Digital East Fund II (ex-Earlybird) Announces Final Closing

Feb 19, 2021

We are excited to announce the final closing of our Digital East Fund II (DEF II) at €200m. Our focus remains the same as our 2014-vintage debut fund, which ranks among the top 5% of global VC funds in our vintage: backing the most ambitious teams hailing from Emerging Europe in Seed and Series A rounds.

DEF II has already made four notable investments:

  • FintechOS was named the hottest Fintech company in Europe in 2020 at the Europas Awards.
  • Payhawk is building the financial system of tomorrow that combines credit cards, payments, and expenses into one experience.
  • Picus Security is a pioneer in Breach and Attack Simulation (BAS), named a Gartner Cool Vendor 2019 in the Cybersecurity category. 
  • Binalyze is a rising star in the area of advanced digital forensics and incident response (DFIR). 

TechCrunch journalist Mike Butcher wrote a recent article on our new fund, featuring a recap of the past few years.

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