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Startup Capital300 reaches $ 50 million

The Austrian startup fund Capital300, which is also active in the crypto sector, announced its closing on January 15 with 50 million US dollars in a press release.

About Capital300

Capital300 is partnering with other leading US and UK funds to lend venture capital to European start-ups. As partner Roman Scharf told Trending Topics, the fund can raise a total of $ 100 million to $ 120 million in capital.

The cooperation partners include the venture capital companies Accel Partners, Index Ventures, Sequoia Capital and Greylock.

The finance growth is going really fast

Capital300 only contains money from Austria. In addition to companies such as Sparkasse Oberösterreich, Raiffeisen and the Vienna Insurance Group, these include well-known domestic investors such as Dietrich Mateschitz from Red Bull, Hans Peter Haselsteiner, Hilde Umdasch and Alfred Luger from Runtastic.

Each year, the fund targets four to six deals worth between € 2 million and € 10 million to finance growth, focusing on high-growth technology companies in the fields of artificial intelligence, blockchain, SaaS and VR / AR.

That Capital300 is a good address for blockchain startups, proves the only recently announced financing round for the Icelandic verification platform Authenteq. Together with Draper Associates, Capital300 has invested $ 5 million in a recent round of financing.

Published inStartups

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