✉news BusinessStartups first seen 4 d ago, last 4 d ago, peak #2
Creandum Raises $750 Million for New Fund
Original: Spotify, Lovable Investor Creandum Raises $750 Million Fund
Creandum, the European venture capital firm known for early bets on Spotify and Lovable, has raised a $750 million fund. The Stockholm-based investor, which backs early-stage startups across Europe, will use the capital to continue funding founders at seed and early growth stages. The raise is one of the larger European VC funds announced recently, signalling renewed appetite among investors for backing new technology companies.
Why now: A major European venture firm closing a large fund is notable news for the startup ecosystem amid a slow fundraising market.
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