In the uncertain times of the global health crisis caused by the coronavirus pandemic outbreak, many companies and people have been impacted. To help these companies and founders, Dutch investor Fortino Capital Partners has launched the second fund that will send hopeful signals to entrepreneurs than ever before.
The Fortino Capital Partners’ third fund will follow the first Venture Capital fund from the company. The Fortino Capital Venture II targets investing €80 million in successful and young European software and tech startups with a focus on companies in the Benelux region. Already, the fund has recorded €45 million commitments.
First fund’s successful portfolio
The Fortino Capital I has eight software companies in its portfolio. These include Teamleader (BE), BuyBay (NL), and Bloomon (NL). The fund also invests in Dobco and Riaktr, two companies playing an active role in detecting and monitoring COVID-19. It has also completed many impact exists such as Zentrick, Piesync, Trendminer, and Melita.
Second fund invests €242M
Fortino Capital Growth PE I, the second fund worth €242 million is aimed at making investments in larger companies aimed at accelerated organic growth and investments. Its portfolio includes MobileXpense (BE), Efficy CRM (BE), and Odin Group and others in the Netherlands.
With its new investment fund, Fortino Capital aims to make initial investments ranging from €500k to €5 million for minority participants in aspiring and successful young companies in Benelux. Besides entrepreneurs and private investors, a slew of strong institutional investors including FPIM and PMV have also subscribed for the new fund as cornerstone investors.
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