HOWZAT and Ennea capital partners merge; HOWZAT currently raising €100M for its new VC fund

London-based HOWZAT Partners and Berlin-based Ennea capital partners are all set to merge as HOWZAT ennea Group. Their aim is to create one of Europe’s leading early to mid-stage investment, merger & acquisitions, and advisory businesses.

Within HOWZAT ennea, HOWZAT will continue to build to invest in early and mid-stage digital businesses with a focus on Europe. Ennea will serve primarily as the combined group’s M&A and advisory arm.

HOWZAT and Ennea capital partners

Howzat Partners was founded in 2006 and is based out of Luxembourg and London. The venture capital firm specialises in incubation, seed, startup, growth capital, early-stage, and mid venture investments. 

The firm seeks to invest in digital businesses with a focus on the internet, digital media, e-commerce companies. Besides, it is also one of the top 3 travel technology investors, and as per Dealroom.co, it is ranked in the top 5% of European seed-stage investors.

HOWZAT is now raising up to €100M for its new Luxembourg-based VC fund, to be named “Fund Four”. With this early-stage growth fund, the group will continue investing globally into seed and mid-stage start-ups, with a primary focus on Europe.

As for Ennea capital partners, it was founded in 2016 as an investment, M&A and consulting company. Based out of Switzerland, the company operates its primary activities in Europe and Asia. Its team of 7 is based in Zurich, Berlin, London, Amsterdam, and New Delhi. 

Ennea’s aim is to support innovative ideas that can help improve the way we live and interact. Through its investments and direct engagement with projects, the firm now looks to improve in travel, mobility, and media projects.

Furthermore, the company also provides consultation on various topics to improve and optimise business strategy and processes.

Supporting digital transformation of global economy

As of now, HOWZAT and ennea, between them, have made over 100 investments, and have assisted more than 60 transactions across multiple technology spaces.

The newly combined team will be joined by the addition of government finance expert and head of deals at Angelgate, Tobias Salzig, as well as fundraiser & venture builder, Rodrigo Ponce de Leon.

Speaking on how the company functions, HOWZAT co-founder David Soskin, says “We leverage our first-hand experience to support our portfolio entrepreneurs in their mission to run and scale excellent businesses. We then provide follow-on investment and long-term support to help build strong businesses. In addition, we have the fundraising and M&A skills to secure finance and successful exits for start-ups.”

The HOWZAT ennea team considers that both the recent COVID-19 pandemic and the increased focus on climate change will significantly accelerate the transition of the global economy towards digital technology. According to the group, it plans to play a pivotal role in this transformation.

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