Paris-based Quadrille Capital nets €511 million in fourth fund

Quadrille Capital has recently announced a successful raise of €511 million in its fourth technology fund, “QT IV”.

The oversubscribed round consisted of new and returning corporate investors and family businesses across EUrope, the Middle East and North and South America. With a hard cap of €500 million, and a previous round raise of just €135 million, this level of interest represents a clear and present confidence in Quadrille’s track record.

Quadrille is reporting that up to 50% of this new round will be invested in Europe, while 30% of the raise has already be deployed via Freshly, Expanse, Hinge Health, Prose, NA-KD, JobAndTalent, ezCater, Medwing and Bitglass.

Both Freshly and Expanse have already exited, the former to Nestlé for a total of $1.5 billion and Expanse to Palo Alto Networks for a total of $800 million.

"We would like to welcome our first-time investors and thank our returning investors for their continued support. They can be confident that our deep technology and financial experience puts us in a good position to navigate safely through these volatile times,” comments Co-founder Jérôme Chevalier.