Speedinvest closes massive €350 million fourth flagship fund, €50 million above target
Summary
Speedinvest’s sector-focused investment teams have made multiple investments across Europe via Speedinvest 4, including Finres (Fintech / France), Surfboard (SaaS & Infra, UK), Fertifa (Health & TechBio, UK), Cylib (Deep Tech, Germany), Neocarbon (Climate & Industrial Tech, Germany) and Fairlyne (Marketplaces & Consumer, France). Several new LPs joined the final close of Speedinvest 4 including, Aviva, PwC Germany, Bitburger, ODDO BHF, and Abeille Assurances Ventures. This incremental capital gives us even more firepower to support our courageous, innovative entrepreneurs in their journey to global success as we stay consistent with our target portfolio size.” “In times where access to capital in our industry has been the scarcest in the last ten or more years, reaching this milestone is an amazing testament to how investors share our vision of creating a pioneering, pan-European investment platform, which is both scalable and highly impactful for our portfolio companies, our LPs, and the wider European ecosystem,” added Holle. Becoming an LP in Speedinvest and investing in some of the most promising new digital and tech firms will bring us closer to emerging technology and consumer trends, helping us create great outcomes for our customers,” said Ben Luckett, Managing Director, Venture Capital, Aviva. By committing capital to this final close, we are strengthening our positioning as an investor of the European tech environment, fostering an innovation culture in our businesses to provide cutting-edge solutions to our customers and stakeholders,” commented Madani Safsaf, Head of Abeille Assurances Ventures.