TLDR:
- Several European venture capitalists launched new funds in July 2024 to invest in innovative startups across various industries.
- Index Ventures, ZAKA, Kennet, Lead Ventures, 13Books Capital, and others are among the VCs that announced new funds this month.
In July 2024, various prominent European venture capitalists launched new funds to invest in the next generation of innovative startups across industries like technology, healthcare, and more. These new funds aim to provide crucial support to companies in various stages, enabling them to scale operations, develop groundbreaking products, and foster economic growth. Here is a summary of some of the key European VCs that launched new funds in July 2024:
Index Ventures
Index Ventures, based in London, raised $2.3B in new funds, with a focus on backing startups that have achieved significant valuations and are making strides in the tech industry.
ZAKA
ZAKA VC, headquartered in Prague, launched its first regular VC fund at €15M to support early-stage startups in the US and EU, with a focus on B2B software, AI, biotech, and health tech.
Kennet
The UK VC Kennet raised €266M for its largest fund, Kennet VI, to invest in high-growth B2B SaaS companies in Europe.
Lead Ventures
Lead Ventures, a Hungarian VC, announced a new €100M fund to invest in late Seed and Series A companies with validated products/services.
13Books Capital
13books Capital closed a £121M fund to support fintech startups at Seed to Series A stages, with a focus on companies poised to disrupt the financial technology sector.
WorxInvest
WorxInvest launched its first fund of funds, WorxInvest Horizon I, with a focus on buyouts and growth capital for small and medium-sized companies in Europe and North America.
These new funds are expected to create significant opportunities for startups and contribute to the growth and development of the European startup ecosystem.
