303 million euros for European tech scale-ups
Janina Gerhardt
| 11.05.2022
Endeit Capital has closed its third fund. The capital will be used to support European companies driving digital transformation.
German-Dutch VC Endeit Capital closes its third fund with a capital commitment of 303 million euros. The money will be used to support European technology companies. Investor demand had exceeded the original cap, which is why Endeit raised another 50 million. KfW Capital is a new participant. "We are pleased to welcome KfW Capital, Germany's leading institutional investor, as an ideal anchor investor in the German market," said 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. Most recently, Endeit has made four major investments in Germany (Parcellab, Sharpist), Sweden (Stravito) and the Netherlands (Amberscript).
In addition to Endeit's offices in Germany and the Netherlands, the VC recently opened an office in Stockholm, Sweden, to underline its growth ambitions in this region.
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