Early-Stage Venture Capital

Seeking the Stars
of Tomorrow.

We support Polish founders on their journey from the first spark to a scalable business, backing Growth & People Tech.
From HR, MarTech and CyberSec to tools that drive business growth, streamline processes and communication, where teams build AI solutions designed to be truly disruptive, not just incremental.

✦ per aspera ad astra ✦
Why Stelo?

A fund created for those who aim for the stars.

"Stelo" means star in Esperanto – for us, it’s a symbol of founders who see further than others. We are not passive capital: as a pre-seed VC, we bring experience from VC funds, startup accelerators and our own tech ventures with successful exits, combined with deep familiarity with the Growth Equity market, other VCs, venture builders and corporates.

To 5M TICKET + FOLLOW ON (PLN)
70-80M CAPITAL (PLN)
20 INVESTMENTS
500+ ANNUAL DEALFLOW

VC Fund Experience

Partners originating from KnowledgeHub Starter. We know this ecosystem inside out.

Builder Mindset

Not just capital. We help with validation, offer building, and acquiring first clients.

Capital Partnerships

Partnerships with VC and growth equity funds make it easier for our portfolio startups to secure follow-on financing.

Quality Network

A broad network of business angels, venture builders and funds ensures unique dealflow and best projects.

Investment Thesis

Four pillars of our investments.

AI-First Disruptors

Predictive models, unique data, and architecture that is hard to copy.

Global Ready

Deeptech & IP

Idea/prototype stage projects based on research and intellectual property (IP).

High Potential

EU Regulatory Edge

Compliance and privacy for data-heavy products in MarTech, HR Tech and CyberSec. Using EU regulations as a competitive advantage.

Defensibility

Local Champions

B2B SaaS, Marketplaces and Legacy Industry Digitizers with >100M PLN potential on the PL & CEE market.

Regional Growth
Team

People who know the market.

Grzegorz Chyliński

Managing Partner

Entrepreneur and Executive with a background in digital and mobile advertising, having created multiple innovative tech projects.
VC Partner at KH Starter (Exit phase).

Combines technology knowledge with operational expertise.

Jarosław Pająk

Managing Partner

Experienced intrapreneur implementing innovation in Digital Marketing. Co-creator of Mspark – the first MarTech accelerator in Poland.
Ex-Innovation Director at WPP Media.

Helping with Product Market Fit and Smart Money.

Krzysztof Dębowski

Venture Partner

Serial entrepreneur and tech investor with experience in building SaaS companies and wide network.
VC Partner at KH Starter (Exit phase)

B2B SaaS expert, empowering founders to secure their next funding rounds.

Ready for liftoff?

Send us your deck. We reply to every submission.

Apply to Stelo