Wolves Summit News

Lakestar closes $600M Funds, aims to strengthen Europe's innovation ecosystem

Written by WS Team | Apr 15, 2024 9:17:13 AM

Investment firm Lakestar closed its latest funds, Lakestar Early IV and Lakestar Growth II, for
around $600 million to inject new capital into the next generation of European startups, bringing
Lakestar's assets under management to €2 billion.


Both new funds will focus their investments across geographies, focusing on Europe in sectors
such as AI, digitalisation, deep tech, healthcare, and fintech. 
The funds align with Lakestar's commitment to forge a stronger future for Europe by nurturing the
region's innovation and tech ecosystem through the funding of business models that support
economic growth and social prosperity. 


These new funds have already led investments in tech companies such as energy supplier
platform Fuse Energy (UK), embedded finance solution Swan (France), healthtech
company Nelly (Germany), NEKO Health (Sweden), the preventative health care technology
company co-founded by Daniel Ek, and AI text-to-video technology
platform Colossyan (UK/Hungary).


https://tech.eu/2024/04/12/lakestar-closes-600m-funds-aims-to-strengthen-europes-innovation-ecosystem/

 

 

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