Speedinvest Closes €350M Fund with Over €1B AUM

Vienna-based early-stage VC Speedinvest is making waves in the investment world with its recent announcement of the closure of their oversubscribed fourth early-stage fund, Speedinvest 4, at a whopping €350 million. This exceeds their initial €300 million target, reflecting strong investor confidence in the firm’s vision and strategy. The fund aims to further solidify Speedinvest’s dedication to nurturing its portfolio companies and aiding early-stage startups in their quest to achieve global success. This development follows closely on the heels of the raise of a substantial €80 million Climate & Industry Opportunity fund, showcasing Speedinvest’s multifaceted approach to supporting innovation.

Oliver Holle, the CEO and Managing Partner at Speedinvest, expressed the firm’s unwavering commitment to its mission, emphasizing the pivotal role of early-stage support in shaping the trajectory of businesses. With the increased capital infusion, Speedinvest is poised to bolster its efforts in championing daring and inventive entrepreneurs, providing them with the necessary resources to navigate the challenging journey to international prominence.

The enthusiasm for Speedinvest’s endeavors extends beyond the investment realm, with notable corporate entities such as Aviva and PwC Germany expressing their eagerness to align themselves with the firm’s forward-looking initiatives. Ben Luckett, Managing Director of Venture Capital at Aviva, highlighted the strategic significance of investing in burgeoning digital and tech firms, recognizing the potential to leverage emerging trends for the benefit of their clientele.

Similarly, Florian Nöll, Partner and Head of Corporate Development & Innovation at PwC Germany, underscored the synergistic nature of their collaboration with Speedinvest, underscoring the intrinsic value of supporting visionaries who are pioneering groundbreaking technologies and platforms. This partnership not only augments PwC’s internal innovation drive but also contributes to the broader landscape of European innovation, fostering sustained growth opportunities.

The resounding endorsement of Speedinvest’s latest fund close is further amplified by Madani Safsaf, Head of Abeille Assurances Ventures, who lauds the firm’s pivotal role in propelling pan-European early-stage venture activity. By committing capital to Speedinvest 4, Abeille Assurances Ventures solidifies its position as a stalwart supporter of the European tech ecosystem, poised to infuse an innovation-centric ethos into their operations, ultimately delivering cutting-edge solutions to their stakeholders.

In a landscape teeming with potential, Speedinvest’s resounding success in fund-raising is a testament to its unwavering commitment to fostering entrepreneurial growth and technological innovation. With an array of strategic partnerships and a formidable war chest at its disposal, Speedinvest is primed to shape the trajectory of early-stage ventures and propel them towards unparalleled success on the global stage.