The UK-based Dawn, a VC firm that’s focusing on B2B software and fintech, has closed its new Opportunities Fund at $125 million. From this fund, Dawn plans to invest in Series C and later rounds of its portfolio startups and other European companies.
The firm said that this fund “is backed by institutional and family office investors across Europe and the US, including British Patient Capital.”
“Europe has significant depth of tech talent, increasingly skilled entrepreneurs, and a growing back catalogue of success stories, many of which have been backed by Dawn,” said Haakon Overli, general partner at Dawn Capital. “The new fund means we can support the next wave of success stories further through their journeys.”
Founded in 2007, Dawn currently employs a team of 10 people across nine different nationalities. Its portfolio companies include Mimecast, iZettle, Collibra, and more.