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Newion launches fourth fund ‘Newion IV’ with €130M first close, to invest in B2B software startups

Image credits: Newion

Newion, an Amsterdam-based VC, focused on early-stage B2B software startups, has launched Newion IV, its fourth investment funding, with an initial close of €130M. It is over 50% more than the previous fund, Newion III.

With the new fund, Mathijs de Wit and John Sjölander will join Patrick Polak and Frank Claassen as Managing Partners, and the 13-strong team is being expanded further.

The Dutch VC plans to invest in about twenty new early-stage B2B software startups to bring them to market leadership and fuel the Digital Transformation.

Newion Co-founder and Managing Partner Patrick Polak says, “We are tremendously proud and honored that all existing LPs from previous funds join Newion IV. Our cornerstone investors, such as BNP Paribas, PMV, family offices, HNWIs, and the European Investment Fund (EIF, promoting innovation and entrepreneurship in Europe), are joined by a large group of new LPs, such as Reggeborgh. We feel that our investment philosophy and strategy, combined with our experience and track record since 2000, are acknowledged – resulting in a speedy fundraising supported by a large group of LPs.”

He adds, “The industry needs to become more and more digital, and we’ve been supporting software companies facilitating this transformation since our foundation. With the larger fund size, we can support our investees with more funding power, so I would like to invite ambitious B2B startups to get in touch. We expect to announce the first investments of the new fund shortly.”

Early-stage B2B software investor

Founded in 2000 and active in the Benelux, Nordics, and Germany, Newion focuses on early-stage business-to-business software companies with international growth ambition.

To date, the VC has invested in more than 60 startups, including Prepr, the world’s first data-driven headless CMS, ValueBlue, a platform that helps businesses better understand and use their data, Deliverect, a SaaS provider for delivery services and restaurants, and more.

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