Lift-Off at EUR 350m – Earlybird Digital West Fund VII on its way into European deep tech space.
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May 16, 2022
The venture capital investor Earlybird has launched one of Europe’s largest early-stage funds, Earlybird Digital West Fund VII, at its hard cap of EUR 350 million after being oversubscribed.
This fund, geared towards Western European tech companies, is focused mainly on deep-tech as well as enterprise software, fintech, digital health, and sustainability.
There have been 17 investments from this new fund already, including Aleph Alpha, Deed, Finmid, Hive Technologies, HiveMQ, Marvel Fusion, MAYD, Remberg, Sikoia, and ThingsTHINKING.
Earlybird, founded in 1997, has backed many successful ventures, like N26 and UiPath, and wants to create technological and societal progress with this new fund, too. Earlybird funds highly scientific young companies who will make innovative ideas available on a global scale.
Orbit has supported many of Earlybird’s ventures, and is excited to be working with them yet again on this promising new fund. From Orbit, Dr. Simon Schachinger, Philipp Neidel, Dr. Philip Mostertz, Dr. Christian Hillebrand, Marven Unewisse, Frank Pluskat and team advised on this venture.
Responsible Orbit Crew
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