European venture capital firm Highland Europe closed its fifth fund, raising €1 billion.
The firm will double down on its strategy of backing Europe’s most outstanding founder-led teams in software and internet businesses.
Highland backs rapidly growing European internet, mobile and software companies that address large market opportunities and have over €10 million in annualized revenues. The capital provided enables management teams to accelerate growth and build a lasting, valuable business.
So far, the firm has raised a total of €2.75 billion and has invested in companies such as Adjust, AMCS, Camunda, ContentSquare, Descartes, Deepki, eGym, Featurespace, GetYourGuide, Huel, Jellysmack, Malwarebytes, MatchesFashion, Me+Em, Nexthink, Podimo, Spot, Supermetrics, WeTransfer, Wolt and Zwift.
In conjunction with the announcement, the firm said that David Blyghton, who joined Highland Europe in 2014, was promoted to Partner.
FinSMEs
23/01/2023