Munich-based VC firm Acton Capital closes new €193 million fund to back tech-enabled business models in Europe and North America

Acton-Portfolio

The Munich-based growth venture capital investor Acton Capital has just announced the final closing of its new Acton Fund V at €193 million. Building upon the success of its previous funds, the new fund will focus on tech-enabled business models and startups in their growth stage.

Since the first investment in Alando forming the core of eBay Europe in 1999, the Acton team has supported over 80 digital companies  on their way to market leadership. Acton Capital invests worldwide, with a strong focus on Germany and Europe (75%) and North America (25%).

Christoph Braun, Managing Partner at Acton Capital, stated: “With the new Acton Fund V we aim to target startups in their growth stage. Our total investment per company will range between 5 and 20 million USD. We are looking for transformational business models across all sectors, which cater to consumers or SMBs. With the new fund, we are ready to support the next generation of great entrepreneurs who want to accelerate growth and build a business that lasts.”

Current investments out of the new Acton Fund V include (among many others) Maple, expertlead and LemonOne.

Braun continued: “Even in this hyper-growth environment, we can always rely on our core expertise: investing in substance, not the next hype. We only partner with teams who have a clear path to profitability and who are looking for active support instead of just money. As business model investors, we focus on real customer value and sustainable cash flows. No matter if the scope is national, international or global, we are looking for entrepreneurs that want to create value for the long run.”

Limited partners of the new Acton Fund V include the European Investment Fund (EIF), KfW Bank as well as renowned family-offices and entrepreneurs from Europe’s digital landscape.

The previous Acton Fund IV (2014, €170 million) includes the global core banking SaaS solution MambuHomeToGo – a global metasearch for vacation rentals, COMATCH, a European platform for freelance consultants, and the car subscription company Cluno.

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