LAUNCHub Fund III
LAUNCHub Fund III backs early-stage technology companies founded in Central and Southeast Europe and the region’s diaspora.
€65MFund first close
ParticipantEB
European Bank for Reconstruction and Development
Activity from announced rounds
Activity in this selectionOct 19, 2026 · Jul 22, 2026
The European Bank for Reconstruction and Development, abbreviated EBRD, is the development bank identified in Paymob and Sportano announcements.
Recorded funding activity
Paymob supplies online and in-person merchant payment infrastructure. Sportano sells sports equipment and clothing across European markets, while Alcatraz develops facial authentication for physical access. The bank’s attribution remains separate from explicitly named investment programs.
- Rounds participated in
- 3
- Confirmed lead rounds
- 1 All roles disclosed
- New companies
- 3 First participation on record · 0 follow-on
- Funding in participating rounds
- $125.8M 3 disclosed · full round size, not this investor’s share
By stage
By primary sector
By country
Rounds
3 in this selectionPaymob
Omnichannel payment infrastructure that lets merchants accept online and in-person payments through cards, wallets, installments and other local methods, with integrated checkout, POS and payment-management tools.
$35MPre-Series C
LeadSportano
An online multibrand sports retailer selling equipment, clothing, footwear and accessories across dozens of sports and European markets.
€15MGrowth equity investment
Participant