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HV Capital closes €710M fund amidst the wider European and global funding downturn

If you’ve heard of Flixbus, SumUp, StudiVZ, Seatwave, Cafe Press, Zalando, Wooga, HelloFresh, Depop, Delivery Hero, and Agreena, then you’ve heard of companies invested in by HV Capital. The German early and growth stage VC has been a stalwart of the European tech startup ecosystem since at least the early 2000s, funding largely German-born companies which have usually scaled both in the large DACH market and often spreading internationally.
It’s now closed the its ninth “Fund IX” at €710m, its largest ever fund to date, and backed by institutional investors from Europe and the United States.

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