Luxembourg-based Cipio Partners has launched its € 202 million (£ 170.4 million) VIII fund to invest in growing European and British technology companies.

Capital VIII’s capital came from institutional and family office investors in Europe and the United States. Sovereign investors, banks and insurance companies became institutional investors.

Most of the investment came from investors in the Cipio Partners fund of 174 million euros (146 million pounds) VII.

Fund VII was used to invest in 16 technology companies, including Brightpearl, Openet and Falcon.

“We are very proud to have reached our target fund size, and are delighted with the support we have received from all of our loyal returning investors as well as new investors,” said Diana Mail, Managing Partner of Cipio Partners.

According to Trading hall dataCipio Partners has previously invested in six UK technology startups, including picoChip, Onzo and Zappi.

Cipio Partners has already made two investments with the fund in Austrian smart home maker Nuki and Munich-based Reality capture Navvis.

Founded in 2003, Cipio Partners typically makes initial investments of € 5 million to € 15 million in businesses with a profit of € 10-50 million. It has offices in Luxembourg and Munich.

“Given the current uncertainty in the market, the closure of CPF VIII is a perfect time and leaves Cipio well-positioned and well-capitalized to take advantage of market opportunities to invest in growing European technology companies,” said Roland Denert, Cipio’s managing partner. Partners.

Fund VIII follows investor Plug and Play with Silicon Valley headquarters Great Britain launched last month in partnership with Jaguar Land Rover and BT Group.


Cipio Partners launches £170m fund for growth-stage tech startups

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