Year-end recap: deployed 12 investments in 2025 bringing Fund II to 33 companies, launched SMOK Angels CEE with 12 exits, and announced Fund III preparation with expanded global reach including European Startup Embassy in San Francisco.
SMOK Ventures 2025 Year-in-Review: Doubling Down on CEE Diaspora
Backed Proteine Resources' growth round. Company builds fully autonomous insect factories for sustainable protein production; third SMOK investment outside software.