About Fundbox Capital
Fundbox Capital is a venture capital firm founded in 2014. It is primarily based out of Athens, Greece. As of Feb 2024, Fundbox Capital has invested in 7 companies. It primarily invests in Seed round in Greece based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Consumer and Retail. Most recently it participated in the $***** Seed round of Connected Overall, Fundbox Capital portfolio has seen 1 acquisition, namely Connected. A lot of funds co-invest with Fundbox Capital, with names like Shilling sharing a substantial percentage of its portfolio. Fundbox Capital has team of 3 people including 3 partners.Key Metrics
Team Members
Portfolio Sectors
Rounds of Entry
Seed
Portfolio Acquisitions
Fundbox Capital's List of Top Investments
Fundbox Capital has a portfolio of 7 companies. Their most notable investmentis in ConnectedTheir portfolio spans across Greece, Lebanon, Portugal and 3 more locations. They have invested in Enterprise Applications, Consumer, Retail and 7 other sectors, across stages such as Seed stage. Here is the list of top investments by Fundbox Capital:
1. Connected
Develper of components for aerospace and aviation solutions. It provides users with a platform that operates wireless links and direct fiber connections, bringing together the physical and digital worlds. It also provides users with observational data and AI-powered models to gain insights.
Key facts about Connected
- Founded Year: 2023
- Location: Coimbra (Portugal)
- Stage: Acquired
- Total Funding till date: $2.16M
- Employee Count: 5 as on Sep 30, 2026
- Investors: Octopus Ventures, Plug and Play Tech Center and 4 Others
- Latest Funding Round: Seed, Feb 20, 2024, $*****
- Highlight: Acquired
2. Instabeat
Instabeat is a private label brand of swimming accessories. The product offerings include smart sensor add-ons to swimming goggles. The products have features such as real-time visual feedback of training zones like fat burning, fitness & performance. The data collected in the sensors can be synchronized with their mobile app. The products are compatible with goggles of brands like Michael Phelps Xceed, Speedo Biofuse and more.
Key facts about Instabeat
- Founded Year: 2011
- Location: San Francisco (United States)
- Stage: Series A
- Total Funding till date: $4.1M
- Investors: MENA Venture Investments, Wamda Capital and 6 Others
- Latest Funding Round: Series A, Jun 01, 2020, $*****
- Highlight: Editors' Pick
3. Exitbee
Exit Bee is a conversion optimisation software that analyses visitors behavioural data to predict abandonment and drastically improve your website's conversion rate, by providing incentives exactly when the visitor is most likely to convert. Exit Bee uses bounce prevention technology to predict when visitors are leaving the page.
Key facts about Exitbee
- Founded Year: 2014
- Location: Athens (Greece)
- Stage: Seed
- Total Funding till date: $399K
- Employee Count: 15 as on Sep 30, 2026
- Investors: The egg, Fundbox Capital and 1 Other
- Latest Funding Round: Seed, Mar 22, 2019, $*****
4. Owiwi
Provider of religious services and events. It offers devotional materials, sermons, and in-person events such as prophetic nights and pastoral training. The organization also provides online resources including a devotional plan and online sermons. It facilitates tithing and offerings. The services aim to build Christian character and provide spiritual guidance.
Key facts about Owiwi
- Founded Year: 2004
- Location: Romania
- Stage: Seed
- Total Funding till date: $222K
- Employee Count: 9 as on Sep 30, 2026
- Investors: MassChallenge, The egg and 2 Others
- Latest Funding Round: Seed, Nov 03, 2016, $*****
5. Instabeat
Developer of wearable technology providing real-time feedback for swimming performance. The technology is designed to track laps, turns, and timing for swimmers. It aims to empower athletes with tools to improve their training. The device can be fitted to different types of goggles.
Key facts about Instabeat
- Founded Year: 2011
- Location: Beirut (Lebanon)
- Stage: Early Stage
- Total Funding till date: $4.1M
- Investors: MENA Venture Investments, 500 Global and 4 Others
Fundbox Capital's Year-on-Year Investment Trends
Fundbox Capital has invested in 7 companies over the last 12 years, with an average of 0 new investment annually in the last 10 years. Its most recent first time investment was in Connected.Fundbox Capital's Investments by Stage
Fundbox Capital has made 2 investments in Seed stage with an average round size of $2.16M.Fundbox Capital's Investments by Sector
Fundbox Capital has a diverse portfolio, with companies operating in the Aerospace, Maritime and Defense Tech, Auto Tech, Consumer, High Tech and Transportation and Logistics Tech. Notably, it has invested in 7 Tech companies, 4 Consumer (B2C) companies, 4 Software companies and at least 3 companies focusing on Enterprise (B2B).Sector | No. of Investments |
|---|---|
Aerospace, Maritime and Defense Tech | 1 |
Auto Tech | 1 |
Consumer | 1 |
High Tech | 1 |
Transportation and Logistics Tech | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
Fundbox Capital's Investments by Geography
Fundbox Capital has made most investments in Greece (1), followed by Portugal where it has made 1 investment.Fundbox Capital's recent investments
Fundbox Capital has not made any investment in 2026 so far.Here are the most recent investments by Fundbox Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Feb 20, 2024 | Portugal | Seed | 5123 | [+3] | |
2014 | Greece | Seed | 2173 | - |
Acquired companies in Fundbox Capital's Portfolio
1 company from Fundbox Capital's portfolio has been acquired. The most recent acquisition was Connected in Jul 2025 by Open Cosmos for $*****.Here are Fundbox Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 03, 2025 | Feb 20, 2024 | Seed | 1960 |
Team profile of Fundbox Capital
Fundbox Capital has a team of 3 members including 3 Partners located in Greece. Fundbox Capital's team does not sit on the board of any company as of now.Here is a list of all team members in Fundbox Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Greece | - | - | |
Partner | Greece | - | ||
Partner | Greece | - | - |
Co-investors of Fundbox Capital
Over the past 12 years, 4 investors have co-invested in Fundbox Capital's portfolio companies. This includes only funds.
- Top Co-investors of Fundbox Capital: 4 investors entered a company along with Fundbox Capital. These include investors like Shilling (1 company).
