Vienna-based venture capital firm Speedinvest has successfully closed its fourth flagship fund, Speedinvest 4 (Si4), at €350M, surpassing its target by an additional €50M. This achievement elevates the firm’s total assets to over €600M, marking a significant milestone in its commitment to supporting early-stage startups.
The final close of Speedinvest 4 welcomed several new Limited Partners (LPs), including Aviva, PwC Germany, Bitburger, ODDO BHF, and Abeille Assurances Ventures, alongside continued investment from the European Investment Fund (EIF) and a new commitment from Generali. The diverse investor base spans government funds, banks, insurance companies, pension funds, and large family offices, with founders from successful companies like Bitpanda and GoStudent also contributing.
Utilizing Capital for Transformative Support
The additional capital will bolster Speedinvest’s mission to provide transformative support to founders, helping early-stage startups to scale globally. Oliver Holle, CEO and Managing Partner of Speedinvest, expressed pride in the firm’s growth from a modest €10M fund in 2011 to managing over €1B in assets, emphasizing their readiness to impact the success of the next generation of tech leaders.
Commitment to Early-Stage Innovation
In an era where access to capital has been scarce, Speedinvest’s achievement reflects the strong investor confidence in its vision to create a pioneering, pan-European investment platform. The firm remains dedicated to its mission of assisting companies in building their category-defining businesses during the crucial early stages.
Recent Investments and European Reach
Speedinvest 4 has actively invested across Europe in various sectors, including Finres, Surfboard, Fertifa, cylib, NeoCarbon, and Fairlyne, many of which have secured follow-on rounds from top-tier VCs. With over 40 investment managers and offices in key European cities, Speedinvest prides itself on being the largest Seed stage investment team in Europe, focusing on Climate Tech, Deep Tech, Fintech, Health & TechBio, Marketplaces & Consumer, and SaaS & Infrastructure.
The latest fund closing positions the VC firm as a key player in the European venture capital landscape, ready to support the continent’s most promising startups and contribute to the broader ecosystem’s growth and innovation.