BlackFin raises €100m

BlackFin Capital Partners raises capital for first venture capital fund.

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BlackFin Tech Fund I has raised €100 million towards its €150 million target, at first close. The vehicle is dedicated to European fintechs, insuretechs and regtechs.

Following on from the success of the firm’s first two buyout vehicles, European institutional investors committed to BlackFin’s venture capital fund include BpiFrance, Vaudoise Assurances Group, Groupama Group, Sogecap, Natixis Assurances and Swiss Life.