Dawn Capital raises €657M to back next-gen European B2B software startups: Know more
Summary
London-based Dawn Capital, a B2B software investor, announced on Monday that it has raised $700M (approximately €657M) to invest in the next generation of global software leaders. Investors in the fund include leading sovereign wealth funds, pension funds, endowments, funds of funds, family offices, high net-worth individuals, as well as Dawn’s portfolio founders. The fundraiser includes the $620M (approximately €582M) flagship fund Dawn V — the largest dedicated early-stage B2B software fund ever raised in Europe. Dawn V plans to support European software innovators at Series A and B stages with an initial investment of $10M (approximately €9.3M) to $40M (approximately €37.5M) and additional funding for follow-on rounds.
Funding
Amount
$705.2M
Total raised
Date
September 25, 2023
Announcement date
Investors
Dawn Capital
Lead investors
Company
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Funded company
Classifications
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