Speedinvest 4: The Next Big Leap in European Early-Stage Investment
In an exhilarating development for the European startup ecosystem, Speedinvest has recently closed its latest fund, Speedinvest 4, at a whopping €350 million, surpassing its initial target by a substantial €50 million. The additional funds are earmarked to turbocharge Speedinvest’s portfolio and bolster the global expansion of early-stage startups, propelling them toward unprecedented success.
An impressive lineup of Limited Partners (LPs) has thrown their weight behind this game-changing fund, with heavyweights such as Aviva, Generali, and Abeille Assurances Ventures stepping up to the plate. This formidable support is a resounding vote of confidence in Speedinvest’s vision and strategy, underscoring the firm’s reputation as one of Europe’s most dynamic and forward-thinking early-stage investors.
Speedinvest’s track record in the insurance sector is particularly noteworthy, with strategic investments in trailblazing startups like Wefox, Luko, and +Simple. The injection of additional capital into the mix will undoubtedly fuel the growth and innovation of these disruptive ventures, cementing Speedinvest’s position as a formidable force in shaping the future of the insurance industry.
Expressing his enthusiasm for the new fund, Oliver Holle, CEO and managing partner of Speedinvest, emphasized the pivotal role this capital infusion will play in propelling the firm’s ambitious agenda. “This incremental capital gives us even more firepower to support our courageous, innovative entrepreneurs in their journey to global success as we stay consistent with our target portfolio size,” remarked Holle.
Ben Luckett, managing director of venture capital at Aviva, succinctly captured the strategic significance of partnering with Speedinvest, emphasizing the potential to gain deeper insights into emerging technology and consumer trends. “Becoming an LP in Speedinvest and investing in some of the most promising new digital and tech firms will bring us closer to emerging technology and consumer trends, helping us create great outcomes for our customers,” Luckett noted.
With the successful closure of Speedinvest 4, the stage is set for an exhilarating new chapter in European early-stage investment. As Speedinvest continues to harness the transformative power of venture capital, the ripples of this landmark fund are poised to reverberate across the startup landscape, fueling innovation, and driving unprecedented growth.
In the fast-paced world of venture capital, Speedinvest 4 stands as a testament to the unwavering spirit of innovation and the unyielding determination to propel early-stage startups toward global prominence. As Speedinvest ignites the next phase of its remarkable journey, the European startup ecosystem brims with anticipation, eager to witness the extraordinary impact of this monumental investment milestone.