DN Capital raises €200m

The early stage and growth capital investor has closed its largest fund to date.

DN Capital – Global Venture Capital IV has held a final close at its target of €200 million. The oversubscribed fund will back seed and series A-stage tech companies based in Germany, the UK, the Nordics, France and the US.

Investors in the vehicle include Banco de Sabadell, Galdana Ventures, the European Investment Fund, and Banque Cantonale de Geneve.

The firm’s third fund, DN Capital – Global Venture Capital III, previously closed at €144 million September 2014.