HV Capital, a Munich and Berlin, Germany-based early-stage and growth venture capital investor in Europe, closed HV Capital Fund IX, at €710m.
Backed by institutional investors from Europe and the United States, Fund IX will be split into two vehicles, “Fund IX Venture” and “Fund IX Growth”, to target companies from Seed to Series D and beyond, with initial ticket sizes of €500k to €60m.
Four investments have already been made in a product intelligence platform, data analytics, energy transition management and ClimateTech, including Berlin-based SPREAD, Berlin-based Polyteia, Munich-based ecoplanet and Copenhagen-based Agreena.
Led by Rainer Märkle, General Partner, HV Capital is continuously looking for the next generation of disruptors from every industry, including FinTech, SaaS, climate tech, and consumer goods. The firm has invested in around 225 internet and technology companies, supporting startups with ticket sizes ranging from €500,000 to €60 million. The team is comprised of more than 40 investment and operations professionals that provide a variety of perspectives and expertise across the venture capital landscape.
As of 1 May 2023, the firm has €2.7bn assets under management (AUM).
FinSMEs
04/05/2023