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PFR Otwarte Innowacje

PFR Otwarte Innowacje

Funds Polish venture managers building technology and research-intensive funds, including advanced defense and dual-use strategies.

Between cyclesPFR VenturesPoland

PFR Otwarte Innowacje (Open Innovation) is a technology and R&D-focused equity fund-of-funds managed by PFR Ventures, the venture capital arm of Poland's state-owned Polish Development Fund. The program targets VC managers building funds concentrated on technology companies with significant R&D components, including advanced defense, dual-use technologies, and other hard-tech sectors. PFR operates…

Funds VC managers investing in technology, R&D, advanced defense, and dual-use sectors in Poland, with PFR committing PLN 45–80 million per fund and minimum company tickets of PLN 5 million.

CycleiHow often this grant runs β€” e.g. annually, on a rolling basis, or a one-off call.Multiple per year
Next deadlineiThe next date applications are due. Rolling means you can apply any time.β€”
Decision timeiTypical time from the deadline to the funder's decision.β€”
Project durationiHow long the funded work is expected to run.β€”
Award typeiThe form of funding β€” grant, equity, loan, tax credit, etc.Equity
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.40%
Funding pooliThe total budget available across all awards in this round.β€”

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Last verified: 24 Jul 2026Source: pfrventures.pl