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Berlin Venture Fund 468 Capital Plans Second SPAC Listing

  • Early-stage investor aims to raise 250 million euros
  • Serial SPAC issuers are becoming more common in Europe

Photographer: Stefanie Loos/AFP/Getty Images

468 Capital, the Berlin-based venture capital fund, is planning to seek about 250 million euros ($283 million) from a listing of its second special purpose acquisition company, people with knowledge of the matter said. 

The German investment firm is working with Berenberg on plans for the blank-check company, the people said, asking not to be identified because the information is private. It aims to announce the potential Frankfurt listing as soon as this month, according to the people.