Token Ventures

Milan Tomanek and Ondrej Tomek lead the firm as co-founders and managing partners. Tomanek previously worked in operations at Socialbakers, while Tomek built products at multiple Central European startups. The partners share decision-making authority and typically invest together across the firm's deal flow.

The firm focuses on pre-seed and seed-stage rounds, writing initial checks between €100,000 and €500,000. Token Ventures occasionally participates in follow-on rounds for existing portfolio companies but does not lead Series A or later-stage rounds.

The firm relies on the founders' deep operator networks across the Czech Republic and Slovakia, combined with relationships built through years of angel investing in the region before the fund launched. Its position as a leading local pre-seed fund gives it visibility into Central European startups before they engage Western investors.

Token Ventures does not invest in hardware manufacturing, deep science requiring regulatory approval, or cryptocurrency and Web3 projects. The firm's focus remains on software and AI-enabled companies where capital efficiency and rapid scaling are achievable.

Token Ventures invests exclusively through direct equity deals. The firm does not operate as a fund of funds or invest in other venture capital vehicles. All capital is deployed into individual portfolio companies at the pre-seed and seed stages.

The firm raises capital through periodic fund vehicles, with its first fund closing in 2018. Limited partners include family offices and high-net-worth individuals from the Czech Republic and broader Central Europe. Token Ventures does not disclose specific fund sizes or LP identities.

The firm regularly co-invests alongside other European early-stage funds, particularly those based in Berlin, London, and Warsaw. Token Ventures typically fills the local pre-seed role while larger international funds lead or join subsequent rounds. The partners have publicly expressed openness to syndicating deals with value-add co-investors.