Venture Capital

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Thermi Ventures

Thermi Ventures is a Thessaloniki-based venture firm backing early-stage enterprise software, AI, and climate tech in Greece and Southeastern Europe.

Thermi Ventures logo

Thermi Ventures

Ο επενδυτικός όμιλος THERMI GROUP δραστηριοποιείται στους τομείς της ενέργειας, του real estate και της διαχείρισης επενδυτικών κεφαλαίων σε μικρομεσαίες επιχειρήσεις. Δημιουργούμε αξία μέσα από στρατηγικές επενδύσεις, καινοτομία και βιώσιμη ανάπτυξη.

General information

Firm type

Venture Capital

Year founded

AUM

Undisclosed

Location

Region

Europe

Country

Greece

City

Thessaloniki

Corporate office

Thessaloniki, Greece

Sector focus

Enterprise SoftwareAI/MLClimateTechEnergy Transition & Renewables

Frequently asked questions

What does Thermi Ventures invest in?

The firm targets early-stage technology companies, primarily at Seed and Series A. Its stated focus areas include enterprise software, artificial intelligence, and clean-energy transition infrastructure. Publicly available records indicate a geographic concentration on startups founded in Greece and scaling from Southeastern Europe.

Who runs investment decisions at Thermi Ventures?

Thermi Ventures does not publicly list its investment committee or managing partners on its primary web presence. The firm operates with a low public profile, and no named principals could be independently verified as of the latest available information.

Is Thermi Ventures a single family office or a traditional venture firm?

Thermi Ventures is structured as an asset manager and private equity firm, not a family office. It raises external capital and deploys it into portfolio companies. Its investment mandate is venture capital, though it lists expansion and late-stage capabilities.

Which geographies does Thermi Ventures cover?

The firm is based in Thessaloniki and concentrates on Greece and Southeastern Europe. Its portfolio companies typically aim to expand from the region into Western Europe and North America.

How large is Thermi Ventures by assets under management?

Thermi Ventures has not publicly disclosed its assets under management. The firm maintains a very limited public footprint, and no reliable third-party estimate or regulatory filing provides a current AUM figure.

Does Thermi Ventures participate in later-stage rounds or only early-stage?

While its strategy formally spans Seed through Expansion and Late Stage, the firm's visible deal activity and stated focus emphasize early-stage commitments. Follow-on participation in later rounds likely depends on individual portfolio company performance and reserve allocation.

How does Thermi Ventures source its deal flow?

Thermi Ventures' position as a rare institutional venture investor based in Thessaloniki suggests sourcing is grounded in deep local networks — university spin-outs, regional accelerators, and diaspora-founder referrals. The firm does not publicly detail its origination process.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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