303 million euros for European tech scale-ups
Endeit Capital has closed its third fund. The capital will be used to support European companies that are driving the digital transformation.
The German-Dutch VC Endeit Capital has closed its third fund with a capital commitment of 303 million euros. The money will be used to support European technology companies. Investor demand has exceeded the original upper limit, which is why Endeit has raised a further 50 million. KfW Capital is a new investor. "We are delighted to welcome Germany's leading institutional investor KfW Capital as an ideal anchor investor in the German market," says Hubert Deitmers, founder and Managing Partner of Endeit Capital.
With its fund, the German-Dutch investment company aims to support European companies whose products or services can drive the digitalization of society and the economy. Endeit has recently made four major investments in Germany (Parcellab, Sharpist), Sweden (Stravito) and the Netherlands (Amberscript).
In addition to the Endeit offices in Germany and the Netherlands, the VC has recently opened an office in Stockholm (Sweden) to underline its growth ambitions in this region.
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