Acton Capital, a Munich-based early-stage venture, late-stage venture, and venture capital firm has announced the close of its sixth fund at €225 million.
Its largest fund to date, the firm intends to remain true to its ethos of investing in early growth-stage startups across Europe and Canada that have demonstrated a proven business model.
Acton Capital managing partner Dominik Alvermann shared:
“We have always focused on growth that is driven by reason rather than short-term momentum. We are launching Fund VI in a market environment where this approach is more crucial than ever.
“In the current market cycle, the need to balance an attractive growth profile and solid financial fundamentals will be of paramount importance.
“Our high conviction investment approach and the experience from five prior fund generations put us in a great place to be a truly meaningful partner to current and future founders.”
The firm has already invested in a number of startups via the new fund including:
Belgium’s Henchman, provides a knowledge tool for lawyers, assisting in optimising and digitising legal professionals' workflows.
Klaus, from Estonia, offers a quality assurance solution that helps enterprises drive revenue through customer service.
German firm ECO Group allows eco-brands to reach consumers with a handpicked selection of home and beauty products.
Germany’s Seatti offers a hybrid workforce management software.
Skribble is a leading Swiss e-signature service, enabling a truly digital document workflow, fully compliant with EU and Swiss standards.
Lead image: the Acton Capital team. Photo: Uncredited.