Big Pi Ventures Raises €130 Million Growth Fund for Greek Startups

Athens-based Big Pi Ventures announced the close of its first growth fund round, securing €130 million to back startups in AI, biotechnology, blockchain, and deep tech with operations rooted in Greece.

Summary

Athens-based Big Pi Ventures officially announced the completion of the first round of its new growth fund, raising €130 million to support Greek startups. The fund targets companies with strong intellectual property in artificial intelligence, biotechnology, blockchain, and deep tech, while requiring portfolio companies to maintain substantial operations in Greece. In addition to financial investment, the firm will provide active support and leverage its international network to help accelerate business growth.

Terms & Concepts
  • Growth Fund: A type of investment fund aimed at financing the expansion of established businesses with growth potential.
  • Blockchain: A decentralized digital ledger that records transactions across multiple computers securely and transparently.
  • Deep Tech: Technology based on significant scientific advances or high-tech engineering innovation, often requiring long development times.