Berlin-based and female-led VC firm La Famiglia has announced a €50 million fund for B2B tech startups. This second fund will make initial investments of up to €1.5 million with a vertical focus on logistics and supply chain, industrial tech and insurance. Approximately half of the fund will be used for these first cheques, while the rest is reserved for follow-on rounds.
Since closing its first fund at €35 million in 2017, the German firm has invested in 37 companies across Europe, including Berlin’s freight forwarding platform Forto, modular production platform Arculus, contractor payment platform Deel, and data collaboration platform Graphy.
Led by Dr. Jeannette zu Fürstenberg alongside partner Judith Dada, the VC aims to “foster cooperation between young digital disruptors and leading companies”. Franke group, which has invested in La Famiglia since the first fund, is “convinced by the concept of connecting old economy families and startups,” and that connection of old and new appears throughout the LP base as well.
Established industry players such as the Mittal, Pictet, Oetker, Hymer and Swarovski families, as well as the owning families behind conglomerates such as Hapag Lloyd, Solvay, Adidas, and Valentino, invest alongside new economy leaders Niklas Zennström (Skype, Atomico), Zoopla’s Alex Chesterman and Personio’s Hanno Renner.
Photo: partner Judith Dada and founding partner Jeannette zu Fürstenberg, by Kai Mueller