KPN Ventures, the venture capital investment arm of KPN, has invested in the third investment fund of Speedinvest, a pan-European cross-sector fund focussed on early-stage European technology companies in the field of Consumer and Industrial Technology, Fintech, Marketplaces and Digital Health.
Speedinvest, with offices in Berlin, London, Paris, Munich, San Francisco and Vienna, provides a unique growth support platform for early-stage European tech companies through a dedicated team of 40 investment professionals, 20 in-house operational experts and by leveraging its strong partnerships across Europe with accelerators, research institutions and universities.
With a total fund size of €190M, Speedinvest III will focus on pre-seed and seed investments in Deep Tech, Fintech, Industrial Tech, Marketplaces, Digital Health and Consumer Tech across Germany, Austria and Switzerland, broader Western Europe and Central & Eastern Europe. Speedinvest III will build on the fund’s nine-year experience in investing in European startups, and on the success of the Speedinvest I and II funds.
Marcel van der Heijden, Partner at Speedinvest
The partnership has already proven productive and valuable for Speedinvest in terms of sharing and creating market opportunities, as well as having access to specific domain expertise in the KPN organization.
Hans Söhngen, Managing Director KPN Ventures
We are excited to work with Speedinvest as a way to further expand the scope and opportunity for KPN to engage in partnerships with innovative European technology companies, particularly in the Germany, Austria and Switzerland area, in order to bring value to KPN’s customers.
