Kaya VC

VC Prague, Czech Republic · Founded 2011

Kaya VC is an early-stage venture capital firm that partners with high-agency, intellectually agile founders across Central and Eastern Europe, DACH, and the Baltics. The fund actively backs transformative startups from the pre-seed to Series A stages, providing initial checks alongside long-term operational support.

About Kaya VC

Kaya VC, formerly known as Enern, is a Prague-based early-stage venture fund investing in technical founders across Central and Eastern Europe and selectively other parts of Europe, with a generalist thesis spanning software, fintech, healthcare, and consumer. The fund writes initial checks of roughly EUR 500K to EUR 5M from seed through Series A, can lead rounds, and has a track record including Twisto and Booksy. Healthcare exposure is partial and opportunistic, with selective digital health and healthcare software bets where the team is technical and the market is regional or global. AI focus is welcome but not a primary thesis. Founders best suited are seed and Series A CEOs in Central and Eastern Europe, particularly Czech Republic, Poland, and Slovakia, building software-driven businesses including digital health, who want a regionally-connected lead with relationships to Western European follow-on investors. Founders who do not fit include US-only digital health teams, therapeutics, devices, and capital-intensive businesses. Geographic preference is Central and Eastern Europe with selective exposure to other parts of Europe. The entry path is warm introduction through a Prague or Warsaw-area operator, a portfolio CEO, or a co-investor at funds like Credo, Inovo, or Speedinvest. LinkedIn outreach to a partner with a focused regional market summary and traction metrics is a reasonable secondary option. Expect commercial diligence specific to Central European market dynamics and a partner that values long-term regional commitment.

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Healthcare AI tools backed by Kaya VC

Tools made by companies in Kaya VC's portfolio that we cover in the directory.

Upheal
Upheal
Mental & Behavioral Health AI
Upheal is an AI-assisted platform designed for mental health professionals, functioning as an AI-native Electronic Health Record (EHR) system. It is primarily intended for individual providers and small to early-stage group practices in mental healthcare settings. The platform aims to streamline clinical and practice workflows by offering features such as AI-generated therapy notes, automated scheduling, […]

Portfolio companies in our directory

Other portfolio companies

Companies in Kaya VC's portfolio not currently in our directory.

Team

Tomas Obrtac
General Partner
LinkedIn
Tomas Pacinda
General Partner
LinkedIn
Martin Rajcan
General Partner
LinkedIn
Karel Zheng
General Partner
LinkedIn
Pavel Mucha
Partner
LinkedIn

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Last updated 2026-05-06. Sourced from this fund's published materials.
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