Amsterdam’s Newion launches 4th fund at €130M, to back 20 early-stage software startups

Amsterdam-based Newion, a venture capital investor, announced on Wednesday that it has launched its fourth investment fund, Newion IV, with an initial close of €130M. The initial closing of Fund IV is over 50 per cent more than the previous fund, Newion III.

With Newion IV, the VC says it aims to invest in about twenty new early-stage B2B software startups between now and September 2027.  

The VC says that Newion IV is supported by the European Union through the InvestEU fund.

Newion: What you need to know

Founded in 2020, Newion is a pan-European early-stage venture capital firm that invests exclusively in early-stage business-to-business software companies in the Benelux, Nordics, and Germany.

Besides capital, the VC also offers a hands-on approach, knowledge, and network to help ambitious northwest European companies emerge as market leaders. 

The company has invested in 70+ companies, including Collibra, Reasult, Nallian, Foleon, CustomerGauge, L1nda, Swipeguide, Deliverect, Passendo, MediaTool, Filestage Apicbase, Salonkee, and Objective Platform.  

The Dutch VC is currently managed by Patrick Polak, Frank Claassen, Mathijs de Wit, and John Sjölander.

Newion Co-founder and Managing Partner, Patrick Polak, says, “We are tremendously proud and honoured that all existing LPs from previous funds join Newion IV. In addition, our cornerstone investors, such as BNP Paribas, PMV, family offices, and HNWIs, and the European Investment Fund (EIF, promoting innovation and entrepreneurship in Europe) are joined by a large group of new LPs, such as Reggeborgh.” 

“As a result, we feel that our investment philosophy and strategy, combined with our experience and track record since 2000, are acknowledged – resulting in speedy fundraising supported by a large group of LPs. The industry needs to become increasingly digital, and we’ve been supporting software companies facilitating this transformation since our foundation. With the larger fund size, we can support our investees with more funding power, so I would like to invite ambitious B2B startups to get in touch. We expect to announce the first investments of the new fund shortly.” he adds.