Endeit Capital, an Amsterdam-based growth capital firm announced on Monday that it has closed its third funding round – Endeit Fund III at €303M to support European tech scaleups. In Endeit Fund III, the VC has secured an additional €50M to meet the growing investors’ demand.
As per the company’s claims, around €50M has come from German investors. To date, the German-Dutch growth capital firm has been financed by more than 75 entrepreneurs, with Endeit Capital having funded twelve of those entrepreneurs.
With this fund, Endeit aims to support European internet companies that aim to accelerate the digital transformation of European society and economy through its product and services.
European entrepreneurs and institutional investors are doubling down on the fund, with KFW Capital (ERP/Zukunftsfonds-Wachstumsfazilität) acting as an institutional German anchor investor.
“To meet the continuous investor demand, we re-opened our Fund III, closing now at a symbolic number of €303M. We are pleased that both entrepreneurs and institutional investors are fully committed to our strategy and our way of working. We are delighted to welcome Germany’s leading institutional investor KFW Capital as an investor, representing an ideal anchor investor within the German market. Germany is an important market for us: Endeit Capital is present in the DACH region for more than ten years and the whole team is doing an exceptional job! We have a strong investor base in Germany – the commitment of KFW Capital marks a major milestone on our journey towards fueling innovation and supporting entrepreneurship. We keep focusing on founders who can profit from our practical experience and network in scaling internationally,” says Hubert Deitmers, founder and managing partner of Endeit Capital.
Last year, the VC made four major investments in
- Parcellab – Germany
- Sharpist (announced back in February) – Germany
- Stravito – Sweden
- Amberscript – The Netherlands
Aims to support European tech scale-ups
Endeit Capital was founded in 2006 and has offices across Germany and the Netherlands.
The founding team was part of Endemol, the largest and most successful provider of entertainment content, scaling it to 30 countries and becoming a category leader worldwide.
The VC and its community of entrepreneurs and experts support companies with capital and management guidance to reach maturity. the firm recently opened an office in Stockholm (Sweden), confirming its long-standing commitment to the Nordic region.
