EBRD Venture Capital – H2 2025 Update

1 day ago
3 min read

The second half of 2025 has been an exciting one for EBRD VC, marked by 2 new investments and 3 follow-on rounds! Confidentiality holds us up from sharing at this point but stay tuned for announcements in the coming weeks...

Meanwhile, here is a short summary of what’s going on in our portfolio and where you can meet us in 2026!

📢 Portfolio News

Nomagic was selected by Zalando, Europe’s leading online fashion and lifestyle platform, to accelerate the automation of its fulfilment centres. Following a successful pilot project that achieved over 10,000 picks per day, Zalando will now scale the deployment of Nomagic’s robots across its network with 9 systems live in 2025 and double digit expansion planned for 2026. (Read more)

Causaly launched the Causaly Agentic Research platform, which unifies R&D, automates up to 80% of workflows, applies domain reasoning, and surfaces hidden insights in one transparent collaborative platform to advance science with precision and speed. (Read more)
Picsart introduced Picsart Ignite, a new suite of AI-powered creative tools aimed at simplifying design and digital content creation for creators and businesses alike. The platform bundles generative AI capabilities to accelerate creative work across images, video, and marketing content. (Read more)

Amenli was recognized as the only African Insurtech company in CB Insights’ 2025 Global Top 50 Insurtech list, highlighting its rising global profile and leadership in digital insurance innovation. Amenli continues to scale its online brokerage platform aimed at expanding insurance accessibility for individuals, families and SMEs across MENA.
Axoflow launched its Security Data Layer, extending its data pipeline offering with multiple storage solutions. This allows organisations to decouple storage from their SIEM, run analytics and AI models on local data and send only what is needed to external systems. (Read more)
Brightpick unveiled Autopicker 2.0, its next‑generation multi‑purpose warehouse robot delivering human‑level picking performance with up to 70–80 picks/hour and significant throughput gains versus prior models. Powered by advanced AI, 3D vision and adaptive decision‑making, the solution is live with customers and helping warehouses run 24/7 with minimal supervision. (Read more)
PandaDoc secured €5M in funding from Índico Capital Partners to accelerate its AI capabilities and grow its Lisbon hub, reinforcing its leadership in document automation for proposals, contracts, quotes, invoicing, and payments. This strategic capital will fuel advanced AI feature development and strengthen European operations as the company continues expanding its global footprint. (Read more)
BasharSoft has acquired Egypt’s career services leader iCareer and its Recruitera ATS, creating the country’s largest integrated employment and HR tech group and accelerating regional expansion into Saudi Arabia, the GCC & MENA. (Read more)

🌍 Event Highlights

Over the past few months, our team has been actively sharing insights on leading tech stages across the region:

At How to Web, Amine Chabane unpacked the key signals that indicate when a company is ready to scale in the U.S. market, and the best practices to do it right.
At Istanbul Slush'D, Yalcin Gungoren explored how high-growth companies can strategically leverage venture debt as part of their financing journey.
And at Sarajevo Slush'D , Bruno Lusic shared perspectives on how founders across the Balkans can differentiate themselves and stand out in an increasingly global funding landscape.

Our teams were also on the move, connecting with founders, partners, and the ecosystems at Slush (Helsinki, Finland), Engaged Investments Conference (Prague, Czech Republic) and unlock VC (Paris, France).