PZU announces partnership with DN Capital
Vitelo Fund – brought to life by PZU under the auspices of the Ministry of Science and Higher Education and the Ministry of Development – signed agreements with VC funds: Atomico, Evolution Equity Partners and DN Capital. Vitelo will actively cooperated with these funds to facilitate their future investments in the most innovative and promising Polish start-ups. The key for creating special financial incentives for investments in Poland will be to work with NCBR Vitelo Fund.
March 1, at the headquarters Office of PZU in Warsaw, in the presence of Michała Krupińskiego, president of PZU, Jarosława Gowina, Deputy Prime Minister and Minister of Science and Higher Education and Maciej Chorowskiego, director of the NRDC, the Fund Vitelo officially announced the signing of agreements with the world’s top three VC funds: Atomico, Evolution Equity Partners and DN Capital. Vitelo investment in has allocated nearly 100 million. Vitelo Fund was launched in September last year. Over the next few years it is going to invest in VC funds at least half a billion dollars.