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Speedinvest raises €500m for European tech startups

Speedinvest, a pan-European early-stage venture capital fund, has raised €500 million in new capital to help European startups scale, with 90% of that total already committed by the fund’s investors. 

Some €300 million is being invested into new pre-Seed and Seed tech startups through the firm’s fourth flagship fund, Speedinvest 4, while the remaining capital is reserved for selective follow-on co-investments in existing Speedinvest portfolio companies to support their long-term growth.

Major commitments include New Enterprise Associates (NEA), the European Investment Fund (EIF), and Bpifrance, alongside government funds, banks, insurance companies, pension funds, and large family offices. Many of Speedinvest’s most successful founders have also committed funds, including those from Bitpanda, GoStudent, Billie, Planetly, TWAICE, and Yokoy. In total, this new capital will bring Speedinvest’s AUM to more than €1 billion.

Alongside the additional €500m in funds, Speedinvest recently closed its €80M Climate & Industry Opportunity fund. This fund will invest in new climate tech startups addressing sustainability.

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