Metavallon VC launches € 5 million Brain Gain fund to bring tech talent back to Greece

Venture capital firm Metavallon VC has launched a new € 5 million Brain Gain fund aimed at reversing Greece’s long-standing tech talent drain. The pre-seed fund will invest € 200,000–€ 400,000 in deep-tech and life sciences startups founded outside Greece. It will include Greek founders abroad on the condition that they build R&D or product teams in Greece.

Supported by EquiFund (a European Investment Fund and Hellenic Republic initiative) and the Hellenic Development Bank of Investments, the fund seeks to attract international and diaspora talent back to Greece and strengthen the country’s innovation ecosystem. The initiative also aligns with broader efforts to make Greece a competitive base for global tech R&D.

Founded in 2017, Metavallon VC is a Greece-based early-stage venture capital firm focused on backing technology startups at the pre-seed and seed stages. The firm invests across sectors such as deep tech, life sciences, AI and enterprise software, with a strong emphasis on founder support, hands-on mentorship and ecosystem building. Through initiatives like the Brain Gain fund, Metavallon aims to strengthen Greece’s role as a competitive hub for innovation and high-value tech talent.

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Metavallon VC launches €5m “Brain Gain” fund to reverse Greece’s tech talent exodus 22 January 2026