Transatlantic growth equity investor Kennet has raised €266m for its largest fund to date, Kennet VI, which has already begun to deploy capital into B2B SaaS companies across Europe, including Screendragon in Ireland and the UK as well as Fluid Topics in France.
Kennet focuses on B2B SaaS technology companies which are founder-owned and either capital efficient or built without external capital.
Kennet VI was raised as part of a partnership with Edmond de Rothschild’s private equity platform, which began in 2017. British Patient Capital, Federated Hermes Private Equity and Bpifrance also committed to the fund.