Germany-based investment firm Digital+ Partners has raised a €350 million fund to back European B2B tech startups that are ready to scale up, a healthy €50 million more than initially targeted.

The firm says it can invest up to €50 million into companies serving the industrial and financial sectors in German-speaking countries. Current portfolio companies include Orderbird, NavVis and Starmind.

Founded three years ago, the fund's investors include the European Investment Fund (EIF), KfW, institutional investors, technology companies as well as technology-oriented family offices from across Germany, the rest of Europe, the US and Asia.

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