Home / Business and Economy / Sprints Closes Massive €725M Fund V for Tech Startups
Sprints Closes Massive €725M Fund V for Tech Startups
13 Oct
Summary
- Venture capital firm Sprints has successfully closed its fifth fund.
- The new fund totals €725 million, equivalent to $810 million.
- Investment will target marketplace, financial, and software startups.
Venture capital firm Sprints has successfully closed its fifth investment fund, raising a substantial €725 million (approximately $810 million). The firm has confirmed that it is actively deploying these funds. Investments are being channeled into both new ventures and its existing portfolio.
The focus of this new fund is on startups operating within key sectors. These include marketplace platforms, financial technology (fintech) companies, and software development firms. This strategic allocation signals Sprints' continued commitment to backing innovative businesses in these dynamic industries.