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The Venture Codex

Miton

Křižíkova 148/34, Prague, Hlavni mesto Praha, 18600, Czech Republic

Overview

Company builders operating from Czech Republic and focusing on Central and Eastern Europe. We prefer building consumer facing businesses and have the most fun around marketplaces and e-commerce in general.

Total investments
8
Lead investments
3
Investments · 12mo
2
Active investors
8

Sector focus

  • Business Development
  • Consumer
  • E-Commerce
  • Incubators
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Investment portfolio

  • Boataround

    Participated · Equity · May 2026

    Boataround operates an online marketplace for boat and sailboat charters, aiming to simplify and secure bookings across a range of yacht sizes and amenities. Founded in 2016 by Pavel Pribis and Jana Escher, both former Booking.com managers, the company has grown over the past decade and targets global expansion to become the largest charter platform. In 2025 users booked roughly €72 million worth of sailboat reservations through Boataround's site, with the company retaining €8.5 million in revenue. Boataround reports it is profitable and became operationally EBITDA-positive in January 2026. The company is using recent financings and credit facilities to provide runway, support scaling and manage cash flow while continuing its international growth plans.

  • Bandits

    Led · Equity · Nov 2025

    Founded in 2025 by Jiří Štěpánek, Kryštof Mitka, and Miton, Bandits provides a dual offering of ready-made AI modules and bespoke customization services that plug directly into a company’s existing software stack. Acting as both technology provider and implementation partner, the startup helps clients overcome the notorious 95 % AI-deployment failure rate cited in an MIT study by managing integration, updates, and ongoing support through a monthly subscription model. Its tools have already delivered measurable impact for customers such as OKTAGON, Europe’s largest MMA organisation, which cut video production time by up to 50 % using Bandits’ AI-powered translation and captioning solution. Beyond media automation, the platform is being extended to partner reporting and internal knowledge systems, illustrating its flexibility across business functions. Bandits positions itself against a crowded European AI-workflow market by emphasising hands-on deployment rather than DIY toolkits. The company is still pre-revenue disclosures but has secured initial venture backing to scale product development and client acquisition. Management intends to use the fresh capital to expand its library of AI modules and deepen support for SMEs seeking end-to-end AI adoption while maintaining human oversight of outcomes.

  • Aim

    Led · Equity · Jul 2025

    Aim builds an AI-powered agent that delivers continuous, context-aware business briefings for startup founders and business operators. The product surfaces the most relevant insights from scattered, multilingual sources including podcasts, forums, newsletters, social media, and market reports. Aim positions itself as a long-term briefing companion designed to minimize time spent while maximizing value, rather than a one-off research tool or attention-maximizing social feed. The company says it uses custom classification methods—beyond simple prompting—to determine contextual relevance and improve over time within topics. Founded in 2025 and based in Prague, Aim is currently in private beta and already has paying clients among VCs and startups. It recently raised €300k from Miton, which joined as a founding investor and will be involved in product development. The funding is intended to expand access to the AI agent and refine its ability to read, interpret, and summarise varied content.

  • DeepScout

    Led · Seed · Mar 2025

    DeepScout, founded in 2023 by Jan Mittner and based in the Czech Republic, builds an AI-powered platform for competitive and market intelligence aimed at retailers and brands. The platform automates data collection and analysis from e-commerce competitors, extracting, cleaning, and matching product data and using images to determine product similarities at scale. DeepScout’s product surfaces insights on product details, pricing, availability and more. The company already has paying customers in Czechia and has begun expanding internationally. It will use the funds to enhance its AI platform and support international expansion. DeepScout raised €600K in a pre-seed round led by Miton.

  • Bookbot

    Participated · Series A · Aug 2024

    Bookbot operates an online platform for second-hand books, selling classic books, bestsellers, hidden literary gems, and cult comics. The company serves customers in the Czech Republic, Slovakia, Austria and Germany and is headquartered in Prague. Founded in 2019 and led by CEO Dominik Gazdoš, Bookbot sources and sells used titles across multiple markets. It raised €4m in a Series A at a valuation of over €20m and plans to deploy the proceeds to expand operations and broaden its business reach. Existing investor Miton participated in the round, which was led by Genesis Growth Equity Fund I. Bookbot projects €24m in revenue by the end of 2024, year over year.

Team