Launching Big Pi Growth I, the first tech growth equity fund out of Southeast Europe

Big Pi Ventures announces the launch of Big Pi Growth I, the first tech growth equity fund out of Greece and Southeast Europe. The fund completed its first closing at €130 million in June, has already made its first investment and targets a €200 million final closing.

Big Pi Growth I is managed by Big Pi Ventures: the largest multi-stage tech investment platform in the region, with a total AUM of c.€250 million today (including the final closing of an early stage fund earlier this year) and ability to support high-growth tech businesses across both early stage and late-stage growth lifecycles.

Big Pi Growth’s mission is to supercharge high-growth European tech scale-ups on their path to market leadership. The fund helps address the pressing need for scale-up capital in Europe. It bridges the critical gap between early-stage startup funding and late stage/buyout/IPO stage, a key constraint to Europe's capacity to innovate and compete effectively on a global scale.

The fund will deploy sizable tickets of €7–20+ million per company as lead investor, combining capital with operational and financial expertise to boost growth, both organically and through M&A.

Big Pi Growth’s hands-on value creation playbook consists of two main vectors: support single-market or regional leaders on their journey to international expansion - and assist standout international businesses in setting-up and relentlessly drive efficiencies from key operational hubs in Greece/ Southeast Europe. Leveraging its team’s diverse and highly international backgrounds in investing, business building, deal-making including IPOs, finance, management & operations, and footholds in London, Paris and the US, Big Pi Growth will support high-potential founders and their teams in every step of the way.

This strategy is reinforced by our established position in an attractive region benefitting from highly skilled tech talent, supportive incentive programmes and a connected global diaspora. It is further enabled by the fund’s broad and relevant investor base, comprising of top organizations, financial institutions including top banks corporates, industrialists and tech founders from the region. The Hellenic Development Bank of Investments is participating as the cornerstone investor, through the RRF program “Greece 2.0”.

In July, Big Pi Growth I completed its first investment, in leading digital healthcare platform Numan - underscoring its commitment to back transformative companies.