To find out what makes Vienna special for international investors and early-stage businesses, The Recursive met with two investors: Markus Lang, a Partner at Speedinvest, and Rudolf Kinsky, Board Member of AVCO – Austrian Private Equity and Venture Capital Organisation.
The interview investigates the general investment climate in Vienna and the city’s role in the European innovation landscape. Rudolf Kinsky: “There is an active angel network and a growing VC fund market, however, there are not sufficient local capital sources to fuel the Series A, B, C, or D rounds of scale-ups. Vienna could become an international hub, because it has a lot of positive elements – high living standards, a good network of accelerators, and incubators – it is a sophisticated city. But we lack the capital markets to back it up.”