TLDR:
- Dreamcraft Ventures has closed a new fund of €66 million to invest in European tech-driven companies.
- They plan to invest in 16 more companies across Europe.
Article Summary:
Dreamcraft Ventures, a venture capital fund based in Copenhagen, has successfully closed a new fund of €66 million. The company is known for supporting early-stage startups in the Nordic and Baltic regions, with investments in startups like Hiber and Banking Circle. With the new fund, Dreamcraft intends to invest in 16 more companies across Europe, expanding its reach beyond the Nordic and Baltic regions.
Carsten Salling, the General Partner at Dreamcraft Ventures, expressed excitement about the continued support from limited partners and the expansion of the company’s investment approach. The firm’s focus is on providing capital and resources to innovative startups to foster growth and development in the tech ecosystems of Europe.
Dreamcraft’s strategy is to identify startups with high growth potential, particularly in the technology sector. The partners at Dreamcraft work closely with founders to provide support and resources needed for success at pre-seed and seed stages.
The Nordic and Baltic regions are seen as fertile grounds for innovation and entrepreneurship, with strong educational institutions, a robust tech talent pool, and a supportive entrepreneurial ecosystem. Countries in these regions have produced successful startups that have gained international recognition, making them attractive investment opportunities for firms like Dreamcraft Ventures.
Overall, Dreamcraft Ventures aims to support ambitious founders across Europe with a structured and reliable investment approach, believing that venture capital is a craft that can help drive the growth of innovative startups in the region.
