London’s Claret Capital closes Fund III at €297 million to grow European tech startups
Summary
Whilst talk of economic uncertainty and hardship continues to hit the headlines, there are reasons to remain cautiously optimistic and there are still exciting developments going on that will promote innovation and businesses to scale. The final close of Fund III includes commitments from a broad range of leading institutional investors who continue to support Claret within the debt financing market. The firm provides innovative debt solutions to help entrepreneurs and private equity investors grow their companies while minimising dilution. To date, the firm has backed over 150 companies and invested more than half a billion euros, making them a significant contributor to Europe’s current thriving innovation landscape. Taken together, the final close of Fund III and the co-invest vehicles enable Claret to support businesses with over €500 million of capital in the next three years.