Verdane, the European specialist growth investment firm, closed Verdane Capital XI, at €1.1 billion.
Capital XI received commitments from private and public pension funds, leading global university endowments, foundations, insurance companies, family offices and government agencies from 21 countries. A significant proportion of the commitments came from non-profit organisations.
This fundraise allows Verdane to continue partnering with European growth companies that are digitalising and decarbonising the economy. The firm can take majority or minority positions in either single companies or portfolios of companies, investing between €20 – €150+ million in equity tickets. Verdane only backs companies that pass its proprietary ‘2040 test’, meaning they will be successful in a more sustainable future economy.
The portfolio companies are further supported by Elevate, Verdane’s in-house team of operational experts, with dedicated expertise in every function needed to support scaling growth companies, including data and technology, finance and go-to-market strategy. With a team of 130+ investment professionals and operational experts, the firm’s local presence in core European markets enables access to the region’s best technology companies.
The firm has invested in more than 300 companies to date, including notable successes such as Forsta, Momox and Nomentia.
Verdane has offices in Berlin, Munich, Copenhagen, Helsinki, London, Oslo and Stockholm.
FinSMEs
14/09/2023