LAUNCHub Fund III reaches €65 million first close
The fund will back early-stage founders across Central and Southeast Europe, with a final target above €75 million.
LAUNCHub announced a €65 million first close for Fund III on October 1, 2026. The European Investment Fund and the European Bank for Reconstruction and Development are among its institutional backers, alongside entrepreneurs, family offices and former portfolio founders.
The fund targets a final size above €75 million and plans around 25 investments over five years. Initial checks will range from €300,000 to €3 million, with capital reserved to support selected companies at Series A.
Fund III focuses on pre-seed and seed companies from Central and Southeast Europe and the region’s diaspora. LAUNCHub plans to lead or co-lead rounds of up to €7 million, continuing its early-stage investment strategy.
Use of funds
Make about25 pre-seed and seed investments in CEE and SEE founders over five years
Reserve capital for selected Series A follow-on investments
Funding history
Sources
- LAUNCHub Fund III launchub-first-close-primarylinkedin.com · Oct 1, 2026
- LAUNCHub Fund III launchub-fund-iii-kidassets.super.so · Dec 15, 2025
- LAUNCHub Fund III launchub-ifc-primarydisclosures.ifc.org · Oct 1, 2026
- LAUNCHub Fund III launchub-ebrd-primaryebrd.com · Mar 9, 2026
- LAUNCHub Fund III eu-startupseu-startups.com · Oct 1, 2026