Pale Fire Capital

€76Mtotal of 3 exits with a known price

Once is luck. Twice is a strategy.

Pale Fire Capital has 3 exits of Czech tech companies in the portfolio. Favi.cz was sold to EMMA Capital (Czechia) in July 2022 for €70M (about CZK 1.75B). Poptávej.cz was sold to Genesis Growth Equity Fund I (Luxembourg) in December 2025 for €3M (about CZK 75M). Roivenue was sold to ScanmarQED (Netherlands) in November 2022 for €3M (about CZK 75M).

Biggest exit

Favi.cz · €70M

Period

2022–2025

Sold to

🇨🇿 Czechia 1 · 🇱🇺 Luxembourg 1 · 🇳🇱 Netherlands 1

Exits in the portfolio

• Favi.cz2022 · → EMMA Capital 🇨🇿 €70M
• Poptávej.cz2025 · → Genesis Growth Equity Fund I 🇱🇺 €3M
• Roivenue2022 · → ScanmarQED 🇳🇱 €3M