EQT Ventures, a Stockholm, Sweden-based venture capital firm, closed EQT Ventures III, at €1 Billion.
EQT Ventures III, which includes participation from a wide range of European, North American and Asian institutional investors, foundations, and endowments, will make investments of EUR 1-50 million in founder-led startups using technology to try and solve some of the biggest challenges facing society in sectors such as climate tech, food tech, the creator economy, energy, fintech, software, data & IT infrastructure, and deep tech.
The Fund has already backed and supported 13 companies as the lead investor, including Juni, Nothing, Knoetic and Candela.
The EQT Ventures funds are advised by over 40 founders and operators across offices in Stockholm, London, San Francisco, Berlin and Paris with a 50/50 gender split. With the new fund, the advisory team will be able to grow further by hiring in Europe and the US, with the ultimate goal of making EQT Ventures the most supportive early-stage investor across both markets.
The EQT Ventures Funds have made over 100 investments in six years, including nine companies that have reached a EUR 1bn+ valuation, including Wolt, Small Giant Games, Einride, Handshake, Netlify and Instabox (today Instabee).
The team includes Lars Jörnow, Partner, Alastair Mitchell, Partner, and Per Franzén, Head of Private Capital and Deputy Managing Partner.
FinSMEs
09/11/2022
