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Highland Europe closes €1.1B Fund VI to back European technology scaleups

Growth-stage venture capital firm Highland Europe hasclosed a €1.1 billion sixth fund to continue investing in European technologyscaleups.Headquartered in London and Geneva, Highland Europespecialise...

Highland Europe closes €1.1B Fund VI to back European technology scaleups

Highland Europe, a prominent growth-stage venture capital firm based in London and Geneva, has successfully closed its €1.1 billion sixth fund, Fund VI. This fund is dedicated to backing European technology scaleups, building upon the firm's extensive experience and track record in the technology investment space. Since its inception in 2012, Highland Europe has raised a total of €3.75 billion across six funds, supported over 80 companies, and achieved 30 exits.

The firm's portfolio boasts notable achievements, such as the $3 billion sale of Nexthink, the acquisition of Huel by Danone, and the $7.5 billion merger of EGYM and Playlist. Notable recent investments by Highland Europe include securing a $70 million Series B round for Wordsmith, leading a $50 million Series B investment in Unframe, and participating in a $105 million Series D round for Ecorobotix.

In response to the firm's recent successes, Highland Europe expressed gratitude to its limited partners for their unwavering support, which has enabled the continued backing of Europe's most ambitious founders during a transformative era as AI reshapes industries. To further strengthen its team, the firm has promoted Helena Richardson and Jacob Bernstein to Partner, recognizing their invaluable contributions over the past decade.

The newly closed Fund VI will continue to support Highland Europe's ongoing investments in growth-stage technology companies across Europe, with the firm maintaining its offices in London and Geneva and a team of 36, including 20 investment professionals.

Written by urgent.news from Tech.eu's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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