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The Venture Codex

SpeedUp Group

ul. Św. Marcin 11/8, Poznań, Wielkopolskie, 61-803, Poland

Overview

We are a group of venture capital funds, investing in enterprises in an early stage of development. Areas of our interest include enterprises and entrepreneurs in Central and Eastern Europe, who want to conquer the global market by utilizing their self-developed solutions. Our cooperation with companies is based on a 3-8 years investment horizon. We're looking for innovations from areas such as: consumer internet, electromobility, energy, fintech, martech, adtech, medtech, IoT and hardware. We're interested in technologies like Machine Learning, Picture Recognition and Artificial Intelligence.

Total investments
7
Lead investments
3
Investments · 12mo
1
Active investors
7

Sector focus

  • Artificial Intelligence (AI)
  • Energy Storage
  • Finance
  • Financial Services
  • Medical
  • Medical Device
  • Renewable Energy
  • Venture Capital
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Investment portfolio

  • BeeSpeaker

    Participated · Seed · Sep 2025

    BeeSpeaker delivers tutoring-style language instruction by pairing short videos of native speakers with AI-assessed spoken practice, requiring users to talk aloud in every exercise. The platform evaluates pronunciation, responds conversationally, and dynamically adapts lesson difficulty, giving learners a conversational experience at a fraction of live-tutoring costs. Content is produced in-house and increasingly augmented by AI-generated video tutors, enabling the startup to scale quickly. Recent product enhancements include a Spanish course and an upcoming rollout of German and French, with plans to add more languages. Fuelled by its new financing, the company will expand into eight additional markets while deepening its presence in eight where it has already met revenue targets. BeeSpeaker positions itself against traditional grammar- and flashcard-focused apps by emphasizing confidence in speaking over rote exercises. Although specific user or revenue figures were not disclosed, management highlights achieved revenue goals in core markets and a strategy centered on continued growth.

  • CYCLE

    Participated · Series A · Jul 2023

    CYCLE offers a vehicle-as-a-service model focused on cargo e-bikes for last-mile delivery, bundling subscription, repair and durable components to support a circular economy. The company serves delivery and courier customers and is already active in over 40 German cities and markets including Austria, Italy, Poland and the Netherlands. Customers include Just Eat Takeaway.com, Wolt, Flink and Gorillas/Getir, and CYCLE is building partnerships in pharmaceutical and parcel delivery sectors. Founded in 2018, the business pivoted from providing e-scooters to hotels to an all-in-one package for delivery services during the pandemic. With its own e-bike development and a pan-European service network, CYCLE aims to make cargo e-bikes more accessible and ensure uninterrupted fleet performance. The company plans further European expansion, including into the UK, to grow its fleet and win new customers in mail, parcel and other delivery segments. GetHenry provides enterprise-grade electric utility bikes, on-demand maintenance, financing and fleet management software to couriers and logistics firms. The company supplies fleets to customers including Gorillas, Flink and JustEatTakeaway.com and currently operates in Germany, Austria, Italy and France. Subscriptions average around €100 per month depending on country, and the bikes are German‑engineered and manufactured in partnership with a French e‑bike maker to handle roughly 80 kilometers per day with parcel loads. GetHenry offers round‑the‑clock maintenance and up‑to‑the‑minute vehicle data to customers. The startup plans to broaden its product portfolio to include cargo bikes and electric mopeds. It recently raised capital to support expansion and product diversification across Europe.

  • Hintech

    Led · Equity · Jul 2022

    Hintech builds a platform that continuously monitors podcast recordings published online and notifies users when specified keywords occur. The company’s technology focuses on improving subject categorisation and providing numerical data currently lacking in the podcast market. Hintech was founded by Wojciech Gilewski and Radosław Baczyński and is based in Poland. The broader podcast market context cited in the article notes roughly 2 million podcast accounts and about 48 million episodes. Hintech plans to use the new funding to advance its technology and expand platform functionality. Planned features include aggregating audience demographics, data on creators’ past marketing campaigns, and an expanded search engine.

  • upSWOT

    Participated · Seed · Mar 2021

    upSWOT offers an API-driven platform that connects, collects, and normalizes data from over 120 business software tools SMBs use (QuickBooks, Xero, Salesforce, Amazon, eBay, Shopify, FreshBooks, Sage, etc.). The product surfaces KPI dashboards, real-time insights, and automatic alerts so bank partners obtain actionable data to engage and help accelerate SMB growth. The company serves a diversified client base including US and European banks (Raiffeisen Bank Aval, Société Générale RosBank), fintechs (Tribal Credit), and non-banking FIs like MasterCard. upSWOT has a 45-person team and plans to expand its U.S. footprint, hire onshore staff to support deployments with Tier 1 and Tier 2 financial institutions, and further enhance the product. Founded in 2019, the company participated in the Berkeley SkyDeck accelerator.

  • Hepta Airborne

    Led · Equity · Feb 2021

    Hepta Airborne offers end-to-end power-line inspection and analysis, combining multisensor data capture (drones, helicopters, satellites) with its uBird software that automatically detects defects. The company says uBird converts more than 250 km of power-line data into actionable results in five minutes, a task that can take a single engineer 30 days manually. Hepta reports accuracy improvements of more than 33% over conventional methods and, in some cases, up to 400% increased fault detection. Their drones are designed for strong-wind operation (20 m/s and above) and can fly up to three hours with necessary payloads. Hepta was created in 2017 and is based in Tallinn. The company has long-term plans to build digital twins across infrastructures by adding humidity, soil, and weather data to simulate real-life conditions and predict future scenarios.

Team

  • Bartek Gola

    CEO and Managing Partner

    LinkedIn
  • Arkadiusz Piechocki

    Managing Partner

  • Michal Lehmann

    Managing Partner

  • Marcin Fejfer

    Managing Partner

    LinkedIn