Highland Europe Raises $850 Million Fund For Tech Scale-Ups
- London venture capital firm announces three partner promotions
- Firm says it invested nearly 200 million euros during pandemic
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A London-based venture capital firm behind startups GetYourGuide and Wolt said it’s raised 700 million euros ($850 million) to invest in growth-stage European software and internet businesses.
Highland Europe said Monday it saw “significant commitment from investors,” resulting in an oversubscribed fund, in part because of how technology showed it could support businesses during the pandemic and may bolster an economic recovery. It didn’t name the backers of its new investment vehicle.