List of European Venture Capital Funds Announced in 2024 ($6.4billion)

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Team S

Posted on 27 Dec 2024.

As we approach the end of 2024, here is a comprehensive summary of venture capital funds announced this year. The list highlights their fund sizes, strategic focuses, and emphasizes their geographical focus on the EU and UK. These funds span a diverse range of industries, including fintech, enterprise software, climate tech, healthcare, and deep tech, collectively representing approximately $6.4 billion USD in capital.


Over $1 Billion


Index Ventures  

- Fund Size: $2.3 billion (€2.1 billion)  

- Strategy: Invests in transformative international businesses across Europe, the US, and Israel, focusing on technology-driven companies.  

- Website: https://www.indexventures.com/  


- Atomico - Fund VI  

 Fund Size: $1.24 billion  

 Strategy: Investing in tech startups shaping the future of industries  

 Website: https://atomico.com  


- Evolution Equity Partners Fund  

 Fund Size: $1.1 billion  

 Strategy: Focus on cybersecurity startups in the UK and Europe  

 Website: https://evolutionequity.com  


$500 Million - $1 Billion


- Headline Growth Fund  

 Fund Size: $865 million  

 Strategy: Investments in growth-stage tech companies worldwide  

 Website: https://headline.com  


- 20VC Fund  

 Fund Size: $400 million  

 Strategy: Early-stage investments in disruptive startups  

 Website: https://20vc.com  


- Creandum Fund VI  

 Fund Size: €500 million  

 Strategy: Early-stage investments in European tech startups  

 Website: https://creandum.com  


- OIC Growth Fund I  

 Fund Size: $370 million  

 Strategy: Supporting growth-stage startups across sectors  

 Website: https://oic.com/


$100 Million - $500 Million



- Speedinvest Flagship Fund IV  

 Fund Size: €350 million  

 Strategy: Investments in early-stage European startups  

 Website: https://www.speedinvest.com  


- Norrsken - Impact Fund II  

 Fund Size: €320 million  

 Strategy: Supporting impact-driven companies with solutions for global challenges  

 Website: https://norrsken.org  


- Imec xpand

Fund Size: €300 million

Strategy: Investing in early-stage deep tech and healthcare startups with a global focu

Website: https://imecxpand.com/


- Seaya Climate Tech Fund  

 Fund Size: €300 million  

 Strategy: Investments in climate tech startups addressing environmental challenges  

 Website: https://seaya.vc/ 


- World Fund

Fund Size: €300 million

Strategy: Investments in startups addressing climate change, focusing on energy, transport, food and agriculture, manufacturing, and buildings.

Website: https://worldfund.vc


- Clean Energy Ventures Fund  

 Fund Size: €281 million  

 Strategy: Investments in clean energy and climate-focused startups  

 Website: https://www.cleanenergyventures.com   


- Kennet Partners  

 Fund Size: €266 million  

 Strategy: Growth investments in tech-enabled companies  

 Website: https://kennet.com  


- Vsquared Ventures Fund  

 Fund Size: €214 million  

 Strategy: Specializes in early-stage investments in deep tech sectors  

 Website: https://www.vsquared.vc  


- Extantia Capital Fund  

 Fund Size: €204 million  

 Strategy: Climate tech investments to accelerate green innovation  

 Website: https://www.extantia.com  


- Frontline Seed and Frontline Growth

Fund Size: €200 million

Strategy: Investing in seed to series-B B2B software companies

Website: https://frontline.vc/


- Scientifica Venture Capital Fund

Fund Size: €200 million

Strategy: Investing in deep tech (advanced manufacturing and materials, AI, Quantum)

Website: https://scientifica.vc/


- Redalpine Fund VII  

 Fund Size: €200 million  

 Strategy: Investments in disruptive tech and life sciences startups  

 Website: https://www.redalpine.com  


- Nextalia Ventures  

- Fund Size: €150 million  

- Strategy: Focuses on technology startups and scale-ups in Italy, Europe, and the United States, particularly in sectors like Fintech, Insurtech, Edtech, Agritech, and Healthtech.  

- Website: https://nextaliasgr.com/en/


- 13books Capital  

- Fund Size: £121 million (€144 million)  

- Strategy: Partners with Europe's top fintech founders, focusing on late Seed and Series A investments in the financial technology sector.  

- Website: https://13bookscapital.com/


- WorxInvest  

- Fund Size: Over €100 million (WorxInvest Horizon I)  

- Strategy: A fund of funds focusing on buyouts and growth capital for small and medium-sized companies in Europe and North America.  

- Website: https://worxinvest.be/  


Frumtak Ventures  

- Fund Size: €83 million

- Strategy: Invests in companies from the early stage through IPO, supporting entrepreneurs solving complex real-world challenges using advanced technologies.  

- Website: https://www.frumtak.is/  


Biovance Capital Fund I  

- Fund Size: €51 million (first closing)  

- Strategy: Focuses on early-stage biotech companies across Europe, with a special emphasis on Portugal and Southern Europe, investing in novel transformational therapies.  

- Website: https://biovancecapital.com/  


$50 Million - $100 Million


- Natural Ventures Fund  

 Fund Size: $100 million  

 Strategy: Addresses food and water security through innovative startups  

 Website: https://www.naturalventures.vc  


- Voima Ventures Fund III

Fund Size: €100+ million

Strategy: Early-stage investments deeptech companies in Nordics and Baltics

Website: https://voimaventures.com/


- Expansion Fund  

 Fund Size: €100 million  

 Strategy: Investing in European New Space startups to drive innovation in the space industry  

 Website: https://expansion.space  


- Future Energy Ventures Climate Fund  

 Fund Size: €120 million  

 Strategy: Invests in innovative startups addressing energy and climate challenges  

 Website: https://www.future-energy-ventures.com  


- Lead Ventures  

- Fund Size: €100 million  

- Strategy: Invests in late Seed and Series A companies in Central and Eastern Europe, emphasizing growth investments in validated products/services.  

- Website: https://leadventures.eu/


- Smedvig Capital - European B2B Startups Fund  

 Fund Size: £115 million  

 Strategy: Growth-stage investments in European B2B startups  

 Website: https://www.smedvigcapital.com  


- Marktlink Capital  

- Fund Size: €80 million  

- Strategy: Provides access to private equity and venture capital funds in Europe and North America, focusing on technological trends including Artificial Intelligence (AI).  

- Website: https://www.marktlink.com/  


- Ada Ventures Fund II  

 Fund Size: £63 million  

 Strategy: Venture investments with a focus on diversity and inclusion  

 Website: https://www.adaventures.com  


- Outward VC  

 Fund Size: £51 million  

 Strategy: Early-stage investments in fintech and enterprise software startups  

 Website: https://www.outwardvc.com  


 Under $50 Million


- Creas Impacto II  

- Fund Size: €35 million (first closing)  

- Strategy: Invests in startups generating positive impact in areas such as sustainability, social inclusion, and technology for the common good, aiming to reach €70 million.  

- Website: https://www.creas.es/  


- AIB Foresight SME Impact Fund  

 Fund Size: €25 million (second close)  

 Strategy: Supporting SME growth with an impact-focused approach  

 Website: https://www.foresightgroup.eu  


ZAKA VC  

- Fund Size: €15 million  

- Strategy: Targets pre-seed and seed-stage startups in Europe (Central Europe, Baltics, UK, DACH) and the US, with a focus on B2B software, AI applications, biotech, and health tech.  

- Website: https://zaka.vc/  


- Araya Ventures - Super Angel Fund  

 Fund Size: €9.8 million  

 Strategy: Investments in early-stage startups  

 Website: https://www.arayaventures.com  


- Syndicate One  

 Fund Size: €6.5 million  

 Strategy: Supporting Belgian founders at early stages  

 Website: https://www.syndicate.one/  

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