Speedinvest launches 60 million fund for marketplace start-ups

The fund is already the second of its kind. 100 million euros have already been invested since 2017.

The Viennese VC has set up a second fund for marketplace and consumer start-ups. The early-stage investor was able to raise a total of 60 million euros; the target was 50 million. The main backers of Speedinvest x Fund 2 are the Austrian media companies Styria and Russmedia, as well as founders of the European start-ups Ankorstore, Vinted, Tradingview, Planetly and Lieferando founder Jörg Gerbig.

The fund has already invested four times before the final closing, most recently in the Turkish logistics start-up Yolda, which received 1.9 million US dollars last month. "The topics we are focusing on in this fund are diverse and include everything from B2B to B2C marketplaces to sharing, subscription and circular economy models," says fund manager Mathias Ockenfels to Trending Topics.

The first fund even produced a unicorn with Tier. Since 2017, Speedinvest has raised more than 100 million euros for marketplace and platform start-ups, half of which came from external investors.