Tensor Ventures
Overview
Tensor Ventures is a venture capital firm based in Prague, Czech Republic, focusing on deep tech innovation. It was founded in 2018 by Martin Drdul, Roman Smola, and Petr Ulvr. The firm aims to back startups that push the boundaries of technology in fields such as AI, quantum computing, biotech, and more. Tensor Ventures has raised substantial amounts for its fund, including significant contributions like EUR 20 million from the European Investment Fund towards a targeted fund size of EUR 50 million. The firm primarily invests in Seed and Series A rounds across multiple countries.
Recent Developments
- April 2025: Tensor Ventures has invested in QurieGen and Wultra, its two investments for the year. QurieGen is set to accelerate oncology drug development, while Wultra is focused on post-quantum cybersecurity.
- March 2025: The firm backed Edmund AI with a €500k investment for AI-powered automation in manufacturing. DYNANIC also made progress with its SmartNIC technology, attracting attention from major players like Microsoft.
- February 2025: Openvibe received an $800k investment from Tensor Ventures to innovate decentralized social networks. The firm also emphasized trends such as AI, robotics, and semiconductor investments reshaping industries.
- October 2024: Tensor Ventures announced a new fund targeting EUR 50 million, aimed at expanding its reach in sectors like quantum technologies, biotech, and sustainable tech. This fund builds on the success of its first EUR 18.5 million fund.
- January 2025: Tensor Ventures raised €3M for Wultra to enhance its post-quantum authentication technology, anticipating a significant shift in cybersecurity threats.
Company Information
| Attribute | Information |
|---|---|
| Founding Date | 2018 |
| Headquarters | Prague, Czech Republic |
| Founders | Martin Drdul, Roman Smola, Petr Ulvr |
| Key Investors | European Investment Fund, Venture Club |
| Industry | Venture Capital, Deep Tech |
| Number of Employees | Approximately 8 |
Early History
Founded in 2018, Tensor Ventures emerged as a venture capital firm with the vision to support breakthrough technologies. With its headquarters in Prague, Czech Republic, the firm was initiated by seasoned entrepreneurs and investors Martin Drdul, Roman Smola, and Petr Ulvr. Their goal was to identify and invest in early-stage startups that held the potential for significant technological advancements. Starting with a modest team, Tensor Ventures focused its initial efforts on sectors such as AI, blockchain, and biotech. Over the years, they built a reputation for spotting innovative but complex ideas that traditional investors often overlooked due to perceived risks.
Company Profile and Achievements
Tensor Ventures operates primarily within the deep tech sector, emphasizing investments in groundbreaking and high-potential technologies. The firm has a diverse investment portfolio:
- Focus on AI, Quantum Computing, Biotech, and Sustainable Tech.
- Successfully launched a EUR 50 million fund to continue investing in deep-tech startups.
- Championed exits such as Neuronix AI and secured major investments from European institutional investors.
- Played a significant role in scaling startups like UltimateSuite, which was acquired by international entities.
- Emphasized collaboration with world-class universities and VC partners across continents to harness emerging tech innovation and talent.
Current Operations and Market Position
Tensor Ventures actively manages a portfolio of investments that push the envelope in deep tech. It has a prominent presence in the venture capital ecosystem, with significant operations not only in the Czech Republic but also internationally, spanning markets like the United States and the United Kingdom. The firm continues to invest in innovative sectors and maintains strategic initiatives including:
- Expansion into post-quantum cybersecurity with companies like Wultra.
- Exploration of space technologies as a new investment area.
- Partnerships with institutions like the European Investment Fund to drive future tech developments.
- Frequent involvement in industry events and forums that help shape the tech investment landscape.
Conclusion
Tensor Ventures stands as an influential player in the realm of venture capital, especially within the deep tech space. Its commitment to fostering innovation in AI, quantum computing, and biotech has not only strengthened its market position but also contributed significantly to the advancement of these technologies. Moving forward, Tensor Ventures will likely continue to leverage its robust fund and strategic partnerships to fuel the next wave of tech innovation, potentially setting new industry standards and driving significant technological breakthroughs on a global scale.