UK’s Verb Ventures launches €25M second fund for B2B marketplaces and data platforms: Know more

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London-based venture capital firm Verb Ventures has launched its second fund, totalling €25M. The fund will target late-seed to Series A investments in B2B marketplaces and data platforms.

The focus is on companies working to update trade and supply chain systems across global markets.

Verb Ventures opened its new fund with a €1M investment in SkySelect, an AI-driven procurement platform in the aviation materials sector. The investment includes participation from Lux Capital, Bain Capital, FJ Labs, and Initialized.

What to expect from the new fund?

Verb Ventures plans to build a portfolio of 15 platforms over the next three years through its €25M second fund. The firm will invest in companies addressing inefficiencies in B2B markets, including issues in transparency, procurement, and supply chains. 

This follows its first fund and builds on a portfolio of seven companies, including SmartCat, YardLink, and Geomiq. SmartCat raised $43M in 2024. 

The fund’s Limited Partners include family offices of digital entrepreneurs, industrial investors, and former executives from companies such as Yahoo Marketplace and Prisma AI.

Verb Ventures plans to change how B2B transactions are conducted through its second fund by supporting founders with capital, operational guidance, and a network of industry professionals. 

The firm will also provide access to Verb MAP, a proprietary analytical system built for digital infrastructure and marketplaces. Verb MAP supports data-driven decision making, helping founders track operational metrics, allocate resources, and identify areas for reduction.

Verb Ventures names Igor Burlakov as General Partner

Verb Ventures has appointed Igor Burlakov as general partner to co-lead its €25M second fund alongside founding partner Alexander Chikunov. Burlakov brings experience from overseeing an investment group with over $1B in trading volume. He has also led deals in funds and tech companies, including Curve.

Alexander Chikunov says, “We’re absolutely thrilled to launch our second fund! The past couple of years have been tough for venture capital, which makes us even more grateful for our amazing LPs who believe in us and fuel our mission of backing brilliant founders ready to transform entire industries.”

“Watching our debut fund in action has been an incredible ride, and we can’t wait to see what’s coming up next for us. One thing is certain: we’re staying true to our principles, doubling down on B2B marketplace platforms, and remaining as passionate as ever about supporting bold founders and game-changing businesses.”

Igor Burlakov adds, “I believed in Alexander’s vision from the very start, back when Verb Ventures was just taking shape. Now, I’m excited to step up and help scale Verb Ventures, and back entrepreneurs who are redefining the way business is done globally.”

Brief about Verb Ventures

Verb Ventures is a venture capital firm focused on supporting entrepreneurs building marketplace, platform, and B2B companies at the late seed and Series A stages. The firm provides capital, strategic guidance, and operational support to help companies scale. 

Its investment strategy targets businesses in the UK, Northern Europe, and the US East Coast, with ticket sizes ranging from €500K to €4M.

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Vishal Singh

Vishal Singh is a News Reporter and Social Media Marketing Lead at Silicon Canals. He covers developments in the European startup ecosystem and oversees the publication's social media presence. Before joining Silicon Canals, Vishal gained experience at the Indian digital media outlet Inc42, contributing to its growth with insightful content. Despite being a college dropout, his passion for writing has driven his career in journalism.

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