Eight Roads launches new fund

Lisa Marie Münster Lisa Marie Münster | 05.10.2021

450 million US dollars for at least 15 start-ups in the scaling phase: This is the purpose of the new fund of the London venture capitalist Eight Roads. Investments will only be made in Europe and Israel.

Venture capitalist Eight Roads has launched its fourth fund worth 450 million US dollars. The target is Israeli and European startups in the scaling phase. The focus is to be on the SaaS, fintech, healthcare and consumer sectors, with 15 to 20 startups to be funded in each. Eight Roads plans to put between five and 50 million US dollars into each of the companies.

"Europe's (including Israel's) tech landscape is on fire. The region is building more and more companies that are globally successful," the investor wrote in a statement, counting 37 unicorns on the continent. Eight Roads partner Davor Hebel tells Techcrunch that the shift in work during the Corona pandemic in particular would have had an impact on the HR systems market, making startups in the sector interesting to invest in. It also said fintechs and the healthcare industry were particularly in demand. In Germany, Eight Roads has investments in Thinksurance, an insurtech, and diabets app Oviva.

In previous funds, the venture capitalist, which was founded 50 years ago, raised between $100 million and $375 million. Eight Roads' portfolio includes companies such as Cazoo, which went public in August and was valued at seven billion US dollars, as well as Spendesk and Neo4j. As early as 1999, the Londoners invested in Alibaba.


Like it? Please spread the word:

Newsletter

Startups, stories and stats from the German startup ecosystem straight to your inbox. Subscribe with 2 clicks. Noice.

LinkedIn Connect

Take care, give care

Did this news inform or entertain you? Then we would be happy if you tell your network about it.

Share on Linkedin Share on Facebook Share on Xing

Related companies

Startup 2014 Frankfurt a. Main thinksurance Automation of commercial insurance products and related processes-across all sales channels.

FYI: English edition available

Hello my friend, have you been stranded on the German edition of Startbase? At least your browser tells us, that you do not speak German - so maybe you would like to switch to the English edition instead?

Go to English edition

FYI: Deutsche Edition verfügbar

Hallo mein Freund, du befindest dich auf der Englischen Edition der Startbase und laut deinem Browser sprichst du eigentlich auch Deutsch. Magst du die Sprache wechseln?

Deutsche Edition öffnen

Similar posts