8 Czech VCs on green shoots, pandemic impacts and 2021 opportunities – TechCrunch

While London, Paris, Berlin and Stockholm feature regularly in tech coverage, the rest of Europe has been busy.

The Czech Republic may be better known for beer, hockey and the sights of Prague, but its entrepreneurial community is as ambitious as any. Pipedrive is an EU-based CRM company with offices in eight countries, but it has a Czech co-founder in VP of Product Martin Henk, one of several founders to emerge from the ecosystem.

Then there was Integromat, which did not raise any external capital but sold for around 2.5 billion crowns ($114 million), making its seven Czech founders into multimillionaires. Prague’s Memsource is valued at approximately 1.3 billion crowns or $59 million. But this is just the tip of the iceberg.

To unpack this rare gem of Europe’s startup scene, we spoke to eight area investors.

Among the trends they identified are startups in B2B, business automation processes, e-commerce, AI, SaaS and COVID-19-related solutions, as well as “smart”…

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