Nauta Capital, the pan-European Venture Capital firm investing in capital-efficient B2B software companies, has made the final close of its oversubscribed fifth fund at EUR190 million.
With a EUR120 million first closed in 2020 – at the height of global pandemic – the fund’s final close brings the firm’s assets under management to EUR550+ million, making Nauta one of Europe’s largest venture capital firms specialising in B2B startups.
Simultaneously fundraising and investing, Nauta has invested in 11 companies across Europe from the new fund since its launch.
Carles Ferrer, Nauta’s London-based General Partner, says: “It has been a fast-moving year for us as a team – we were neck-deep closing our fund from existing and new Limited Partners, while at the same time meeting and investing in more companies than ever before. And this was all done virtually. The experience certainly gave us a new perspective in how we related to the founders and evaluated concepts while empowering our team to invest in even more game-changing verticals and companies.”
The companies invested from the new fund range from SaaS purchase and management (Cledara), open source platform (Nhost), and app analytics and management platform (Appfollow) to solutions democratising employee wellbeing (ifeel), embedded insurance for SMEs (insureQ), and b2b last-mile delivery company (Gophr), among others.
“We’re proud to have surpassed our target having now closed at EUR190 million, making it our biggest fund to date and one of Europe’s largest B2B funds. With most of our existing LPs from our vintage funds committing again, we are grateful for their continued trust in us and our investment strategy,” adds Carles.
