Global growth investor Northzone closed its latest fund, Fund VII, at €250m (approximately $325m).
As a result of this fund raise, the firm will continue to expand, supporting the international efforts of its portfolio companies, and sourcing new investment opportunities across the world.
Founded in 1996 and led by Pär-Jörgen Pärson, Partner, Northzone has to date raised seven funds and invested in over 110 technology companies. The current portfolio contains a range of fintech, consumer internet, SaaS, and ecommerce companies including including Spotify, Avito, Tobii, iZettle and Trustpilot. Past successes include Stepstone, Pricerunner, Lastminute, Nimsoft, EnergyMicro, and EPiServer.
The firm has offices in London, Stockholm, New York, Oslo and Copenhagen.