360 Capital Kicks-Off Its New 90m€ Early Stage Fund
360 Capital, a leading player in European Venture Capital, announces the 90M€ initial closing of its new fund: 360 Fund V.The firm’s fifth generation fund in its 23-year history will target Series A and B investments in breakthrough European tech start-ups, with particular focus on France, Italy and Spain.
The final closing, capped at 150M€, is expected by the end of 2020. Fund V will invest tickets ranging from 2 to10M€ in innovative and highly scalable digital and deep tech initiatives. Leveraging its diverse and experienced team as well as its longstanding track-record of success, the firm will continue its strategy of investing in the following areas:
- Deeptech – ground-breaking technology from world-class engineering talent
- Next Generation Automation – cutting-edge SW/HW solutions driving business performance and efficiencies
- Mass Consumer Disruption – digital tech-enabled business model innovations disrupting massive consumer markets
The fund brings together a diverse set of LPs, including leading public and private institutional investors, as well as a number of new corporates and family offices.
« The Fund’s closing, especially considering the chaotic global situation, confirms LPs recognition and interest in 360 Capital’s unique positioning and investment strategy”, says Emanuele Levi (General Partner). « The current context offers a myriad of opportunities, and we’re in the best position to seize them”, declares Dominique Rencurel (General Partner). “Despite the present climate, we are actively investing and are proud to announce four new deals closed in the past eight weeks”.