Tensor Ventures

Tensor Ventures is a Czech-Luxembourg deep tech venture capital firm headquartered in Prague, founded by Martin Drdul and Roman Smola. The firm invests at the Seed and Series A stages across AI, quantum computing, computational biotech, sustainable tech, security tech, and space technologies, with an initial check size around €1 million and up to €2.5 million per company. Tensor Ventures closed its first fund at €18.5 million, deploying across 20 startups over four years, and has since raised a second fund of €50 million — anchored by a €20 million commitment from the European Investment Fund. The firm's geographic focus spans Central and Eastern Europe (particularly the Czech Republic and V4 countries, the Baltics, and the Adriatic region) and the UK, with global reach through Silicon Valley and Asia networks. Tensor Ventures sources deals through proprietary methods including university referrals and employs in-house quantum and AI advisors to evaluate highly technical ventures. Notable portfolio exits include UltimateSuite (acquired by ServiceNow) and Neuronix AI (acquired by Microchip Technology). Founders can submit a pitch deck via the firm's website.