Hubert Szczołek

Partner & CFO

Hubert is responsible for LP reporting, treasury, accounting, portfolio valuation, and financial due diligence. His expertise in financial management plays a crucial role in maintaining transparency and driving value for both the firm and its portfolio companies.

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Guided 20+ companies through financial planning. Supported 10+ companies in DD at Series A-B & exits.

Hubert served as the CFO at Black Pearls VC from 2015, where he led financial planning and analysis (FP&A), structured the fund, and handled reporting and due diligence. He also worked closely with the founders of portfolio companies, guiding them through financial management and fundraising processes, including due diligence at Series A-B stages and exits.

Hubert's early career involved pre-seed investments and consulting, where he led teams specializing in capital raising, strategic planning, and public-private partnerships. His academic background includes a degree in Finance and Accounting from the Warsaw School of Economics.

Hubert serves on the boards, leveraging his financial expertise to support companies growth and strategic direction.

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Nanoxo
Pre-Seed
Poland

True non toxic quantum dots

Nanoxo is a chemical company with an experience in designing and manufacturing of various functional materials with broad potential applications.  It is represented by a research team highly skilled in chemical research and development.  

The goal of the company is to use scientific expertise in order to rationally design, analyze and finally provide solutions and products for various industries and applications.  

Current key technology of Nanoxo is synthesis of heavy metals free quantum dots based on zinc oxide – unique nanoparticles having unprecedented characteristics in comparison to the products currently available on the market.

Having deep background in organometallic chemistry Nanoxo plans to develop and introduce a range of other materials highly demanded by emerging industries.

Exited
Prosoma
Pre-Seed
Poland

The world’s first digital therapeutics programme, designed specifically for cancer patients

Prosoma was born out a need to provide more comprehensive care for cancer patients. We have found a fundamental lack of access to psychological care for patients who not only have to face a life-altering disease and treatment, but also crucially have a different set of needs than other psychological patients. Barriers to accessing psychological care often include low numbers of therapists and clinicians in the area, financial or geographical limitations, and the general wellbeing of patients preventing them from attending meetings. All of these issues can be solved by modern technology. By using VR as part of, or when necessary, an alternative to traditional psychological treatment, we can reach patients that would otherwise be left without any support. They can use our tool at home or in the clinics whilst undergoing pharmacological treatment and chemotherapy. We hope to provide patients with a tool that will help them manage stress, cope with the burden of cancer, and eventually improve their quality of life.

Exited
VoiceLab
Pre-Seed
Poland

Groundbreaking speech technologies

Overview: The company has developed a speech to text technology-based solutions applicable for call centers and mobile applications. The technology has been developed by Jacek Kawalec – CTO Wirtualna Polska for many years and by Tomasz Szwelnik – a scientist with his academic roots linked with Gdańsk University of Technology. The idea derives from the need of entities operating in the financial market that have multiple problems with security systems. The solution is also commercialised by the Polish Justice System where the solution is to read biometry and verify data correctness.

Co-investor: JEREMIE Seed Capital Województwa Pomorskiego FIZAN

Innovation: Voice biometry – among the other biometric techniques – is viewed as a practical, easy and inexpensive method to implement, since it does not require additional readers or devices.

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Xopero
2019
Seed
Poland

Data protection solutions necessary for protecting companies from data loss, ransomware, hardware failure and many more Xopero began in 2009, founded as a company serving primarily SMB users. The company’s goal was to create more accessible and affordable secure data protection solution for any businesses. In 2015, Xopero started cooperation with QNAP Inc. – one of the key global NAS providers. This addition expanded our portfolio to include a true backup appliance, In 2017, Xopero fully extended into global market thanks to cooperation with ESET. The company took the place previously occupied by StorageCraft in the ESET Technological Alliance.

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Inpharmica
Pre-Seed
Poland

The company has been involved in a project aimed at performing phase III of clinical studies on an increased number of patients, including the monitoring of undesired effects and development of documentation to register a new complex pain killer patented in the USA.

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