Kaya VC is a Prague-based early-stage venture capital firm backing founders from Central and Eastern Europe and its diaspora. Formerly known as Enern Investments, the firm invests from pre-seed to Series A across a range of technology sectors.
32% of their portfolio is in Healthcare. Deal activity decreased year-over-year (2 deals in the last 12 months vs 3 prior). Their most common stage is series-a (43% of deals). Average disclosed round size is $13.4M (across 20 rounds with reported amounts).
Portfolio
20
Fund Size
—
Top Stage
Series A
Last 12 Mo
2
Team
KZ
Karel Zheng
General Partner
TO
Tomas Obrtac
General Partner
TP
Tomas Pacinda
General Partner
Martin Schmid
Venture Partner
PM
Pavel Mucha
Partner
VT
Vojtech Tomsu
Analyst
VR
Vaclav Ryslink
Investor
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
28 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Viktor | Series A | $75M | Jan 2026 |
 Jutro Medical | Series A | — | Dec 2025 |
 Supernova | Series A | $9.2M | Sep 2025 |
 E2B | Series A | $21M | Jul 2025 |
 TopK | Seed | — | Jul 2025 |
| Jutro Medical | Series A | — | Mar 2025 |
| Jutro Medical | Series A | — | Jan 2025 |
 Yonedalabs | Seed | $4.6M | Mar 2024 |
 Better Stack | Series A | $10M | Jan 2024 |
 Artificial Agency | Seed | $12M | Jan 2024 |
 Trueclaim | Pre-Seed | $2.1M | Jan 2024 |
| Supernova | Seed | $4.8M | Nov 2022 |
| Better Stack | Series A | $18.6M | Jul 2022 |
 Sanzo | Series A | $10M | Feb 2022 |
| Better Stack | Growth | $10M | Jan 2022 |
 Healee | Seed | $2M | Jan 2022 |
 Cardiomatics | Seed | $3.2M | Aug 2021 |
 Nuvoair | Series A | $12M | Jun 2021 |
 Rohlik | Growth | — | Mar 2021 |
 Bnext | Series B | $25M | Sep 2019 |
 Docplanner | Series E | — | May 2019 |
 Finiata | Series A | — | Dec 2017 |
| Docplanner | Series C | $20M | Jun 2016 |
 Supernova | Series A | $9.2M | — |
 Theorema | Pre-Seed | — | — |
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Top Co-Investors
Credo Ventures6 shared
Y Combinator5 shared
EQT Ventures4 shared
Fuel Ventures3 shared
Wing Venture Capital3 shared
Creandum3 shared
K5 Global3 shared
Warsaw Equity Group2 shared
Inovo2 shared
J&T Ventures2 shared
Reflex Capital2 shared
Susa Ventures2 shared
Redalpine2 shared
DNS Capital2 shared
Nina Capital2 shared
Sunflower Capital2 shared
Decibel2 shared
private angel investors2 shared
Insight Partners2 shared
Last updated: 20 October 2026