SpeedInvest closes latest VC fund

The European venture capital firm has raised €190 million for its latest tech-focused vehicle.

  • Fund name: SpeedInvest III
  • Amount raised: €190 million
  • Target size: €175 million
  • Stage of fundraising: Final close
  • Final close date: February 2020
  • Time on the road: 13 months
  • Predecessor fund: SpeedInvest II (€91 million)
  • Transaction size: €50 thousand to €1.5 million

SpeedInvest, a Vienna-based venture capital firm has closed SpeedInvest III, its latest tech-focused seed-stage vehicle. The fund will invest in the TMT sector across Europe. With the latest fundraise, the firm is now managing €400 million.