SMOK VC’s second fund is another signal that Poland’s tech scene is hitting its stride

Poland’s SMOK Ventures has closed its second fund at the $25 million mark. Most of their investments are in software development tools and game development. Those are the two biggest sectors in Poland. SMOK will use the new fund to invest in pre-seed and seed startups (investing around $100,000-$1 million) both from CEE, but also has the freedom to deploy anywhere in the world, now that it has less EU institutional funds as LPs. Visit their website located at the smok.vc domain name.