Technology
A holding of approximately 21% in CyberSwarm. More than thirty patents, IGZO memristors and an estimated lead of five to seven years over comparable projects.
Fund for qualified investors · Supervised by the CNB
Capital in close formation.
An umbrella fund with two sub-funds — Technology (FBL) and Capital Asset. Demand for computing power is no longer constrained by chips, but by energy and the cost per operation. Three things hold value at the same time — and Falanga has access to all three.
Intended exclusively for qualified investors within the meaning of § 272 of Act No. 240/2013 Coll. This is neither a public offer nor an investment recommendation.
- 10–13%p.a.
- Expected gross return at project level
- 450€m / sub-fund
- Approved issue
- CZK 1m/ €50k
- Minimum investment
- 4countries
- Where the assets sit
Investment manager and administrator
AVANT investiční společnost, a.s.
Depositary
CYRRUS, a.s.
Auditor
APOGEO Audit, s.r.o.
Supervisory authority
Czech National Bank
Investment thesis
Computing power, energy and the patents beneath them
Demand for computing power is no longer constrained by chips, but by energy and the cost per operation. Three things hold value at the same time — and Falanga has access to all three.
Hard assets
270 ha at Rudniki under an LOI, a 110 kV line adjoining the site and an agreed financial commitment for AviaHub.
People and framework
AVANT as both investment manager and administrator under CNB supervision, Falanga Invest Asset as investment adviser, and ELQ and UNIZA as delivery and research partners.
Why the three belong together
These are not three separate bets. A campus valued by the megawatt is worth more if the computing power inside it consumes less energy per operation; and patents that lower that figure are worth more if there is somewhere to prove them. Holding all three means one asset raises the value of the next — and that is precisely what a purely financial investor cannot reproduce by buying any one of them on its own.
The fund at a glance
An umbrella fund with two sub-funds
- Fund
- Falanga Invest SICAV a.s.
- Type
- Fund for qualified investors
- Registered office
- CITY TOWER, Hvězdova 1716/2b, 140 00 Praha 4 – Nusle
- Identifiers
- Company ID 09308741 · LEI 315700DY7H3RY5N2BO58 · incorporated 3 July 2020
- Investment manager and administrator
- AVANT investiční společnost, a.s., supervised by the Czech National Bank
- Investment adviser
- Falanga Invest Asset s.r.o.
- Depositary
- CYRRUS, a.s.
- Auditor
- APOGEO Audit, s.r.o.
- Sub-funds
- Falanga Invest Podfond Technology (FBL) · Falanga Invest Podfond Capital Asset
- Share issue
- Approved, €450 million per sub-fund. Public invitations to subscribe for the investment share classes are published by AVANT investiční společnost, a.s.
CZK 1m / €50k
Minimum investment
max. 3%
Entry fee
max. 1.5% p.a.
Management fee
Data as published by the fund and by AVANT investiční společnost, a.s., which also publishes the public invitations to subscribe. The sub-fund prospectus (statut) and its key information document are decisive; the minimum subscription may differ by share class.
Sub-funds
Two strategies, one discipline
Each sub-fund has separate assets and its own investment focus. Choose the strategy that matches your view of the market.
Falanga Invest Technology FBL
Technology and innovation projects: information technology, medicine, digitalisation and robotics. Start-ups and growth companies, alongside commodities.
An expected 10% p.a., with a minimum expected return of 8% p.a.
Focus
Information technology, medicine, digitalisation and robotics.
Company stage
Start-ups and growth companies, alongside commodities.
Issue and share classes
Approved issue of €450 million · share classes with a published KID: PIA EUR.
- Minimum investment
- CZK 1,000,000 / €50,000
- Expected gross return
- 10–13% p.a.
- Investment horizon
- 5 years
- Entry fee
- Max. 3%
- Management fee
- Max. 1.5% p.a.
- Valuation
- Quarterly
Key information documents by share class
- PIA EURPrioritní investiční akcie v EURISIN CZ0008046562August 1, 2026PDF 381 kB
- PIA CZKPrioritní investiční akcie v CZKISIN CZ1005200129August 1, 2026PDF 381 kB
- PRIA EURPrémiové investiční akcie v EURISIN CZ0008053766August 1, 2026PDF 381 kB
- PRIA CZKPrémiové investiční akcie v CZKISIN CZ0008053782August 1, 2026PDF 381 kB
- MIA CZKManažerské investiční akcie v CZKISIN CZ0008053774August 1, 2026PDF 404 kB
The fund issues these documents in Czech. Please read them before investing.
Show all sub-fund parameters
| Fund name | Falanga Invest SICAV a.s. |
|---|---|
| Sub-fund name | Falanga Invest Podfond Technology |
| Fund type | Fund for qualified investors |
| Investment manager | AVANT investiční společnost, a.s. |
| Administrator | AVANT investiční společnost, a.s. |
| Adviser | Falanga Invest Asset s.r.o. |
| Auditor | APOGEO Audit, s.r.o. |
| Depositary | CYRRUS, a.s. |
| Minimum investment | CZK 1,000,000 / EUR 50,000 |
| Entry fee | Max. 3% |
| Management fee | Max. 1.5% p.a. |
| Expected gross return | 10–13% p.a. |
| Subscription period | until 31 December 2029 |
| Investment horizon | 5 years |
| Valuation | Quarterly |
| Supervisory authority | Czech National Bank |
Falanga Invest Capital Asset
Industrial parks, logistics, air and rail transport; commodities and traditional markets. Development with a lower risk profile.
Expected gross return of 10–13% p.a. at project level, before distribution and the share-class cap.
Focus
Industrial parks, logistics, air and rail transport.
Risk profile
Development with a lower risk profile, commodities and traditional markets.
Issue and share classes
Approved issue of €450 million · KID: PIA EUR · PIA CZK · PRIA EUR · PRIA CZK · VIA · MIA.
- Minimum investment
- CZK 1,000,000 / €50,000
- Expected gross return
- 10–13% p.a.
- Investment horizon
- 5 years
- Entry fee
- Max. 3%
- Management fee
- Max. 1.5% p.a.
- Valuation
- Quarterly
Show all sub-fund parameters
| Fund name | Falanga Invest SICAV a.s. |
|---|---|
| Sub-fund name | Falanga Invest Podfond Capital Asset |
| Fund type | Fund for qualified investors |
| Investment manager | AVANT investiční společnost, a.s. |
| Administrator | AVANT investiční společnost, a.s. |
| Adviser | Falanga Invest Asset s.r.o. |
| Auditor | APOGEO Audit, s.r.o. |
| Depositary | CYRRUS, a.s. |
| Minimum investment | CZK 1,000,000 / EUR 50,000 |
| Entry fee | Max. 3% |
| Management fee | Max. 1.5% p.a. |
| Expected gross return | 10–13% p.a. |
| Subscription period | until 31 December 2029 |
| Investment horizon | 5 years |
| Valuation | Quarterly |
| Supervisory authority | Czech National Bank |
Expected return
What the project earns and what the share receives
The published expectation is a gross figure at project level. The sub-fund prospectus (statut) then pays a preferred return to the investment share classes, splits the excess with the management shares and caps each class annually. Those three steps stand between the project and the investor.
What each share class of the Capital Asset sub-fund receives
| Share class | Preferred return | Share of the excess | Annual cap |
|---|---|---|---|
| PIA EUR | 7% | 30% | 20% p.a. |
| PIA CZK | 8% | 30% | 20% p.a. |
| PRIA EUR | 9% | 50% | 25% p.a. |
| PRIA CZK | 10% | 50% | 25% p.a. |
A worked example
If the sub-fund earns 13% gross — the top of the published range — a PIA EUR share receives its preferred return of 7% plus 30% of the six points above it, that is 8.8%. A PRIA EUR share receives 9% plus half of the four points above it, that is 11.0%. At 10% gross the same calculation gives 7.9% and 9.5%.
The remainder of the excess accrues to the management shares. Before subscribing, read the KID for the specific share class: it sets out the risk indicator, the performance scenarios and the total costs — and those are what govern.
Gross expectations as published by the fund; the distribution parameters follow the sub-fund prospectus (statut). Expected returns are neither assured nor contractually guaranteed and the fund has no performance history. Figures are stated before taxation at investor level.
Projects
The formation is made of individual projects
8 projects across three disciplines — from in-memory computing through energy infrastructure to operating real assets. Each has its own page setting out the parameters and the open points.
I
Technology
II
Infrastructure
III
Real assets
Where the assets sit
Four countries, one regional thesis
Lower entry prices for land, energy and labour than in western Europe — with comparable infrastructure quality and access to European funding programmes.
- Rudniki, Poland270 ha site, the NextGenDC campus and the energy layer
- Nowe Kramsko, PolandAviaHub MRO competence centre
- Prague, Czech RepublicRegistered office of the fund and of the holding company
- Radnice, Czech RepublicLom Ovčín eco-resort
- Bratislava, SlovakiaNeuromesh, Hotel Krym, Danube Valley
- Žilina, SlovakiaUNIZA — paid development work for Neuromesh
- Bucharest, RomaniaCyberSwarm research and development
Risk profile
What we manage and how
Portfolio build-up phase
Capital is still being allocated. An investor enters ahead of the main revaluation of the assets; drawdowns are tied to milestones.
Technology concentration
Three lines rest on CyberSwarm. For Neuromesh there is an eighteen-month plan for technological independence.
Data centre delivery
Target capacity depends on the high-voltage connection. Construction is phased from 100 MW; the energy layer is being addressed with ELQ from the outset.
Intellectual property
The patents are at application stage. A priority application has been filed; an expert patentability and freedom-to-operate search is still missing, and sub-licensing rights are being confirmed before any agreements with manufacturers.
Liquidity and currency
Redemption is restricted by the sub-fund prospectus (statut): a request may be made no earlier than three years from the start of issuance, with settlement within six months. Share classes are issued in both CZK and EUR while the assets sit in Poland, Slovakia, Romania and the Czech Republic — a currency mismatch therefore remains between the share class and the underlying asset.
Zoning and regulation
Several projects depend on decisions outside the fund's control: an amendment to the municipal zoning plan in Poland, connection terms from the grid operator, and public co-financing for AviaHub. Each is a condition of value rather than a formality, and each can be delayed.
A complete list of risk factors is set out in the prospectus (statut) of the relevant sub-fund.
Team
The people holding the shield
Investment decisions are backed by experience in European financial institutions, in public finance, in energy, in industry and in technology investment.
Contact
Let us talk about your allocation
Leave us your details and we will come back with materials on the sub-fund that matches your investment horizon. Without obligation and in confidence.
Fund manager
AVANT investiční společnost, a.s.
Ing. Michal Brothánek
Sales Director and member of the Board of Directors
City Tower, Hvězdova 1716/2b, 140 00 Praha 4 – Nusle
Registered office of the fund
CITY TOWER, Hvězdova 1716/2b, 140 00 Praha 4 – Nusle
Investment adviser
Falanga Invest Asset s.r.o.