United Founders has launched an €80 million venture fund to support Europe's next generation of frontier tech startups, focusing on sectors like AI, MedTech, and sustainability, backed by a community of accomplished entrepreneurs.

Information on the Target

United Founders is a newly established €80 million venture fund and founders’ community dedicated to supporting the next generation of frontier tech startups across Europe. The fund targets sectors such as quantum computing, cybersecurity, MedTech, artificial intelligence (AI), Industry 4.0, sustainability, and space technology. With a mission to empower innovative entrepreneurs, United Founders aims to unify Europe’s accomplished individuals to provide both financial and mentorship resources for budding ventures.

The founders of United Founders, Vít Horký and Jakub Havrlant, have made initial commitments of €17 million to demonstrate their confidence in Europe’s engineering talent. The fund boasts a diverse community comprising over 100 seasoned entrepreneurs, including notable figures like Florian Seibel, Richard Valtr, and Alissa Hsu Lynch, who are committed to making a significant impact on the future of tech startups in the region.

Industry Overview in the Target’s Specific Country

Europe emerges as a noteworthy hub for software engineers, producing 26.6% of the world's STEM graduates and contributing to 43% of global patent applications. Despite this rich talent pool, European startups face challenges in securing investment compared to their counterp