Cogito Capital Partners Announces First Closing of Cogito Fund II
Funding | Nov 15, 2024 | Cogito Capital Partners
Cogito Capital Partners, a venture capital firm based in Warsaw and New York, has announced the first closing of its Cogito Fund II with a capital target of €125 million. The new fund currently has over €90 million available for investments, allowing Cogito to continue focusing on late-stage or early-growth investments in European technology companies. These companies predominantly operate in the B2B segments of enterprise software, fintech, and healthtech sectors, particularly those with potential for global expansion. Established by Sylwester Janik and Martin Jasinski, Cogito aims to support international scaling operations towards the US and other global markets. Since 2019, Cogito has invested in companies such as Finom, HigoSense, and Applica, among others. The firm gained recognition for their exit in 2022 when Applica was acquired by Snowflake, earning them awards from the Polish Association of Capital Investors. The second fund is supported by various institutional investors, including the EIF, EBRD, IFC, PFR, and other notable entities from Europe and the US. Cogito Capital's strategy leverages a capital gap in early growth tech companies in Europe, with Sylwester Janik emphasizing the growth potential in Central Europe's tech sector. Bartomiej Samsonowicz of PFR Ventures highlighted the positive impact of Cogito's work on the Polish venture capital market.
Sectors
- Venture Capital
- Technology
Geography
- Europe – The focus of Cogito Capital Partners' investments is on European technology companies, particularly in Central Europe.
- USA – Cogito Capital Partners supports the international expansion of European tech companies to the US market.
- Poland – Cogito Capital Partners is based in Warsaw, and it plays a significant role in Poland's venture capital ecosystem.
Industry
- Venture Capital – Cogito Capital Partners is a venture capital firm managing and investing in startups and technology companies.
- Technology – The fund focuses on technology companies in sectors such as B2B software, fintech, and healthtech.
Financials
- €90 million – Amount achieved in the first closing of Cogito Fund II.
- €125 million – Target capitalisation for Cogito Fund II.
- €5 million to €15 million – Investment range for portfolio companies by Cogito Fund II.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Cogito Capital Partners | Venture Capital Firm | Company | A venture capital firm based in Warsaw and New York, focusing on technology investments in late-stage or early-growth companies. |
| Sylwester Janik | Managing Partner | Person | Co-founder and Managing Partner of Cogito Capital Partners. |
| Martin Jasinski | Co-founder | Person | Co-founder and leader at Cogito Capital Partners. |
| PFR Ventures | Investor | Company | Institutional investor supporting the fund, with a focus on Polish investment activities. |
| EIF, EBRD, IFC | International Institutional Investors | Company | International financial institutions investing in the Cogito Fund II. |