Ondrej Bartos Arhive

Portofoliul din Romania de start-upuri in care a investit fondul ceh de capital de risc Credo Ventures a produs de peste 50 de ori mai mult in raport cu capitalul investit.

“Am investit in start-up-urile din Romania pana acum in jurul a 16-18 mil. euro. Ele au produs de peste 50 de ori fata de ce am investit“, a spus la MIRSANU DEALMAKERS SUMMIT 2021 Ondrej Bartos, Co-fondator si General Partner al Credo Ventures, ceea ce indica o valoare a portofoliului romanesc de peste 800-900 mil. euro.

Credo Ventures a fost alaturi de Earlybird unul dintre primii investitori de venture capital in UiPath, afacerea fondata de Daniel Dines si listata in acest an pe bursa de la New York la o capitalizare de piata care a depasit inclusiv pragul de 40 mld. dolari.

Credo Ventures a mai investit inafara de UiPath si in alte start-upuri locale precum Brainient, TypingDNA, DCS sau in Ezra.

“In Romania, cel mai mare succes al nostru este UiPath, unde am investit alaturi de Earlybird si Seedcamp in 2015 in prima runda de finantare, cand erau doar 10 oameni la UiPath. Acesta a fost cel mai mare succes aici. Mai avem cateva investitii in Romania prea devreme de spus, noi avem desigur mari sperante pentru ele. Cea mai recenta investitie a noastra in Romania a fost intr-un start up numit Archbee – o platforma colaborativa si de documentare pentru dezvoltatori si cautam sa mai investim“ , afirma Ondrej Bartos, care mai spune ca este prea devreme pentru a spune daca vreuna din investitiile locale va deveni unicorn.

“Nu cred ca pot fi prea specific la ce ne uitam in Romania sau in regiune, dar la nivel general investim acum dintr-un fond de 100 mil. euro, care este destinat pentru investitii early stage start up in Europa Centrala si de Est. In ansamblu, industria este infloritoare daca ne uitam la capitalul disponibil si capitalul investit in Europa Centrala si de Est, cateva exemple bune sunt FintechOS care tocmai a ridicat peste 50 mil. dolari, Payhawk din Bulgaria o runda de finantare de aproape 150 mil. USD sau Rossum din Cehia a strans 100 mil. USD in runde de finantare pe care nu le-am vazut in Europa Centrala si de Est inainte de pandemie ori in 2020. Ca sa tragem o concluzie, nu au fost niciodata vremuri mai bune pentru start-upuri si companii de tehnologie pentru a strange bani de la investitori, in special in CEE. Vom vedea unde se va ajunge de aici“, explica Ondrej Bartos.

Perioada de pandemie a venit si cu bune si cu rele in industria de VC, daca pe de o parte piata este la un nivel record, pe de alta parte au aparut si provocari pentru fondurile de VC.

“Disponibilitatea capitalului a impins preturile in sus si astfel evaluarile start-up-urilor si a companiilor de tehnologie au crescut nebuneste, iar concurenta cu investitorii din intreaga lume a crescut viteza in tranzactii iar investitiile se finalizeaza mult mai repede ceea ce uneori merge impotriva unei analize de due diligence atente pe care am vazut-o pana recent in industrie“, puncteaza Ondrej Bartos de la Credo Ventures.

In timpul pandemiei, a devenit aproape irelevant ca investitorii vorbeau cu companii din Silicon Valley sau din Iasi, Bucuresti, Budapesta, pentru ca fiecare a inceput sa se adapteze la ceea ce numim Zoom investing, afirma co-fondatorul fondului ceh cu capital de risc.

Anul 2021 a fost probabil cel mai nebun an in industria de Venture capital in termeni de capital disponibil si capital investit, iar acest trend nu exclude Europa Centrala si de Est, iar in 2022 nu se vad motive de incetinire semnificativa datorita capitalului disponibil, dar ramane de vazut, estimeaza Ondrej Bartos, Co-fondator si General Partner al Credo Ventures, fond de VC activ pe pietele din Europa Centrala.

La nivel global, in trimestrul al treilea industria de VC a atras investitii de 160 mld. USD fata de un nivel pre-pandemie de 80 mld. USD.

“Daca in 2020 am avut 20 de unicorni inainte de pandemie, cred ca in ultimul trimestru am ajuns la 140 unicorni noi globali creati, trend alimentat in special de megarunde de finantare, dar am vazut o crestere uriasa si in finantarea early stage care in ultimul an s-a dublat pana in trimestrul 3 la 50 mld. USD“, a mai spus Ondrej Bartos in cadrul evenimentului organizat de catre jurnalul de tranzactii MIRSANU.RO.

Partenerii MIRSANU DEALMAKERS SUMMIT 2021 sunt Immofinanz, Dentons, Bursa de Valori București, ING Bank România, Prefera Foods, Alro, Mazars, Schoenherr și DLA Piper România.

Ondrej Bartos, Co-Founder, General Partner for Credo Ventures is one of the speakers of MIRSANU DEALMAKERS SUMMIT 2021 in the opening panel dedicated to international trends that shapes major corporative transactions.

Ondrej started his career as an entrepreneur when still in college. In the late 90s he co-founded and managed several companies in event management, consulting and IT. Relatively soon he’d realized that he doesn’t have what it takes to make a truly successful entrepreneur, so he turned consultant and angel investor.

He also founded and ran Czech chapter of the networking platform First Tuesday and after the decay of the global organization after the dot com bust, he morphed it into a member-based networking and knowledge platform TUESDAY Business Network which became a centrepiece of the early startup movement in the Czech Republic and Slovakia.

In 2004 – 2008 he served as Senior Investment Director with MCI Management, VC & PE firm based out of Poland. In 2009 he together with Jan started preparations for the launch of Credo which took place in late 2010 when it raised its pilot fund with 18 million euros. In 2009 he was one of the investors in the Czech edition of TV show Dragons’ Den.

Currently Ondrej is focused on investments in the Czech Republic, Slovakia and Romania, he also looks at Bulgaria. His main passion is finding outstanding founders and great talent, and helping them with guidance and advice. In his free time he likes spending time with his family, traveling, playing tennis (badly) and golf (terribly), generally trying to stay active. He also likes good reads and was arguably one of two first Kindle owners in the Czech Republic.

Ondrej has a degree from University of Economics Prague and is a 2009 Eisenhower Fellow.

On December 10, 2021, MIRSANU.RO transaction journal is hosting MIRSANU DEALMAKERS SUMMIT 2021, an event dedicated to the community of corporate transactions – mergers & acquisitions (M&A), financing, capital market transactions and real estate transactions.

The agenda of the event will be as follows:

09:50 – 10:00 Introduction by the event moderator

10.00 – 10.10 Keynote speaker

10.10 – 11.00 Panel on international macro trends and local trends that will shape the major corporate deals

11.00 – 11.50 Panel on the mergers & acquisitions (M&A) market

11.50 – 12.10 Study Case

12.10 – 13.00 Panel on corporate financing

13.00 – 13.20 Developments on the real estate market

13.20 – 14.20 Break

14.20 – 15.10 Roundtable panel on private equity & venture capital

15.10 – 15.30 Q&A ESG

15.30 – 16.20 Deals on the capital markets

16.20 – 16.30 Opportunities room

16.30 – 17.20 Debate: Buyers v Sellers

17.20 – 17.30 Event conclusions

The event’s partners are Immofinanz, Dentons, Bucharest Stock Exchange, ING Bank Romania, Prefera Foods, Alro, Mazars, Schoenherr and DLA Piper Romania.

If you are interested in attending this event, please contact us at: office@mirsanu.ro.

About MIRSANU.RO

MIRSANU.RO is the first Romanian media product consisting of news, analyses, interviews and opinions exclusively addressing transactions and industry professionals. We provide information on three main areas – mergers & acquisitions (M&A), financing, and capital market transactions. MIRSANU.RO is a B2B (BUSINESS TO BUSINESS) media product exclusively targeting executives, entrepreneurs, business owners, investors and funders, as well as a B2P (BUSINESS TO PROFESSIONALS) product, with information addressing the activity of the professional merger & acquisition (M&A) and overall deal making community, consisting of investment fund managers, lawyers, investment bankers, bankers, strategy consultants, auditors, as well as other transaction-related professional service providers.

Arhive etichete: Ondrej Bartos

Ondrej Bartos, Co-Founder, General Partner Credo Ventures, speaker of MIRSANU DEALMAKERS SUMMIT 2021