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13 June 2023·6 min read

Ilya Mikhalchyk-Kananenka

Community Builder, Vestbee

New VC Funds Investing In Europe - 2Q 2023

We are happy to see a constantly growing number of venture capital companies (see the 2Q 2022, 3Q 2022, and 1Q 2023 overviews), especially ones focusing on the European market. That’s why we have prepared a quarterly overview of new VCs investing in startups across Europe - let's dive into the 2Q of 2023!

To discover more VC funds, check out our VC list - a complex database of the best early-stage venture capital funds investing in innovative startups across different verticals. Read More.

VC Funds from CEE

The Polish Growth Fund initiates a deep-tech-oriented Technology Center. The company will support established startups with funding of up to 50 million PLN.

Horizon Capital secures $254 million for its fourth expansion fund. The company will

 

  • The Polish Development Fund initiates a deep-tech-oriented Tech Hub. The fund will support startups by providing up to 50M PLN in funding.
  • Horizon Capital secures $254M for its fourth growth fund to invest in Ukrainian/Moldovan growth-stage startups.
  • Slovenian pharma giant Labena launches a €100M Labena Ventures to fund biotech and health tech startups across CEE.
  • Polish VC Spire Capital Partners debuts a €57M closing of its €100M vehicle to back tech-enabled services, software, and e-commerce businesses with €7M to €20M tickets.
  • Prague-based Look AI Ventures closes a 480M Kč fund to focus on pre-seed to series A startups from CEE
  • Polish FundingBox Accelerator gets €20M to support Ukrainian deeptech innovation.
  • Croatian SQ Capital unveils a €10M fund to support Croatian startups with up to €300k investments.
  • JR HOLDING obtains an additional 24M PLN to make new investments.
  • AlfaStar Ventures debuts an evergreen VC to seek opportunities within Climatetech, AgTech, Robotics / Automation, IoT, Personal Wellbeing, and Smart Finance

VC Funds from Europe

  • German HV Capital wraps up a fundraise for its 9th, €710M vehicle to back European seed - series D stage startups.
  • La Famiglia closes a €250M fund to support startups within B2B ML/AI, data, logistics and supply chain, consumerization of B2B, fintech/insurtech, sustainability and Industry 4.0.
  • Paris-based Blisce announces 2nd, $250M fund to invest in Europe and the US.
  • French VC Elaia kickstarts the next €200M vehicle to back pre-seed to series B stage companies throughout Europe and Israel. The firm will consider companies within cybersecurity, cloud Infrastructure, digital life sciences, fintech/insurtech, and digital transformation spaces.
  • Seedcamp launches its 6th, $180M to invest in European early-stage startups across sectors and industries.
  • Insurance group Aviva launches a £150M Aviva Ventures to make strategic investments in customer wellbeing, mobility, sustainability, and the AI-related opportunities.
  • Kindred Capital closes its 3rd, $130M fund to invest in European pre-seed and seed stage companies.
  • Zurich-based venture debt firm Bootstrap Europe gets €130M to invest in European series A SaaS,climate tech, genetic testing, fintech, and life science companies.
  • Moonfire Ventures kickstarts its 2nd,, $115M fund to support European early-stage startups across Web3, AI, and AR/VR, fintech, the future of work, gaming, and digital health.
  • Simon Capital (fka Bitburger Ventures) launches a €105M fund to back innovation across consumer, food/biotech while also exploring topics around wellbeing and productivity.
  • Alpine Space Ventures announces 1st, €100M closing of the an upcoming €160M fund to invest in European new space startups entering Series A and (sometimes) seed stage.
  • Swedish firm Pale Blue Dot annonces a €93M fund to support European/US startups across pre-seed and seed stages within climate tech,food, industry, agtech, mobility and fintech ventures.
  • HEARTFELT_ announces a €80M fund to back European early-stage startups cross sectors and industries.
  • Matterwave announces €130M fund to support Europe's industrial tech innovation.
  • Claret Capital Partners closes a €72M Opportunity Fund to provide non-dilutive funding.
  • UK-based Playfair Capital raises $70M fund to support pre-seed startups across Europe.
  • Rethink Ventures debuts a €50M fund to back early-stage companies across mobility, automotive and logistics sectors.UK investor
  • Zero Carbon Capital announces a a £30M fund to back pre-seed/seed decarbonization innovation throughout Europe.
  • Beyond Capital starts a €21.5M fund to back and B2B fintech/marketplaces/SaaS.
  • Parisian venture fund Neo Founders starts a fundraise of a €15/20M vehicle to back Europe-based pre-seed and seed-stage companies.
  • German firm Blockchain Founders Capital raises its first, €15M first fund to invest in early stage web3 startups.
  • Anamcara Capital closes a $10.6M first vehicle to back B2B startups across Europe.
  • VC focused on immigrant founders No Label Ventures debuts a fund to invest in pre-seed and seed-stage founders across Europe.
  • Web-3 w3.fund debuts a new firm to back Europe-based startups.
  • Maritime tech studio Flagship Founders gets a €3.5M investment to expand the team and make more investments.

Global VC Funds

  • QED Investors closes two funds with a combined $925M in commitments to support early and growth stage innovation throughout the globe.
  • Salesforce Ventures wraps up its $250M-big Generative AI Fund.
  • Japanese Mars Growth Capital enters Europe with a $250-M growth capital vehicle providing non-dilutive funding to European businesses.
  • A corporate investment arm of TDK Corporation, TDK Ventures launches a €140M EX1 fund energy, cleantech, and climate tech startups across US and Europe.
  • Blockchain Founders Fund gets $75M for the next fund backing pre-seed and seed stage web3 & blockchain innovation throughout the globe.

 

Related Posts:

New VC Funds Investing in Europe - 1Q 2023 (by Ilya Mikhalchyk-Kananenka, Community Builder, Vestbee)

New VC Funds Investing in Europe - 4Q 2022 (by Ilya Mikhalchyk-Kananenka, Community Builder, Vestbee)

New VC Funds Investing In Europe - 3Q 2022 (by Ilya Mikhalchyk-Kananenka, Community Builder, Vestbee)

New VC Funds Investing In Europe - 2Q 2022 (by Valerie Stupnikova, Vestbee)



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