Funding

Skybound Launches $38M Fund To Support Early-Stage Deeptech Startups

May 21, 2026 | By Team SR

Skybound Venture Capital has launched a new founder-led investment fund dedicated to supporting deeptech startups, completing an oversubscribed first close of $38 million with backing from the European Investment Fund.

SUMMARY

  • Skybound Venture Capital has launched a new founder-led investment fund dedicated to supporting deeptech startups, completing an oversubscribed first close of $38 million with backing from the European Investment Fund.

Headquartered in Athens, the firm was founded by Thaleia Misailidou, formerly of Marathon Venture Capital and an active contributor to Greece’s deeptech ecosystem, together with George Varvarelis, co-founder of Augmenta, which was later acquired by CNH Industrial.

The fund will invest in pre-seed and seed-stage startups building advanced software and hardware technologies across sectors such as infrastructure, advanced computing, bioengineering and frontier technologies.

Skybound plans to make initial investments between $500,000 and $2 million while maintaining a focused portfolio and reserving capital for future rounds.

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With a founder-led and hands-on approach, Skybound aims to support technically ambitious entrepreneurs developing innovative technologies with long-term industrial and societal impact. Its first investment was in Neurosoft Bioelectronics, a company developing scalable and minimally invasive brain-computer interface technology.

Skybound plans to continue backing startups creating breakthrough technologies that could shape industries in the years ahead.

Europe doesn't need another passive fund, it needs investors who understand the grind, move at founder pace, and go all-in when they believe. We back founders with a massive chip on their shoulder. The ones obsessed with atoms, not just bits, added George Varvarelis.

About Skybound

Founded in 2025, Skybound Venture Capital is an investment firm led by founders that supports deeptech startups working on important global problems. It invests in early stages like pre-seed and seed helping founders build new technologies and continuing to support strong companies as they grow over time.

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