Corporate VC

Alter Ego Ventures

Investment Details

Investor Type
Corporate VC

Asset Class Focus
Venture Capital

Stage Focus
Seed, Early Stage, Series A, Series B, Growth

Geographical Focus
Greece, Cyprus, Poland, Romania

Industries Focus

  • Technology
  • Media
  • Automotive
  • Artificial Intelligence
  • Digital Media
  • Data Analytics
  • Music
  • Digital Solutions
  • Content Creation
  • Broadcasting
  • Live Entertainment
  • Cultural Events
  • Theater
  • eGaming
  • Process Automation

Investment Size:
110,000 to 1,500,000 USD

Investor Details Founded: 2024

Alter Ego Ventures is the corporate venture capital arm of Alter Ego Media, Greece's largest media group. Established in 2024 with an initial budget of €10 million, the firm focuses on investing in technology-driven companies that demonstrate strong potential for innovation and growth. Its investment approach combines financial backing with promotional support through Alter Ego Media's extensive media outlets, aiming to create synergies that benefit both the portfolio companies and the media group.

The firm's investment strategy targets startups and established businesses in sectors such as artificial intelligence, process automation, data analytics, and digital solutions. Alter Ego Ventures seeks companies with media-heavy business models, creative and content companies, platforms, RAG (Retrieval Augmented Generation) AI businesses, and B2C companies that can benefit from media exposure. All investments are evaluated based on their clear path to profitability and strategic alignment with Alter Ego Media's broader operations.

Since its inception, Alter Ego Ventures has made several notable investments. In April 2025, it acquired a 1% equity stake in CH Game Development Software Limited, the developer of the eGaming platform Couch Heroes, for €110,000. This platform offers unique benefits to both developers and users, aiming to revitalize the Greek gaming community. In July 2025, Alter Ego Ventures invested €1.5 million in Spotmechanic Limited, a company operating tech-enabled circular subscription and used car sales platforms across Greece, Poland, and Romania. Additionally, in October 2025, the firm acquired a 49% stake in Stages Network, a company active in cultural and entertainment activities, including theatrical and musical productions, live events, and management of artistic venues. These investments reflect Alter Ego Ventures' commitment to supporting innovative companies with strong growth prospects and potential for strategic collaboration with Alter Ego Media.

Alter Ego Ventures is led by George Saliaris-Fasseas, General Manager of Strategy, Development, and Technology at Alter Ego Media. The firm's investment decisions are guided by a team of experienced professionals who evaluate opportunities based on their potential to drive change and redefine industries. By leveraging Alter Ego Media's resources and expertise, Alter Ego Ventures aims to foster innovation and contribute to the growth of the technology sector in Greece and beyond.

Requirements
  • Clear path to profitability
  • Strategic alignment with Alter Ego Media
  • Potential for innovation and growth
  • Media exposure opportunities
Contact

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Portfolio Companies
  • Couch Heroes
  • Spotmechanic Limited
  • Stages Network
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