Investing in European Tech
Notion Capital, an investor in European technology companies, has closed an “oversubscribed” €300m fund, highlighting the resilience and productivity of the European tech sector. This fifth investment fund from Notion Capital has already made investments in AI startup Resistant AI and data startup M3ter, and plans to make approximately 20 Series A+ investments. The €300m fund is nearly double the size of its previous fundraise, reflecting the growing momentum of the firm.
A Track Record of Investment
Since its establishment in 2009, Notion Capital has invested in over 100 early-stage business software firms and fintech companies across Europe. Some notable investments include CurrencyCloud, GoCardless, Paddle, and Yulife in the UK, as well as HeyJobs and Upvest in Germany, and Cobee in Spain. The firm’s portfolio spans a wide range of sectors and geographies within the European technology ecosystem.
Strong Investor Interest
The €300m fund received strong support from a diverse group of investors, including wealth funds, endowments, pension funds, family offices, and high net worth individuals from Europe, MENA, and the United States. Stephen Chandler, Managing Partner at Notion Capital, highlighted that Fund V strikes a balance between providing meaningful funding to portfolio companies and delivering outsized venture capital returns for investors.
Continued Growth and Expansion
Notion Capital has also announced several appointments to strengthen its team. Itxaso del Palacio, a former Microsoft executive, has joined as a General Partner, while Stephanie Opdam and Kamil Mieczakowski have been appointed as Partners. These strategic hires reflect the firm’s commitment to continued growth and its focus on identifying and supporting groundbreaking European tech companies.