TLDR:
- Amsterdam-based Arches Capital launches Fund I with a first close of €17.5M.
- The fund will focus on investing in B2B software entrepreneurs in the Benelux region.
Amsterdam-based Arches Capital, an angel syndicate of 100 business angels, has announced the launch of Fund I with a first close of €17.5M, targeting a total of €20M. The fund was backed by a group of angels in the syndicate — Archangels and other investors, including informal investors and family offices. Arches Capital aims to make 20 to 25 new investments and participate in follow-on rounds. The company made its first investments in companies like TheyDo, Wezoo, Appjection, Costperform, and Runnr.ai. Led by Frank Appeldoorn, Diederik Stolk, and Lotte Smit van Ditshuizen, Arches Capital is focused on investing in high-growth potential startups and scale-up companies, bridging the gap between formal and informal investors with professional strategies, support, and mentorship.
The fund will primarily invest in B2B software entrepreneurs in the Benelux region, with ticket sizes ranging from €250K up to €1M in initial rounds. Arches Capital aims to support companies from the first investment to successful exits, and has a track record of investing in companies that attract follow-on rounds. The group focuses on diverse sectors within the B2B Software space due to the diverse backgrounds of its angels and aims to provide equity in return for well-balanced teams with compelling products.