Fintech investor holds first close of €65m European tech fund

By Emily Nicolle on 26th January 2018

Challenger Banks

GP Bullhound Fund IV is ready for Europe’s future digital stars.

GP Bullhound Fund IV is ready for Europe’s future digital stars.

GP Bullhound Fund IV holds its first close of its latest €65m fund for European tech entrepreneurs, from early stage to pre-IPO.

The leading technology and advisory firm has previously invested in fintechs like payments platform Klarna and online automobile loans broker Zuto, as well as successful tech companies like music streaming service Spotify.

Commenting on the news, Joakim Dal, Partner and Investment Advisor to the Fund, said: “We are delighted to welcome new investors and to retain the trust of partners from previous funds.

“We highly value the mix of institutional capital, family offices and entrepreneurs, all derived from our extensive network across the continents.”

European tech has also seen a great deal of recent interest from other investment firms, as London-based VC firm DN Capital launched a €200m fund exclusively for start ups in Series A or seed stage.

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