We don’t wait for opportunities. We build them.
A boutique ASI investment fund from Kraków. We invest across the ecosystem and with conviction in deeptech, biotech, foodtech, energy and alternative asset classes — from startups to listed companies.
Added value as
investment strategy.
We are not just another VC/PE. We are a family fund that treats every portfolio company as a partner and places growth above all else. Together.
ART-Tech Alternatywna Spółka Inwestycyjna is a boutique fund supporting the most compelling and innovative technology companies in Poland and Central and Eastern Europe.
Drawing on the potential of our investments and an ecosystem of hundreds of companies and thousands of people, we help portfolio companies scale rapidly — from seed to IPO. We operate on the basis of an entry in the register of ASI managers maintained by the Polish Financial Supervision Authority (KNF).
We create added value
We develop innovative ecosystems and business structures that drive the growth of portfolio companies and open new markets.
We build collaborative networks
Through our companies and organizations we integrate partners and together build strong networks of collaboration across the CEE region.
We actively support our companies
We support the dynamic growth of portfolio companies so they can scale faster and more effectively — operationally, financially and strategically.
Asset class diversification
From technology and art to real estate, premium collections and alternative asset classes — broad, deliberate exposure.
Four perspectives.
One fund.
Łukasz Kaleta
Entrepreneur, business angel and investor. Founder and CEO of ART-Tech ASI, co-founder and CEO of Office & Cowork Centre S.A. and BiznesHUB, CEO of Nexity Global S.A. Since 2017, co-creator of the largest innovation ecosystem in Poland and CEE.
LinkedIn ↗Jakub Mościcki
Vice-president of the Blockchain and New Technologies Chamber of Commerce, expert in crypto and blockchain markets and financial fraud detection. Author of several books, incl. „Nie Inwestuj”.
LinkedIn ↗Paweł Chmielnicki
Enterprise & Data Architect with nearly 20 years in IT — incl. Accenture, CGI, Citi and Mobica (Internal Transformation CTO). Real-estate investor; brings technology and AI expertise to the Fund.
LinkedIn ↗Marek Palka
Automation and innovation expert, Interim COO and digital transformation strategist. 17 years of experience, incl. 13 in SaaS. PLN 3M of operational savings identified (2025); co-creator of an app with 230k+ users.
LinkedIn ↗Eight investment areas where we see growth
Construction
Evolution from simple forms to smart buildings and advanced engineering structures.
Communications
Telecommunications, information systems and next-generation connectivity.
Food
FoodTech, molecular food and sustainable food technologies.
Health
Biotechnology, medicine, genetics and advanced healthcare solutions.
Energy
Renewables, battery technologies, energy storage and CleanTech.
Finance
FinTech, digital infrastructure, public utilities and modern financial services.
Education
EdTech, learning platforms and technologies that support lifelong learning.
Entertainment
GameDev, digital media, VR/AR technologies and new forms of interactive entertainment.
23 positions
in deliberate exposure.
Capital allocation:
a portfolio in four voices.
Value that
grows.
Two independent perspectives on portfolio valuation: a conservative independent appraisal and the Management Board’s transaction-based valuation.
31.12.2023 → 31.12.2025
2023 → 04.2026
15 companies + 8 artworks
and target for year-end 2026
Independent appraisal prepared on 01.07.2026 (as of 31.12.2025) — methods: DCF, adjusted net assets, market quotations, investment rounds, expert appraisals. The transaction-based valuation (30.04.2026) is the Management Board’s internal valuation and does not constitute an opinion of an independent statutory auditor. Valuations of private companies rely on estimates that may change.
Capital at work
in new areas.
AT Estate
A special-purpose vehicle acquiring distressed service properties below market value. First acquisitions completed in the first half of 2026.
Funventure
Investment in the Funventure game studio — the Fund’s selective return to gamedev exposure, backed by ecosystem experience.
100% of new investors’ capital goes into new investments — deeptech, tech and AI (incl. edutech, HRtech, gamedev). Special-purpose vehicles finance themselves independently — the Fund supports them with guarantees only, without allocating investors’ capital.
A constellation of companies
and mutual connections.
Quality, ethics
and flexibility.
Transparent fee structure
Standard market management fee and a success fee tied to clearing the hurdle rate. We earn when our investors earn — full alignment of interests.
Preferred return of capital
Waterfall model: equity investors are first to recover invested capital together with the preferred rate of return. Protecting your capital is the priority.
The flexibility of a family fund
No corporate bureaucracy. Bespoke terms for key investors, fast decisions and direct access to the management team.
From scouting
to exit.
Identification
Scouting innovative companies through our ecosystem, networks and industry events across Poland and Europe.
Due Diligence
In-depth analysis of business model, team, market and growth potential. Assessment of risks and synergies with the portfolio.
Investment
Transaction structuring and capital commitment tailored to the company's needs and stage of development.
Growth & Exit
Active operational support, access to the ecosystem and network, preparation for follow-on rounds or exit.
Alternative assets:
art as an asset class.
Fijewski Gallery
A leading contemporary art gallery with locations in Warsaw, Zurich and Miami. It specializes in promoting artists from the CEE region, curating exhibitions on the global art scene and providing collector advisory services.
We work with the gallery on the acquisition of sculptures and paintings for the fund's portfolio — art as a true, uncorrelated asset class.
Let's talk
about working together.
The fund's offering is addressed exclusively to professional clients within the meaning of the Polish Act on Investment Funds. Get in touch — we will respond within 48 hours.
Legal status, KNF supervision and risk warnings.
- ZASI No.
- PLZASI00321
- AIC type
- Internally managed AIC
- Registered
- 2022-08-16
- Court
- District Court for Kraków-Śródmieście, 11th Commercial Division of the National Court Register