{"id":299430,"date":"2026-01-23T12:22:08","date_gmt":"2026-01-23T12:22:08","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/299430\/"},"modified":"2026-01-23T12:22:08","modified_gmt":"2026-01-23T12:22:08","slug":"metavallon-vc-launches-e5m-brain-gain-fund-to-reverse-greeces-tech-talent-exodus","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/299430\/","title":{"rendered":"Metavallon VC launches \u20ac5m \u201cBrain Gain\u201d fund to reverse Greece\u2019s tech talent exodus"},"content":{"rendered":"

This week, Metavallon VC<\/a> launched a new\u00a0 \u20ac5 million Pre-Seed brain gain fund. It aims to invest early in deep-tech startups founded outside Greece or in Greek university spin-outs, provided they commit to building R&D or product teams within the country.\u00a0 <\/p>\n

With over \u20ac70 million in capital under management, Metavallon VC has invested in more than 35 startups since 2018. The fund is supported by EquiFund, a joint initiative of the European Investment Fund (EIF) and the Hellenic Republic, as well as HDBI (Hellenic Development Bank of Investments), drawing capital from both public and private investors.\u00a0 <\/p>\n

The fund will deploy \u20ac200,000 to \u20ac400,000 per investment, focusing on pre-seed deep tech and life sciences startups.\u00a0\u00a0<\/p>\n

The fund\u2019s name reflects Greece\u2019s decade-long \u201cbrain drain,\u201d during which more than 600,000 highly skilled professionals left the country following the 2009 financial crisis.<\/p>\n

This trend has gradually begun to reverse, partly accelerated by the COVID-19 pandemic, as many Greeks abroad reassessed proximity to family and quality of life. Increased economic stability, new R&D tax incentives, and a more mature tech ecosystem have further attracted returning talent as well as international founders seeking to establish operations in Greece.<\/p>\n

\u00a0 \u201cWe are not just targeting Greek founders abroad\u201d, said Demetris Iacovides, Partner at the Brain Gain Fund.<\/p>\n

\n

\u201cThere is already a clear movement among global deep-tech startups seeking to build scale R&D in European countries with a high-talent base in tech but without the cost overhead of Boston, London, or Berlin.\u201d\u00a0 <\/p>\n<\/blockquote>\n

Metavallon VC has led deep-tech investments, including Think Silicon, acquired by Applied Materials (NASDAQ: AMAT), Seervision, acquired by Q-SYS, and Purposeful, acquired by PharOS. <\/p>\n

While Brain Gain operates as a separate fund, its foundation within Metavallon\u2019s platform provides strong advantages in deal sourcing, local network access, and founder support infrastructure.\u00a0\u00a0 <\/p>\n

The Brain Gain Fund team welcomes discussions with Greek founders worldwide, as well as international deep-tech teams that view Greece as a strong base for R&D. Whether refining an idea, exploring a research breakthrough, or seeking early feedback, the team hosts weekly office hours and is open to connecting.\u00a0 <\/p>\n","protected":false},"excerpt":{"rendered":"This week, Metavallon VC launched a new\u00a0 \u20ac5 million Pre-Seed brain gain fund. It aims to invest early…\n","protected":false},"author":2,"featured_media":299431,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[178],"tags":[79,18,236,19,17],"class_list":{"0":"post-299430","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-entrepreneurship","8":"tag-business","9":"tag-eire","10":"tag-entrepreneurship","11":"tag-ie","12":"tag-ireland"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ie\/115944393456627138","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/299430","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=299430"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/299430\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/299431"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=299430"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=299430"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=299430"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}