Northzone has raised in excess of €1 billion in new capital commitments for what is the firm’s targets fundraising to date and one of the largest venture capital funds raised in Europe so far this year.
With the new funds, Northzone will invest in global consumer and enterprise companies across Europe and the US. This will reflect the international VC firm’s long-term investment philosophy, focusing on global opportunities at all funding stages from seed through to IPO.
Since the launch of its $500m Fund IX in 2019 Northzone has significantly expanded its offer to founders with new hires across Sustainability, Marketing, Talent and Business Development. Northzone continues to build a diverse team, both internally and through its portfolio companies, and is one of the only venture firms globally with a 50/50 gender split in its investment team.
Read more: Private Equity Wire
