Acton Capital, a veteran in the European venture capital scene, has recently closed its sixth fund at a record €225M. This German VC, established in 1999, intends to invest these funds across Europe and Canada. Remarkably, this latest fund brings their total capital to nearly €1 billion.
Focused investment strategy
Dominik Alvermann, Acton Capital’s Managing Partner, emphasised the importance of their investment strategy. He stated, “We focus on growth driven by reason, not short-term momentum.” Acton’s approach balances growth and financial stability, vital in the current market cycle. Julius Lühr, Principal at Acton Capital, added, “Our risk-aligned investment approach is uniquely tailored to each founder’s needs.” This strategy has led to several initial investments, including Henchman in Belgium and Klaus in Estonia.
Sustainable scaling and business innovation
Acton Capital prioritises sustainable scaling strategies and business model innovation over purely technological advances. Alvermann explained that while tech innovation is crucial, applying existing technology in innovative ways is equally significant. He cited SoSafe, a portfolio company, as an example. SoSafe tackles cybersecurity not through technical measures but by training employees to manage risks effectively.
Significant investments and success stories
Since its inception, Acton Capital has supported close to 100 companies. Their success stories include industry leaders like Etsy and HomeToGo. The VC plans to make 15-18 deals with the new fund, with a focus on Series A and Series B stages. Moreover, they plan to reserve 50% of the fund for follow-on investments.
A testament to Acton’s success and strategy is the fact that 99% of limited partners (LPs) from the previous fund have reinvested in Fund VI. This strong backing reflects confidence in Acton’s investment approach and its focus on long-term growth and sustainability.
Investment in diverse sectors
Acton Fund VI has already made investments in a variety of sectors. These include ECO Group in Germany, Seatti, also based in Germany, and Skribble in Switzerland. These companies range from AI-driven tools to eco-friendly consumer platforms, demonstrating Acton’s diverse investment portfolio.
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