Prodeko Ventures (PV) is a development company founded by the Industrial Engineering and Management Guild, Prodeko, and the Prodeko Alumni.

The mission of Prodeko Ventures is to encourage and support Prodeko-affiliated individuals and start-up companies in pursuing high-growth-oriented entrepreneurship. PV focuses on supporting ventures through the Prodeko alumni network, mentoring and selectively participating in early-stage capital investments in companies with Prodeko members in key positions.

Founded in 2015, Prodeko Ventures is backed by expertise, network and funding from nearly 200 Prodeko alumni. PV has supported close to 50 Prodeko-related ventures and continuously screens new opportunities to help the growth of the Prodeko start-up community.

Prodeko Ventures’ Strategy and Criteria for selecting the supported ventures:

• Stage: Usually biggest benefit of PV support is at the time of first round of external funding, e.g. pre-seed.

• Focus: High-growth-oriented start-ups

• Requirements: The venture must have a close affiliation with Prodeko

  • Committed and capable team with full time employee(s)

  • Prodeko members/alumni in key role 

  • Scaleable business model with international potential

  • Professional lead in the round

  • Potential for follow-on funding

  • PV investment creates impact

• Deal Flow: 3-7 new ventures supported per year

• Investments: Typically PV also provides early-stage funding for the ventures that it support with a €25,000–50,000 commitment in convertible notes, or, in cases involving a professional VC or Angel-led syndicate, as an equity investment