startups And Financing
If you're a founder gearing up for a fundraising round in the last quarter of this year, you'll want to keep these venture capital firms on your radar. They’ve recently raised new funds, making them more likely to explore fresh investment opportunities.
By identifying which VCs have available capital, you can direct your efforts more strategically. Understanding each firm’s investment focus and preferred stage allows you to fine-tune your pitch to align with their interests.
To help you get started, we’ve compiled a list of venture capital funds from the SEE, DACH, and Benelux regions that have secured new capital in Q3 2024. Take a look below!
Here is a list of new venture capital (VC) funds raised in the third quarter of 2024 in the SEE region:
[The Czech Republic] Jet Ventures -->raised a new venture capital fund targeting €50M and focusing on industrial B2B startups across the Czech Republic, Germany, Austria, Poland, and Slovakia.
[Hungary] Impact Ventures III --> The European Investment Fund (EIF) and the Hungarian National Capital Holding launched a €40M venture capital fund focused on supporting early-stage startups and small to medium-sized enterprises (SMEs) in Hungary and Central Eastern Europe.
[Hungary] Lead Ventures --> announced the launch of its new €100M fund, targeting startups in CEE. Investment tickets between €2M and €10M are available for startups raising Seed and Series A rounds.
[Hungary] Nesprit --> announced a €750,000 early-stage micro fund to invest in climate tech, water tech, foodtech, and IIoT startups across CEE.
[Bulgaria] BrightCap Ventures --> announced the closing of its new fund, targeting €60М, which aims to invest in founders from Southeastern Europe.
[The Czech Republic] Tensor Ventures --> raised €1.3M from Venture Club for its deeptech fund to invest in deeptech startups in Luxembourg and the Czech Republic.
[Poland] 24Ventures, Digital Ocean Ventures Starter, Hard2beat, and Tar Heel Capital Pathfinder --> recently received a total investment of €46.7M from PFR Ventures.
CEE-based startups are also on Metis Ventures's radar, where Mircea Ghita, our former Country Manager, was appointed their lead CEE expansion. The company is looking to invest in 8-10 startups next year, with tickets up to €3M for AI-enabled areas.
If you are a founder looking to raise funds in this geographical area, these funds will continue to invest in and support the growth of startups in the SEE region.
Here is a list of new venture capital (VC) funds raised in the third quarter of 2024 in the DACH region:
[Germany] Sunfish Partners --> announced Sunfish CEE II fund to support tech startups in the CEE region at the pre-seed and seed stages. Investment tickets range between €250,000 and €500,000 and are targeting deep tech startups across Eastern Europe.
[Germany] Capmont Technology --> the venture firm focusing on B2B tech companies across Europe and the US raises €100M to invest in early-stage B2B tech founders.
[Germany] Alpine Space Ventures -->raised €170M fund to support the global space ecosystem, especially in Europe and the US.
[Germany] BOOOM --> run by solo GP Felix Plapperer announced the final close of the first €17M to invest in European B2B SaaS startups.
If you are a founder looking to fund in this geographical area, these funds are keen to invest and support the growth of startups in the DACH region, giving you a reason to be hopeful.
Here is a list of new venture capital (VC) funds raised in the second quarter of 2024 in the Benelux region:
[Belgium] VIVES IUF --> raised an additional €5M from the Luxembourg Future Fund 2 (LFF 2) to invest in Luxembourg startups, bringing its total funding to € 75M.
[Switzerland] Redalpine Ventures --> announced the final close of its largest-ever fund, Redalpine Capital VII (RAC VII), at over €179M.
[The Netherlands] LUMO Labs --> raised LUMO Rise Fund with €100M ready to invest in up to 35 impact-driven digital startups across the Netherlands, Belgium, Germany, Spain, Portugal, Scandinavia, and the Baltics.
[The Netherlands] Golden Egg Check --> raised a €5M fund, aiming to co-invest in 30-35 early-stage companies, focusing on pre-seed and seed rounds.
Earlybird Venture Capital‘s family of funds will soon focus on two distinct entities: Earlybird and Earlybird Health. The goal is to provide more support for existing and new portfolio companies.
Additionally, Atomico introduced two new funds with a total of €1.12B and a specialized team for each stage of maturity.
If you want to connect with these investors or check out other active investors in the region, check out the European VC Network list covering venture capital funds from SEE, DACH, Benelux, and others.
At the same time, we strongly encourage you to consider more flexible funding options for your next round such as SeedBlink's Fundraising as a Service - where we do the warm intros and handholding for your next round.
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