A new secondary investment fund has opened in Amsterdam. Arcven Capital claims to be the first and only secondary venture capital fund focusing on technology startups in the EMEA area.
The Dutch fund hopes to raise €80M in total, reports TechEU.
What does Arcven Capital offer?
The firm allows founders and early investors to sell a portion of their stock. Arcven seeks the “best-performing” growth-stage tech startups with disruptive and high-potential business concepts. “We invest in; seed and growth stage, sector agnostic, global tech startups,” says he company.
The Amsterdam-based fund offers to purchase minority shares in growth startups in order to assist founders and early investors in monetising a portion of their holdings at a discount.
The founders/early investors can profit from their investments without having to wait for a future IPO or acquisition to monetise their shares by selling them.
Arcven Capital’s founding partner, Ahmet Argun, says, “We think that there is an incredible potential in the world of entrepreneurship. We are here to discover and grow this potential and to support entrepreneurs.”
“With secondary market investments, we offer a different approach to the venture capital ecosystem and offer shareholders an early exit option. By focusing on secondary market investments, we want startups to grow, increase their potential and increase the interest of new investors to invest in this increased potential.”
“While this creates a great opportunity for entrepreneurs, it will also contribute to the development of the ecosystem. We look forward to a future full of cooperation and growth.”
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