With Fund IX, HV Capital is committed to promoting ESG principles in the venture capital ecosystem. The investor aims to achieve a 33 percent female representation in the executive ranks of its portfolio. And by the end of the fund's term, HV Capital aims to invest 30 percent of the funds in companies that meet the climate protection and environmental sustainability criteria of the European Investment Fund (EIF).
The fund follows the 2020 launched HV Capital Fund VIII with a volume of 535 million euros and the Continuation Fund HV COCO Growth with a volume of 430 million euros. The latter was launched in 2022 to continue the existing investments from the three funds HV IV, HV V and HV Coinvestment Fund from 2010 to 2015. With the latest fund, the VC focus on high-growth companies, especially in sectors such as fintech, climate tech and the consumer goods industry.
“New opportunities to invest in the next generation of groundbreaking ideas”
"We are delighted to announce the closing of HV Capital Fund IX today with a record amount, opening up new opportunities for us to invest in the next generation of groundbreaking ideas. Fund IX will enable us to partner with outstanding entrepreneurs who are making incredible changes to our lives across all industries and markets across the continent. We look forward to supporting them in unlocking growth opportunities so they can scale sustainably and build the next big European winners."
says Rainer Markle, General Partner, HV Capital.
Fund IX has also already invested in companies specializing in data analytics, product intelligence, energy transition management, and climate technology. These include the Munich-based startup Ecoplanet as well as two Berlin and one Copenhagen start-ups.
