We have invested in Ondřej Švrček’s Neogenie, acquiring a 10% stake. Neogenia is already in its fourth year of developing and operating, for example, the Czech platform Mobile Radio, which is used for communication between municipalities and citizens and for reporting civic initiatives.

“Mobile Radio is a strong established product in a very promising industry, we are happy to support its further development for the Czech Republic and its journey to the world. From our point of view, it is one of the few examples of an effectively functioning and publicly beneficial smart city technology that also holds its own know-how,” adds Dušan Šenkypl for Pale Fire Capital.

Read more about the investment here CzechCrunch.