Today SMOK Ventures announced a $25 million fund named SMOK II with plans to invest in 25-35 startups from the CEE region and diaspora.
SMOK is part of a global network of funds with over $400m under management co-managed by Paul Bragiel, which focuses on developing markets. The other two partners are Diana Koziarska (previously CEO at ReaktorX) and Borys Musielak (tech entrepreneur who sold Filmaster to Samba TV).