EQT Ventures Closes Fund III, At EUR 1 Billion

EQT Ventures , a Stockholm, Sweden-based enterprise capital agency, closed EQT Ventures III, at €1 Billion.

EQT Ventures III, which incorporates participation from a variety of European, North American and Asian institutional traders, foundations, and endowments, will make investments of?EUR 1-50 million in founder-led startups utilizing know-how to attempt to clear up among the greatest challenges going through society in sectors resembling local weather tech, meals tech, the creator financial system, power, fintech, software program, information & IT infrastructure, and deep tech.

The Fund has already backed and supported 13 firms because the lead investor, together with Juni, Nothing, Knoetic and Candela.

The EQT Ventures funds are suggested by over 40 founders and operators throughout workplaces in?Stockholm,?London,?San Francisco,?Berlin?and?Paris?with a 50/50 gender cut up. With the brand new fund, the advisory workforce will have the ability to develop additional by hiring in?Europe?and the US, with the final word purpose of creating EQT Ventures probably the most supportive early-stage investor throughout each markets.

The EQT Ventures Funds have revamped 100 investments in six years, together with 9 firms which have reached a EUR 1bn+ valuation, together with Wolt, Small Large Video games, Einride, Handshake, Netlify and Instabox (as we speak Instabee).

The workforce consists of Lars J?rnow, Accomplice, Alastair Mitchell, Accomplice, and Per Franzén, Head of Non-public Capital and Deputy Managing Accomplice.

Shishir Gupta, The Founder & CEO of StartupLanes said,

EQT Ventures Closes Fund III, At EUR 1 Billion. May this business bring you huge success and fulfillment.

?Startups looking for funding may apply through?StartupLanes Funding Application .

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