Eurazeo has exceeded its initial fundraising target for its growth strategy dedicated to equity investments in European tech companies. Total funding raised is more than €1.6 billion, of which €320 million from the Eurazeo Group and €200 million from retail clients.

The strategy was initiated in 2014 and aims to support leading tech companies in the fields of B2B SaaS, digital health, cybersecurity, infrastructure software, fintech and marketplaces.

It is proud to have greatly contributed to the rise of the French Tech, where Eurazeo supports 24 companies within the Next 40, including unicorns Backmarket, Contentsquare, Doctolib, ManoMano and Vestiaire Collective.

With the built out of an international team comprised of about 15 dedicated investment professionals spread across Berlin, London and Paris and the new funds raised from international investors, Eurazeo has accelerated its pursuit to back tech champions across Europe and beyond.

Read more/Source: Private Equity Wire