3TS Capital Partners, a European technology-focused growth capital investor, held the first closing of its Fund IV with a target size of €150m.
Fund IV received commitments from a broad group of premier institutional investors including European Investment Fund (EIF), Erste Group, Tesi (Finnish Industry Investment), as well as several family offices and technology entrepreneurs.
The new investment vehicle will continue 3TS’ mission of backing rapidly growing technology companies, across software, tech-enabled services, and e-commerce sectors, by leading investment rounds of €5-20m.
Since its start, 3TS has primarily focused on investing in companies from Engineering Europe, a region with technical strengths and increasing levels of experienced management.
Based in Helsinki, Finland, Vienna, Austria, and Luxembourg and led by Pekka Mäki, Managing Partner, 3TS has an extensive track record of bringing strategic value to enable entrepreneurs to scale their businesses. The firm has supported current global challenger portfolio companies on their expansion, including Piano, Entelo, SalesManago, HomeCare.com, PerfectGym, EyeRim, and Safesize. Exits include LogMeIn, H88, Systinet, Avangate, SolveDirect, as well as the most recent exit of Tresorit, which was acquired by Swiss Post in July 2021.
The firm’s prior multi-generation funds totaling over €300 million have made a strong, positive impact on the innovation and technology ecosystem development across Europe, by investing in over 50 companies out of which more than half have been successfully exited.