For the past decade, Christian Winter, Jan Sessenhausen, Helmut Klawitter and Wilken Engelbracht been picking some winners. The quartet counts Zalando, Delivery Hero, and Klarna amongst its early investments. In total, the companies they’ve chosen to stand behind now have a combined valuation north of €80 billion.
That's a lot of good bets.
To this end, announced today, the experienced investors have launched their own fund, Cusp Capital.
And these folks aren’t messing about; their opening salvo is a nothing-to-sneeze-at €300 million. LPs of the new fund include the European Investment Fund, KfW Capital, RAG-Stiftung, and NRW.BANK, as well as numerous family offices and entrepreneurs.
Cusp Capital will carry on the tradition of its founders and is specifically pointed at early-stage European tech companies that have the power to capture global markets.
"We dedicate a lot of time to developing investment hypotheses with global relevance," comments Cusp Capital general partner Jan Sessenhausen. "We use these hypotheses to identify promising companies, and actively approach entrepreneurs with our expertise. Having our own perspective early on allows us to see eye-to-eye with founders and have the deep discussions needed to help them realise their full potential."
Looking forward, a particular emphasis for Cusp Capital will be sustainability. Much like digitisation has been a trending topic for the past 20 years, Cusp Capital believes sustainability is the new black.
Cusp Capital calls picturesque Essen home and also maintains an office in Berlin.