Vsquared Ventures raises 165 million euro fund
The Munich-based VC firm wants to use the fund to support deep-tech innovators that are still in the early stages.
The Munich-based venture capital firm Vsquared Ventures has launched a new fund with a volume of 165 million euros. The fund is aimed at innovators in the deeptech sector with a focus on solving global problems, such as eu-startups writes. Vsquared Ventures has been investing with a focus on this area since 2016.
It is the company's third fund for early-stage companies. Lise Rechsteiner joins Vsquared as the new General Partner to oversee the fund. She previously worked at Rocket Internet, Bauer Venture Partners and Nordic Impact and co-founded the deeptech fund Propagator Ventures. The first start-ups to receive funding are Cylib, which is developing a solution for recycling lithium batteries, and spacetech Constellr.
"European deeptech is the most attractive investment opportunity today," says Thomas Oehl, General Partner at Vsquared. "Because the most attractive markets also address society's biggest challenges."
FYI: English edition available
Hello my friend, have you been stranded on the German edition of Startbase? At least your browser tells us, that you do not speak German - so maybe you would like to switch to the English edition instead?
FYI: Deutsche Edition verfügbar
Hallo mein Freund, du befindest dich auf der Englischen Edition der Startbase und laut deinem Browser sprichst du eigentlich auch Deutsch. Magst du die Sprache wechseln?
