Vienna-based early-stage VC Speedinvest has closed its fourth early-stage fund, Speedinvest 4, at
€350 million, surpassing the initial goal of €300 million.
This follows the final €50 million close supported by several new institutional investors, including Aviva, PwC Germany, Bitburger, ODDO BHF and Abeille Assurances Ventures.
Long-term investors the European Investment Fund (EIF) and first-time investors Generali also
joined the close alongside government funds, banks, insurance companies, pension funds and
large family offices. Speedinvest’s portfolio companies include Bitpanda, GoStudent, Billie,
Planetly, TWAICE and Yokoy. Some of the founders of these companies have also backed
Speedinvest’s new fund.
The VC firm says the funds will be utilized to enhance the VC’s portfolio and back the global
scaling of early-stage startups. Already, multiple investments have been made across Europe via
Speedinvest 4. Speedinvest’s total assets under management now exceeds €1 billion.
Some notable investments via the fund include Finres (fintech, France), Surfboard (SaaS and infra,
U.K.), Fertifa (health and biotech, U.K.), Cylib (deep tech, Germany), Neocarbon (climate and
industrial tech, Germany) and Fairlyne (marketplaces and consumer, France).
Source: https://tcrn.ch/3SAuaeJ
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