A new hope: HV Capital raises record €710M to invest in European startups

The first quarter of 2023 was pretty bleak for the European startup ecosystem, to say the least. Funding fell a whopping 57% compared to Q1 of 2022, and fundraising is on pace for the lowest total since 2015. As such, the recent developments being heralded from Berlin might bring particularly welcome succour.  German VC firm HV Capital announced today it has raised its ninth and largest fund ever, with €710 million for investments across all growth phases – all the way from pre-Seed to Series D and beyond.  The fund is backed mostly by institutional investors from Europe and the…

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