TLDR:
- Danish Dreamcraft Ventures closes Fund II at €66 million, exceeding its initial target.
- The firm focuses on supporting B2B software companies across Europe, particularly in the pre-seed and seed stages.
Copenhagen-based Dreamcraft Ventures has successfully closed its Fund II at €66 million, exceeding its initial target. Since its inception in 2019, the firm has focused on supporting B2B software companies across Europe, particularly in the pre-seed and seed stages. Backed by prominent institutional limited partners such as Chr. Augustinus Fabrikker and various Family Offices, Dreamcraft Ventures has already made significant investments in Germany.
The firm’s “venture engineering” approach provides structured support to its portfolio companies, leading to successful graduations and exits. Looking forward, Dreamcraft Ventures plans to invest in 16 more companies across Europe, providing comprehensive operational support from initial engagement to Series A. The firm aims to expand its portfolio to over 40 investments across Europe, leveraging its successful investment model from the Nordics.
This expansion is part of Dreamcraft Ventures’ strategy to bridge the tech ecosystems between the Nordics and broader Europe. The firm’s approach has already yielded notable successes, with companies like Hiber and Banking Circle progressing to significant acquisitions and partnerships. Dreamcraft Ventures’ commitment to supporting ambitious founders is underscored by its plans to invest in 30 new companies, exceeding its initial fund target.
The firm’s unique “venture engineering” approach provides structured and reliable support to its portfolio companies, ensuring a higher rate of successful graduations and exits. With the final closing of Fund II, Dreamcraft Ventures is well-positioned to continue its mission of supporting the next generation of B2B software companies across Europe. Through its strategic investments and operational support, the firm is set to make a significant impact on the European tech ecosystem.
