All Iron Ventures
Bilbao, Spain · AcceleratorFounded 2017. Seed-stage investor focused on marketplaces, e-commerce, and travel tech.
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Founded 2017. Seed-stage investor focused on marketplaces, e-commerce, and travel tech.
A Greek serial entrepreneur and investor, Apostolos frequently co-invests in Poland, especially in marketplaces. He has at least two Polish marketplace startups in his portfolio, one being Packhelp (custom packaging). He brings experience from the Southeastern European startup scene into Poland. Associated startups: Packhelp, e-food (expanded to Poland), and other e-commerce platforms.
An early-stage “angel fund” that invests in tech and communication startups, specializing in marketplaces, e-commerce, B2B, and IoT. It operates like an angel syndicate, with a portfolio including companies like Allani, Evenea, and Preply. Notable focus: seed-stage online platforms – Hedgehog provides capital plus hands-on involvement to spur growth (many of its investments later raised VC funding).
Just Eat began in Kolding in 2001 as one of the first online takeaway ordering marketplaces in Europe. After early traction in Denmark, the company relocated to London and expanded aggressively across Europe and beyond through acquisitions and country launches. Just Eat listed on the London Stock Exchange in 2014 and later merged with Takeaway.com, forming one of the largest food delivery groups globally. The company is a defining example of a Danish startup scaling into a multi-billion euro public business.
Founder of interior design marketplace Pixers, Maciej now actively mentors and funds young startups. Drawing on his e-commerce background, he has invested in projects like PCdoc and ScreenSHU, among others, to help new founders scale their services. Associated startups: PCdoc.pl, ScreenSHU, and various e-commerce/marketplace startups.
Founded 1999. Growth equity and VC firm investing in digital disruptors across CEE.
A successful e-commerce entrepreneur (founder of IAI/IdoSell platform), Paweł was recognized as Poland’s Business Angel of the Year 2024. After exiting his businesses, he actively reinvests in startups. His portfolio includes e-commerce and software firms like TakeDrop, IMKER, Solvbot, Piesotto, and Milkies. He brings hands-on operational expertise and often co-invests with other angels in the tech scene. Associated startups: IAI/IdoSell (founder), and investor in TakeDrop.pl, IMKER, Solvbot, Piesotto, Milkies, among others.
CEO/co-founder of Klarna, Sebastian has Polish roots and has made angel investments in Poland. He participated in funding for Warsaw-based custom packaging startup Packhelp, among others. His presence brings a bit of Scandinavian fintech savvy to the Polish ecosystem. Associated startups: Packhelp (and likely other Polish e-commerce enablers).
Founded 2014. Late seed and Series A fund focused on consumer digital brands and e-commerce.
Founded in 2007 by Peter Holten Muhlmann, Trustpilot is a Copenhagen-born consumer reviews platform that helps people share feedback about businesses and helps companies respond to and learn from customers. The platform operates a freemium model, pairing public reviews with paid tools for analytics, review invitations, and trust widgets. Trustpilot scaled internationally, opened major offices in London and New York, and went public on the London Stock Exchange in 2021. Today it hosts hundreds of millions of reviews and remains one of Denmark's best known global software successes.
Vivino is a Copenhagen founded wine discovery app that lets consumers scan labels and access crowd sourced ratings, tasting notes, and pricing. Founded in 2010 by Heini Zachariassen and Theis Sondergaard, Vivino built the largest wine data community and later expanded into a full marketplace where users can buy wines directly. The company has grown to tens of millions of users and has raised significant venture funding to expand internationally. Vivino is a standout Danish consumer tech company that blended mobile, computer vision, and commerce.
Hybrid VC fund and tech innovation hub founded in 2016 running accelerator programs at The Factory and investing in early-stage digital and fintech startups. Support: equity investment, mentorship from in-house experts, workspace access. Scope: National.