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The Venture Codex

Expeditions Fund

Plac Małachowskiego 2, Warsaw, Mazowieckie, 00-066, Poland

Overview

Long-term venture capital fund for early-stage technology companies.

Founded

2021

Deals · 12mo

8

Links

WebsiteLinkedIn

Stage focus

Seed
Series A

Geographic focus

Estonia
France
Germany
United Kingdom
...

Sector focus

Venture Capital

Investment portfolio

22rounds
NAMEDATESIZE
Project Q
Jul 2026Led
$17 MSeries A
Dominion Dynamics
Jun 2026Participated
$98 MSeries A
Comand AI
Jun 2026Participated
$37 MSeries A
Twin Prime
May 2026Led
$10 MSeed
EGIDE
Mar 2026Led
$9 MSeed
Orqa
Mar 2026Led
$15 MSeries A
Gambit Cyber
Dec 2025Led
$3 MSeed
Sky Spy
Dec 2025Led
$2 MSeed
Project Q
Jul 2025Participated
$9 MSeed
Lendurai
Jun 2025Participated
$7 MSeed
Labrys Technologies
Jun 2025Participated
$20 MSeries A
Alpine Eagle
Mar 2025Participated
$12 MSeed
Project Q
Jul 2026Led
$17 MSeries A
Dominion Dynamics
Jun 2026Participated
$98 MSeries A
Comand AI
Jun 2026Participated
$37 MSeries A
Twin Prime
May 2026Led
$10 MSeed
EGIDE
Mar 2026Led
$9 MSeed
Orqa
Mar 2026Led
$15 MSeries A
Gambit Cyber
Dec 2025Led
$3 MSeed
Sky Spy
Dec 2025Led
$2 MSeed
Project Q
Jul 2025Participated
$9 MSeed
Lendurai
Jun 2025Participated
$7 MSeed
Labrys Technologies
Jun 2025Participated
$20 MSeries A
Alpine Eagle
Mar 2025Participated
$12 MSeed
22
Items
...
Browse all public portfolio deals

Insights

Time horizon

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Deal Distribution

Expeditions Fund: 22 funding rounds are recorded in the selected participation categories.All available history.
Expeditions Fund: 22 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed57
Series A37

Monthly Deal Activity

Expeditions Fund: 22 deals are recorded across 48 months.All available history.
Expeditions Fund: 22 deals are recorded across 48 months. All available history
MonthDeals
Nov '221
Dec '220
Jan '230
Feb '230
Mar '230
Apr '232
May '230
Jun '231
Jul '230
Aug '230
Sep '230
Oct '230
Nov '231
Dec '231
Jan '240
Feb '240
Mar '241
Apr '240
May '241
Jun '241
Jul '240
Aug '240
Sep '241
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '251
Apr '250
May '250
Jun '252
Jul '251
Aug '250
Sep '250
Oct '250
Nov '250
Dec '252
Jan '260
Feb '260
Mar '262
Apr '260
May '261
Jun '262
Jul '261
Aug '260
Sep '260
Oct '260

Sector Breakdown

Expeditions Fund: AI & Machine Learning is the largest displayed sector by deal count (12 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Expeditions Fund: AI & Machine Learning is the largest displayed sector by deal count (12 deals). All available history
SectorDeals
AI & Machine Learning12
Hardware & Robotics9
Cybersecurity & Privacy8
Government & Defense6
Networks, Cloud & Communication4
Enterprise Software3
Space & Frontier Tech3
Crypto & Blockchain2
Manufacturing2
Health & Life Sciences2
Transportation & Logistics1
Consumer & Lifestyle1
Professional Services1

Deal Size Distribution

Expeditions Fund: 22 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Expeditions Fund: 22 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M4
$5M-$10M7
$10M-$25M9
$25M-$50M1
$50M-$100M1
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Expeditions Fund: Europe has the largest recorded deal count among the displayed regions (14 deals).All available history.

Top 4 of 4 regions; European countries are grouped as Europe.

Expeditions Fund: Europe has the largest recorded deal count among the displayed regions (14 deals). All available history
RegionDeals
Europe14
United States5
Singapore2
Canada1
Expeditions Fund: 20 co-investors are shown, with Project A sharing 3 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Expeditions Fund: 20 co-investors are shown, with Project A sharing 3 recorded deals. All available history
Co-investorShared deals
Project A3
Superangel3
Amadeus Capital Partners2
HCVC2
iGan Partners2
IQ Capital2
Marque VC2
MD One Ventures2
Nina Capital2
Act Venture Capital1
Advocate Health1
Ahren Innovation Capital1
AlbionVC1
Alchemist Accelerator1
Atlantic Bridge1
Auriga Cyber Ventures1
AYMO Ventures1
BDC Capital1
Bessemer Venture Partners1
Bitdefender Voyager Ventures1

Investment Strategy

Expeditions Fund: Led accounts for 36% and participating for 64% of round participation.All available history.
Expeditions Fund: Led accounts for 36% and participating for 64% of round participation. All available history
CategoryDeals (count)Share (%)
Led836%
Participating1464%
Expeditions Fund: Single-lead accounts for 63% and co-led for 38% of lead dynamics.All available history.
Expeditions Fund: Single-lead accounts for 63% and co-led for 38% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead563%
Co-led338%

Team

Andrzej Rościszewski
Mikolaj Firlej

Co-Founder and General Partner

Stanislaw Kastory

Co-Founder