HOME›REPORTS›INVESTORS›REFLEX CAPITALQ3 2026 UPDATE

INVESTOR / DATA TO 30 SEPTEMBER 2026

Reflex Capital

5 venture rounds in the first 9 months of 2026, at 4 companies in 2 countries.

Reflex Capital is an investor headquartered in Czechia.

The scope is Central and Eastern Europe: every venture round since January 2024 at startups from the ten CEE countries our funding reports cover, in which public sources name Reflex Capital as an investor. Rounds we have seen outside CEE are listed separately, under the table. It is built from the same record as our quarterly funding reports, and updated with them.

At a glance

8
Rounds in 2024
3 led
3
Rounds in 2025
1 led
5
Rounds in 9M 2026
1 led
Rounds by stage and year
SHOW DATA
Rounds by stage and year
RowPre-seedSeedSeries AGrowthTotal
202426008
202502103
9M 202601405

9M 2026 runs to 30 September 2026.

Most frequent co-investors
Most frequent co-investors
InvestorRounds together
J&T Ventures7
Presto Ventures4
Alea Capital Partners2
Czech Founders VC2
Lighthouse Ventures2
Purple Ventures2
Smartlink Partners2
Tilia Impact Ventures2

Investors in two or more of the same rounds.

Countries and sectors

Rounds by company country, 2024 to 9M 2026

A company counts where it is headquartered, or where it started if it later moved abroad.

Rounds by country
Rounds by company country
CountryRoundsShare
Czechia1275%
Slovakia213%
Ukraine213%
Rounds by sector and year
SHOW DATA
Rounds by sector and year
Row202420259M 2026
Marketing and media302
Enterprise software211
Food and agri202
AI101
Mobility and logistics011
Other210

A company can sit in several sectors, so sector counts overlap. Other: no sector on record.

Every round on record

Newest first. Reflex Capital led 5 of them. Each company links to the announcement of the round.

Venture rounds naming Reflex Capital since 2024 in the ten CEE countries
CompanyCountryMonthStageRound sizeLedCo-investors
grid.onlineCzechiaJun 2026Series A€4.0mJ&T Ventures, Movens Capital, DFF Ventures
MerchanteeCzechiaJun 2026Seed€1.2mYesLighthouse Ventures, Czech Founders VC
FaceUpCzechiaMay 2026Series A€4.5mFil Rouge Capital, Jiri Hlavenka, Slovakia Venture to Future Fund, Tilia Impact Ventures, Gi21 Capital, JIC Ventures
ChoiceCzechiaMar 2026Series A€6.0mJ&T Ventures, Presto Ventures, Purple Ventures, Smartlink Partners, Alea Capital Partners
ChoiceUkraineMar 2026Series A€6.5mAlea Capital Partners, Smartlink Partners, J&T Ventures, Presto Ventures, Purple Ventures
BoataroundSlovakiaNov 2025Seed€1.0mMiton, Crowdberry
Supernova StudioCzechiaSep 2025Series A€8.4mY Combinator, Wing Venture Capital, Credo Ventures, EQT Ventures, J&T Ventures, KAYA VC, Taiwania Capital
grid.onlineCzechiaFeb 2025Seed€1.5mYesJ&T Ventures, Grid Invest
FaceUpCzechiaOct 2024Seed€2.8mYesLighthouse Ventures, Tilia Impact Ventures
BoataroundSlovakiaMay 2024Seed€5.5mYes-
Product FruitsCzechiaMay 2024Seed€1.4mYes-
Flow-nutritionCzechiaMar 2024Pre-seed€0.4m-
ChoiceCzechiaFeb 2024Seed€2.3mJ&T Ventures, Presto Ventures
ChoiceUkraineFeb 2024Seed€2.3mJ&T Ventures, Presto Ventures
MerchanteeCzechiaFeb 2024Pre-seed€0.6mCzech Founders VC
ContemberCzechiaJan 2024SeedUndisclosed-

Exits

Companies Reflex Capital backed that were sold or listed, or where a new investor bought out the earlier ones. Each links to its announcement.

No exits on record.

How this list is made

  • A round is listed when a company, investor or press announcement, or a startup database, names Reflex Capital among its investors. Each listed round links to its announcement where one is on record.
  • Amounts are the size of the whole round, not the part Reflex Capital invested. Amounts are in euros, converted at about 1.10 US dollars to the euro.
  • Stages follow the funding reports: the label the company announced, placed by size where the label clearly does not fit.
  • Rounds that were never announced, or that do not name their investors, are not here, so the list is a floor.

The whole market: CEE startup funding report. Next update: January 2027.

Raising pre-seed or seed in CEE

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