Nauta Capital, a pan-European venture capital firm investing in capital-efficient B2B software companies and lean consumer plays, closed a new €55M fund dedicated to backing its existing later-stage portfolio companies.
Led by Carles Ferrer, General Partner, Nauta invests in early-stage technology companies from late Seed and Series A, with its main areas of investment interests including B2B software propositions, digital media companies, and enabling technologies for mobile and the Internet.
Backed by current investors from continental Europe, UK and the Americas, including the British Patient Capital, the European Investment Fund, the ICF and the ICO, the new vehicle - dubbed ’Sidecar Fund’ - will inject follow-on capital primarily from Series C in its portfolio as they mature for later-stage funding.
The firm, which has offices in London, Barcelona and Munich, announced its current early-stage fund in 2017, from which it has invested in technology companies disrupting large industries such as HR, business operations, hospitality as well as enabling tech for online and offline retail.
With more than 40+ portfolio companies, some of existing portfolio include Brandwatch, Marfeel, BeMyEye, ForceManager, MishiPay, Talentry, Nextail and zenloop.
The closing of the Sidecar fund takes the firm’s total assets under management to €365M.