Peak launches 150 million euro early stage fund
The venture capital company Peak invests in tech start-ups. One of the target regions is Germany.
Peak has launched its fifth start-up fund: the early-stage investor has raised 150 million euros to support around 50 start-ups in the target regions of Belgium, the Netherlands and Luxembourg, Northern Europe and Germany, Austria and Switzerland. Peak aims to invest between 250,000 and four million euros per start-up.
To date, Peak's portfolio has primarily included tech start-ups such as Circula, a provider of expense software, and Tilo. The new fund also focuses on software-as-a-service start-ups and platforms.
More than half of the capital comes from European founders and private investors. "I am very pleased that we are able to impress with our performance and that many investors continue to place their trust in us," says Peak Founding Partner Stefan Bary. "And above all, it makes me proud that many founders from our portfolio that we have supported are now investing in our funds."
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