Investment bank GP Bullhound has closed its latest tech fund at €113 million

Investment bank GP Bullhound has closed its latest tech fund at €113 million

GP Bullhound, the technology advisory and investment firm born (and still very active) in Europe, has announced the final close of its latest tech fund at 113 million euros to continue backing companies with traction in the software, marketplace, fintech and entertainment sectors.

The firm, which was founded back in 1999 and has invested in the likes of Slack (yes,the company that's going public today), Ontruck, Klarna, Tradeshift, Glovo, Stratio and LendInvest, says it currently employs 110 people across nine offices on three continents.

The company also sells €5,000 dog statues, €350 cufflinks, duffel bags and umbrellas, for some reason.

Anywaaay - the vehicle, dubbed GP Bullhound Fund IV, had a first closing at €65 million in January last year.

"We are passionate about backing great technology entrepreneurs and this oversubscribed final close allows us to commit more capital to the best of the best", said Per Roman, co-founder of GP Bullhound.

More information over at Financial News.

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