HV Capital launches new fund with EUR 710 million

HV Capital Fund IX, worth over EUR 710m, has closed and will invest in European startups across all stages of development with ticket sizes ranging from EUR 500,000 to EUR 60m.

HV Capital today announced the closing of its largest fund to date, the EUR 710 million HV Capital Fund IX. The fund focuses on investing in innovative tech companies across all stages of growth. HV Capital is also expanding its investor base with new institutional investors from Europe and North America.

The record amount raised opens up exciting new opportunities for HV Capital to invest in the next generation of innovative companies.

Rainer Märkle, General Partner HV Capital:

The fund's focus is on investing in companies from the seed stage to Series-D and beyond. HV Capital has successfully invested in numerous start-ups in Europe over the past years and enjoys a high level of trust as one of the best-known VC players in the market. With the new fund, HV Capital plans to support the next generation of high-growth companies in various markets, focusing on companies with high growth potential in a wide range of sectors.

More diversity and sustainability

HV Capital is strengthening its commitment to greater diversity and sustainability within the venture capital industry with the new fund. The fund has made a commitment under Article 8 of the EU Sustainable Financing Disclosure Regulation (SFDR). HV Capital aims to have 33% of senior positions in the portfolio held by women by the end of the fund's life. In addition, 30% of the capital raised is reserved for companies that follow the sustainability and environmental criteria of the European Investment Fund (EIF). With these steps, HV Capital contributes to the promotion of diversity and sustainability and sets an example for the VC industry.

Four investments have already been made from Fund IX in the areas of data analytics, product information platforms, energy management and climate tech. Among these investments are Spread(our report) and Polyteia from Berlin, ecoplanet from Munich(our Startbase article on this) and Agreena from Copenhagen.