised €30 million (approximately $32.4 million USD), underscoring their capacity to support a diverse portfolio of early-stage ventures. The fund's commitment to fostering the Greek tech scene, coupled with its focus on globally relevant verticals, positions it as a key player in the burgeoning Southeastern European startup landscape.

Investor Profile

Velocity Partners has backed more than 30 startups, with 1 new investments in the last 12 months alone. The firm has led 15 rounds, about 50% of its total and boasts 3 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Pre Seed, Seed, Series A rounds (top funding stages).
  • Majority of deals are located in Greece, United Kingdom, United States.
  • Strong thematic focus on Automotive, Software, Artificial Intelligence (AI).
  • Typical check size: $270K – $1.1M.

Stage Focus

  • Pre Seed (40%)
  • Seed (40%)
  • Series A (10%)
  • Series Unknown (7%)
  • Convertible Note (3%)

Country Focus

  • Greece (47%)
  • United Kingdom (33%)
  • United States (17%)
  • Singapore (3%)

Industry Focus

  • Automotive
  • Software
  • Artificial Intelligence (Ai)
  • Saas
  • Predictive Analytics
  • Real Estate
  • Travel
  • Biotechnology
  • Pharmaceutical
  • Health Care
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Velocity Partners frequently co-invest with?

HAX
North America, California, United States, San Francisco
Co-Investments: 2
FJ Labs
North America, New York, United States, New York
Co-Investments: 2
SOSV
North America, New Jersey, United States, Princeton
Co-Investments: 2
VentureFriends
Europe, Attiki, Greece, Athens
Co-Investments: 4
EveryPay
Europe, Attiki, Greece, Athens
Co-Investments: 1
Big Pi Ventures
Europe, Attiki, Greece, Athens
Co-Investments: 2
Forward Partners
Europe, England, United Kingdom, London
Co-Investments: 2
Bantam Group
North America, Massachusetts, United States, Westwood
Co-Investments: 2
Genesis Ventures
Europe, Attiki, Greece, Athens
Co-Investments: 1
Venrex
Europe, England, United Kingdom, London
Co-Investments: 2

Which angels does Velocity Partners often collaborate with?

AS
North America, California, United States
Shared Deals: 1
RC
Europe, England, United Kingdom, London
Shared Deals: 1
NG
North America, California, United States, San Francisco
Shared Deals: 1
AZ
North America, California, United States, San Francisco
Shared Deals: 1
DK
Europe, Thessaloniki, Greece, Thessaloníki
Shared Deals: 1
Dave Baggett
North America, Maryland, United States, Potomac
Shared Deals: 1
GG
Europe, England, United Kingdom, London
Shared Deals: 1

What are some of recent deals done by Velocity Partners?

Hosthub

Athens, Attiki, Greece

Channel Manager and PMS for short term rentals

B2BHospitalityReal EstateSaaSSoftwareTravelVacation Rental
Pre SeedJan 10, 2025
Amount Raised: $360,000
iCOMAT

Bristol, Bristol, City of, United Kingdom

Revolutionary production equipment for the manufacturing of advanced carbon fibre composite parts.

Advanced MaterialsAerospaceAutomotiveLogisticsManufacturingRoboticsSpace TravelTransportation
Series AJun 5, 2024
Amount Raised: $22,500,000
instacar

Athens, Attiki, Greece

instacar is the 1 st fully digitized car subscription service in Greece.

AutomotiveE-CommerceRentalSubscription Service
Series AFeb 20, 2023
Amount Raised: $58,754,030
Finloup

Athens, Attiki, Greece

Technology leasing for businesses and individuals, powered by Open Banking.

Financial ServicesFinTech
Pre SeedMay 26, 2022
Amount Raised: $1,094,735
Khyria

Grand Rapids, Michigan, United States

Own your journey into menopause and beyond

Health Care
Pre SeedNov 14, 2021
Chronicles Health

Boston, Massachusetts, United States

Trailblazing Better Outcomes in IBD​

Health Care
Pre SeedJul 14, 2021
Anodyne Nanotech

Boston, Massachusetts, United States

Anodyne Nanotech is a preclinical-stage biotech company that develops differentiated, transdermal forms of high-value drugs.

BiopharmaBiotechnologyPharmaceutical
SeedMay 3, 2021
Amount Raised: $4,200,000
Aphetor

London, England, United Kingdom

Aphetor is a brand, community and media company targeted at the next generation of sports fan.

Content CreatorsDigital MediaGamingMedia and EntertainmentSocial MediaSocial Media MarketingSponsorshipSports
SeedFeb 18, 2021
Amount Raised: $1,500,000
iCOMAT

Bristol, Bristol, City of, United Kingdom

Revolutionary production equipment for the manufacturing of advanced carbon fibre composite parts.

Advanced MaterialsAerospaceAutomotiveLogisticsManufacturingRoboticsSpace TravelTransportation
SeedDec 7, 2020
Amount Raised: $868,130
Spotawheel

Athens, Attiki, Greece

Spotawheel is a tech-driven used cars dealership platform that takes customer trust to a whole new level

AutomotivePredictive Analytics
Series UnknownSep 15, 2020
Amount Raised: $11,842,196