Hedgehog Fund
Hedgehog Fund is a venture capital firm based in Warsaw, Poland, focused on Pre-Seed to Series A startups in SaaS & Enterprise, Consumer & Retail, and E-commerce & D2C. This profile covers its focus and how founders can get in front of it in 2026.
Polish seed fund investing in prospective projects with regional (European) potential
- Investment focus
- SaaS & EnterpriseConsumer & RetailE-commerce & D2CIoT & Connected DevicesMarketplace
- Investment stages
- Pre-SeedSeedSeries A
- Location
- Warsaw, Poland
- Team size
- 1-10
- Portfolio companies
- 10+
- Latest deal on record
- November 2016
About Hedgehog Fund
Hedgehog Fund is an early stage business angels / venture capital fund operating in Warsaw, Poland
Our focus is on information, communication and technology (ICT) new ventures that demonstrate the potential to be scaled internationally or acquired by industry leaders.
Dependent on exit opportunities we may continue to invest in the new ventures through later stages of financing.
Once we have committed to an investment we proactively connect with entrepreneurs and bring together all the necessary resources to catalyze new venture growth whilst simultaneously reducing new venture risk.
Our investing principles: - We invest in people with ready projects at early stage (having a prototype, platform and/or first clients as necessary minimum) - We do not invest in idea (only) - We invest in projects with up to 6 years perspective but we look at the investments opportunistically (we could have an early exit) - We invest up to (max.) PLN 1 m per project in return for minority equity stake - We build the portfolio of approx. 10-15 projects - Our initial investment aims at approx.
Source: the organization's public company profile.
How to pitch Hedgehog Fund
The founders who hear back from Hedgehog Fund lead with traction and a clear ask that matches its stage, not a generic mass email. Build a targeted, verified list, write a personalized note, and track who opens it, all in one place.
Connect with Hedgehog Fund
About this profile
This profile is part of Round Funded, an investor database and outreach platform for founders. It covers 60,000+ active VCs, angels, family offices and accelerators with verified contacts, lets you send pitches from your own Gmail, and includes a free Data Room for your raise. How this data is built.
Cite this page
Round Funded. "Hedgehog Fund." Round Funded investor database, updated October 19, 2026.
Stable URL, it will not change: https://www.roundfunded.com/en/vc/hedgehog-fund
Frequently Asked Questions
What does Hedgehog Fund invest in?
Hedgehog Fund focuses on SaaS & Enterprise, Consumer & Retail, E-commerce & D2C, and IoT & Connected Devices. Match your sector and stage before reaching out, then find similar active investors on Round Funded.
What stage does Hedgehog Fund invest at?
Hedgehog Fund focuses on Pre-Seed to Series A rounds. Lead with traction that fits the stage when you reach out.
Where is Hedgehog Fund based?
Hedgehog Fund is based in Warsaw, Poland. You can reach out from anywhere with a pitch that matches its focus.
How do I contact Hedgehog Fund?
Unlock a verified email for Hedgehog Fund and reach out with a personalized pitch on Round Funded. We show only deliverable contacts, so your outreach does not bounce.
What is Round Funded?
Round Funded is an investor database and outreach platform for startup founders. It lists 60,000+ active investors with verified contacts, filtered to recent investment activity, and lets founders send personalized pitches from their own Gmail, track replies, and share a free Data Room. Round+ starts at $99 per month with a 3-day trial.