Reflex Capital
Reflex Capital is an early-stage venture capital firm based in Prague, Czech Republic, with an additional office in San Francisco, USA. Founded in 2012 by Ondrej Fryc, the firm focuses on investing in early-stage companies, particularly in Central and Eastern Europe. Reflex Capital emphasizes investing in people and their ideas, prioritizing trust, quick decision-making, and strong personal connections with founders. The firm has deployed approximately €150 million across various sectors, including Enterprise Software, E-commerce, Digital Health, and AI/ML. Reflex Capital provides early-stage
Investing activity
Reflex Capital appears in 1 AI deal tracked by the AI Lounge deals desk. The rounds are mostly Seed, with a median round size of $2M. The most recent is ArtMaster (Seed, $2.4M, Oct 2026).
Reflex Capital most often invests alongside Factorial Capital, Eliska Vorel, Jaroslav Beck and Robert Kyncl, and the companies it backs on AI Lounge are mostly in AI.
Deals
Frequently asked questions about Reflex Capital
What AI companies has Reflex Capital invested in?
Reflex Capital's AI investments include ArtMaster. The 1 round on AI Lounge are listed on this page with amounts, dates and co-investors.
Where is Reflex Capital based?
Reflex Capital is based in Prague, Hlavni mesto Praha, Czechia.
What stage does Reflex Capital invest at?
In the rounds tracked on AI Lounge, Reflex Capital has invested at Seed, with a median round of $2M.
Who does Reflex Capital co-invest with?
Reflex Capital's most frequent co-investors on AI Lounge are Factorial Capital (1 deal), Eliska Vorel (1 deal), Jaroslav Beck (1 deal), Robert Kyncl (1 deal) and Grant Davis (1 deal).
How can founders reach Reflex Capital?
Founders on AI Lounge can see Reflex Capital's contact details in AI Investor Contacts (paid plans), check for a warm introduction through members who worked with the firm under Warm Paths, and add Reflex Capital to their Investor Pipeline to track the conversation.