Copenhagen-based Dreamcraft Ventures, a venture capitalist, announced on Monday the final closing of its €66M Fund II, which will invest in the next generation of B2B software companies.
Limited partners of Dreamcraft’s new fund include institutional investors from the Nordics such as Chr. Augustinus Fabrikker, as well as family offices and well-connected entrepreneurs.
With Fund II, the Dreamcraft team will invest in 16 more European companies.
“We’re glad to have the continuous support and trust of our LPs to bring our investment and value-add approach – what we call venture engineering – from the Nordics to the European ecosystem, says, Carsten Salling, General Partner, Dreamcraft Ventures.
“We’re convinced that VC is a craft, not an art, and we’re excited to be supporting the most ambitious founders across Europe with our structured and reliable investment approach,” adds Salling.
Dreamcraft Ventures’ playbook
The VC is supporting ambitious founders at pre-seed and seed stages in the Nordics and across Europe with Fund II.
They are focusing on three core themes:
- B2B SaaS (like Playable),
- Digital Entertainment (such as Hiber, which graduated to EQT Ventures, and Gamerzclass, a 500 Global alumni acquired by Metafy)
- FinTech (including Banking Circle, acquired by EQT)
With its venture engineering investment and value-added approach, the Danish VC follows a structured, reliable, and formalised graduation-centric playbook and supports its portfolio founders on critical operational topics from the first engagement.
As venture engineers, the VC supports its portfolio founders through its founder enablement approach.
“With a dedicated case team for each portfolio company and an in-house People & Culture expert, Nico Blier-Silvestri, using his experience as an operator and former founder of a VC-backed company, the team is there to take the early-stage founders on a structured path to their Series A round,” says the company.
Dreamcraft Ventures: Investing in European tech-driven companies
Founded in 2019 by Jesper Søgaard and Christian Kirk Rasmussen, Dreamcraft Ventures invests in tech startups in the Nordics and Europe from pre-seed to series A and supports them in achieving the next funding rounds.
“It’s about being a reliable partner for the founders. We’re strongly convinced that early-stage investing is a craft and it’s about getting the work done. We work hand-in-hand with founders to build successful ventures and support them towards Series A, even with the nitty-gritty things. Founders can rely on us and get the missing pieces in building what is needed to be built to graduate at pre-seed and seed stages,” says Daniel Mariussen, Managing Partner, Dreamcraft Ventures, a former founder himself.
The firm has already made several investments in Germany and will continue building the bridge between the Nordics and Germany with ambitions of investing in broader Europe.
The Dreamcraft Fund II has made 14 investments so far, including:
- Rig.dev (Denmark) an open-source application platform for Kubernetes
- Hakio (Denmark) is an AI-powered forecasting platform for the fashion industry
- We Are Learning (Norway) a SaaS platform enabling immersive learning content.
- Inceptron (Sweden) is redesigning computing infrastructure by building heterogenous hardware accessibility increasing efficiency and lowering costs
- Tilta (Germany) is an embedded lending infrastructure for B2B e‑commerce transactions
- Neoke (Netherlands) is a digital identity hub that enables seamless travel experiences and empowers travellers to maintain control of their data
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