Speedinvest successfully closes fourth fund with EUR 350 million

The successful closing of Speedinvest 4 sees the participation of new institutional investors, including Aviva, PwC Germany and Bitburger, who together with other partners contribute to the EUR 350 million of the oversubscribed fund.

Berlin, January 31, 2024 - Pan-European early-stage VC Speedinvest today announced the final closing of its fourth flagship fund, "Speedinvest 4". With an amount of EUR 350 million, exceeding the target size by EUR 50 million, Speedinvest's total capital now amounts to EUR 1 billion. Dieses zusätzliche Kapital wird für die Unterstützung bestehender Portfolio-Unternehmen sowie neuer Start-ups in der Frühphase verwendet.

The first closing of the fund took place in 2022, raising EUR 300 million for early-stage investments and a further EUR 250 million for follow-on financing of selected companies in Speedinvest's existing portfolio. The current capital injection of EUR 50 million brings the total capital of the 2022 fund generation to EUR 600 million.

In these challenging times, when access to capital is particularly difficult, the successful final closing and the achievement of this milestone clearly underlines investors' confidence in our vision

Oliver Holle, CEO and Managing Partner Speedinvest

Speedinvest has invested in several early-stage companies in Europe, including Finres, Surfboard, Fertifa, Cylib, Neocarbon and Fairlyne. Most of these companies have already received successful follow-on financing from leading VCs.

New institutional investors such as Aviva, PwC Germany, Bitburger, ODDO BHF and Abeille Assurances Ventures are participating in Speedinvest 4. The European Investment Fund (EIF), first-time investors, Generali and founders of Speedinvest portfolio companies, including Bitpanda, GoStudent and TWAICE, have also invested.

6 vertical teams of experts

Speedinvest CEO Oliver Holle betont, dass das zusätzliche Kapital dazu dient, innovative Gründerinnen und Gründer in ihrer Frühphase zu unterstützen. With more than 40 investment managers in Europe and offices in Berlin, London, Munich, Paris and Vienna, Speedinvest has the largest early-stage investment team on the continent. Six vertical teams of experts invest in Deep Tech, Fintech, Health & TechBio, Marketplaces & Consumer, Climate & Industrial Tech and SaaS & Infrastructure. Speedinvest was named Seed Fund of the Year 2023 by GP Bullhound.

The final closing of Speedinvest 4 sends a positive signal in the midst of a challenging time and strengthens Speedinvest's position as a key player in the European start-up scene.