- Vsquared Ventures, a Munich-based VC, closes €214 million for largest European early-stage deep tech fund to date
- Fund oversubscribed at €214 million, exceeding initial target of €165 million, supporting groundbreaking technologies
- Vsquared aims to empower founders creating new markets and global leaders in deep tech to future-proof Europe
- Fund focuses on six generational growth themes including AI, energy transition, and robotics
- Vsquared’s strong investor base includes Novo Holdings, Lombard Odier Investment Managers, and the European Investment Fund, highlighting the momentum of deep tech in Europe
Early-Stage VC Munich: Vsquared Ventures Raises €214 Million for Largest European Deep Tech Fund
In a significant development for the European deep tech startup ecosystem, Munich-based venture capital firm Vsquared Ventures has successfully closed its latest fund, Vsquared II, at an impressive €214 million. This closing surpasses the initial target size of €165 million and marks a milestone as the largest European early-stage deep tech fund to date. The increased capital injection underscores the growing momentum of deep tech innovation in Europe and highlights the region’s emergence as a key player in the global tech landscape.
Empowering Deep Tech Innovation in Europe
With the substantial new capital secured, Vsquared Ventures is poised to continue its mission of empowering founders who are developing groundbreaking technologies and pioneering solutions that have the potential to create new markets and establish European leadership on a global scale. The fund’s focus on deep tech underscores its commitment to fostering a sovereign and resilient European deep tech ecosystem, nurturing the growth of companies that leverage cutting-edge technologies to address real-world challenges.
Vsquared Ventures’ investment strategy revolves around six generational growth themes, namely AI & next-gen software, energy transition, new computing and sensing, new space, robotics and manufacturing, and tech-bio. By supporting portfolio companies that offer highly technological solutions, such as sustainable battery recycling, innovative space access solutions, and advancements in bioengineering, Vsquared Ventures is at the forefront of driving innovation in critical sectors that have the potential to shape the future.
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Backed by a Strong Team and Diverse Portfolio
Led by experienced General Partners including Lise Rechsteiner, Thomas Oehl, Herbert Mangesius, and Benedikt von Schoeler, Vsquared Ventures has established a track record of supporting some of Europe’s most promising deep tech companies. Portfolio companies like Isar Aerospace, Zama, IQM Quantum, Inbrain Neuroelectronics, and The Exploration Company are a testament to Vsquared’s commitment to partnering with visionary founders who are poised to become global leaders in their respective fields.
The GPs of Vsquared Ventures emphasized the importance of Europe seizing the opportunity to become a global deep tech powerhouse, emphasizing the significance of solving real-world problems through technology on a global scale. By providing not only capital but also expertise, extensive networks, and strategic partnerships, Vsquared Ventures aims to empower founders to drive innovation and establish Europe as a hub for deep tech excellence.
Strategic Investments and Strong Partnerships
The successful closing of Vsquared II has already led to strategic investments in a diverse portfolio of cutting-edge technology companies, ranging from cognitive robotics and next-generation battery recycling to wearable biomarker measurement systems and space-based insights. The fund’s commitment to backing innovative solutions that address pressing global challenges underscores its role in shaping the future of technology and driving progress in key industries.
Supported by a mix of limited partners (LPs) including institutional investors, family offices, fund of fund investors, and individual players, Vsquared Ventures has garnered significant support from key stakeholders in the deep tech ecosystem. Notable LPs such as Novo Holdings, Lombard Odier Investment Managers, NATO Innovation Fund, European Investment Fund, KfW Capital, and Lingotto have underscored their commitment to deep tech innovation and the potential of European startups to lead the way in technological advancement.
The strong investor base backing Vsquared Ventures highlights the increasing recognition of deep tech as a strategic priority for investors and the pivotal role that deep tech startups play in driving innovation and economic growth in Europe. With the support of key partners and investors, Vsquared Ventures is well-positioned to continue its mission of backing the next generation of deep tech leaders and shaping the future of technology in Europe and beyond.
Vsquared Ventures’ successful fundraising for Vsquared II represents a significant milestone in the European deep tech startup ecosystem. With a focus on empowering founders, driving innovation, and building a resilient deep tech ecosystem, Vsquared Ventures is poised to play a key role in shaping the future of technology and positioning Europe as a global leader in deep tech innovation.
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