btov Partners has announced the final close of a new $135 million digital technologies early-stage investment fund. This is the firms’ second fund that is aimed at digital-only investments, and the ninth vehicle since 2000. Dedicated to investments in AI, Digital Health, Fintech, Logistics, B2B SaaS and Marketplaces, the fund is focused on European seed and Series A investments.
The fund has been active for approximately a year now, and has made investments in data collaboration platform Decentriq, D2C beauty brand gitti, patient-reported outcomes data platform heartbeat medical, AI platform LatticeFlow, healthcare marketplace Vamstar, banking infrastructure provider Ecolytiq, cardiovascular digital health solution Vantis, spend management platform Finway, and remote work culture enablement platform Remi.
The firm reports that over 70 members of its Private Investor Network contributed to the fund including angel investors Logitech founder Daniel Borel, Scout 24 founder Joachim Schoss, Daniel Gutenberg, Holger Hengstler (Dress-for-less), Reiner Mauch (Consors), Toon Coppens (Netlog, Realo) and Tim Schiffers (ParshipMeet Group).
“We are very grateful to have raised this fund with such strong support from our Private Investor Network, as well as from previous institutional LPs, particularly the European Investment Fund. The close collaboration with our investors and our expanded partnership will continue enabling us to identify and win non-obvious investment opportunities better than ever,” commented btov founder Florian Schweitzer.