TCV launches new fund
Lisa Marie Münster
| 27.01.2021
Venture capitalist TCV wants to invest four billion US dollars in Europe. The fund is also targeting German start-ups.
Venture capitalist TCV is setting up a $4 billion tech fund that will explicitly invest in German startups. At least that's what TCV partner John Doran tells Manager Magazin
.Most recently, TCV invested up to 30 percent of its money in European companies. Its portfolio also includes German startups such as Brillen.de, Flixbus and Spryker. Two weeks ago, TCV led a funding round in Mambu, which rose to unicorn status with the round. TCV has invested in successful companies many times in the past, including Spotify, Netflix and Peleton.
TVC is looking for investments from London with eleven managers. In its experience, TCV invests between €50 million and €400 million in a startup over several rounds.
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2012
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Flixbus
Provider and booking platform for long-distance travel.
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