Munich, Germany-based venture capital firm Acton Capital Partners held the final closure of its Heureka II Growth Fund, at $200m.
Anchor investors include international private and institutional investors such as the European Investment Fund, Hubert Burda Media, the KfW Banking Group via its promotional instrument “ERP Venture Capital Fund Investments”, UniCredit Bank and a series of family offices.
Heureka II Growth Fund is a growth-equity fund focusing on growth companies in the consumer internet sector such as online marketplaces, e-commerce, e-services, digital media and software as a service.
Geographically, the fund focuses on Europe with possibilities to invest in North America, as well.
The new fund’s portfolio already includes:
– HomeToGo, a Berlin-based meta-search platform for holiday accommodation;
– iwoca, a London, UK-based online short-term credit provider for self-employed individuals and micro-enterprises; and
– Tictail, a Stockholm and New York-based mobile commerce platform that allows small boutiques, crafts people and designers to open an online shop quickly and easily.