Europe’s leading growth stage technology investorHighland Europe today announced that it has closed its third fund in six years, raising €463m to boost funding for globally ambitious European software and internet-enabled businesses. Significantly oversubscribed, the fund was raised in just 12 weeks and takes the firm’s assets under management to €1.1bn.
There are now 29 active companies in the Highland Europe portfolio, with combined revenues of €1.1bn in 2017. Together the firm’s companies employ over 6,500 people and are based primarily in Germany, the UK, and France and more broadly in Finland, Ireland, Italy, the Netherlands, Spain, Switzerland and the US.