Coronavirus has definitely impacted businesses yet there are multiple companies that are doing their best. As we previously reported, VCs are still looking for prospective companies to invest in. One such notably rising Venture Capital is henQ, which invests from pre-seed to Series A in B2B software startups. The VC has hit a new milestone with its fourth fund, henQ 4, with the first close of €70 million. With the announcement, one can expect initial fundings to range between €500,000 to €3.5 million.
henQ 4 launches with a first close of €70M
The VC henQ has launched its fourth fund with a first close of a whopping €70 million. This is quite a notable jump from the €48 million first close of the company’s previous fund, henQ 3. With this funding, the main focus by henQ will still be on leading pre-seed up to Series A rounds in B2B software companies across Europe.