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.