Vsquared Ventures raises 165 million euro fund
Marius Ochs
| 17.11.2022
The Munich-based VC firm wants to use the fund to support deep-tech innovators that are still in the early stage.
Munich-based venture capital firm Vsquared Ventures has launched a new fund that has a volume of €165 million. The fund targets innovators in the deep-tech space, with a focus on solving global problems, the firm eu startups writes. Vsquared Ventures has been investing with a focus on this area since 2016.
This is the firm's third fund for early-stage companies. Lise Rechsteiner joins Vsquared as a new general partner to oversee the fund. She previously worked at Rocket Internet, Bauer Venture Partners and Nordic Impact and co-founded the deep tech fund Propagator Ventures. The first startups funded are Cylib, which is developing a solution for recycling lithium batteries, and spacetech Constellr.
"European deep tech is the most attractive investment opportunity today," said Thomas Oehl, general partner at Vsquared. "Because the most attractive markets also address society's biggest challenges."
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