Acurio Ventures Launches €115 Million Fund to Support European VC Funds

The new fund will focus only on fund-level secondary investments in European venture capital funds. This strategy allows Acurio Ventures to invest in existing VC fund holdings across Europe.

Through its direct investment strategy, Acurio Ventures has invested in around 120 European startups and companies. Its portfolio includes well-known businesses such as Seedtag, Voy, Preply, Jobandtalent, Indexa Capital, Lingokids, and Refurbed.

Ander Michelena, Founding Partner at Acurio Ventures, comments: “We continue to seek creative and differentiated strategies adapted to market conditions, with the aim of continuing to generate value for our investors and developing into a leading firm in Europe.”

“We are extremely grateful for the trust placed in us by our investors, both new and returning. Successfully launching a new fund of this nature in such a difficult fundraising market for VC, and doing so with a 100% private investor base that includes prestigious institutional investors, is a milestone and a validation that reinforces the strategy we have been pursuing,” says Diego Recondo, Partner at Acurio Ventures.

Founded in 2018, Acurio Ventures now manages more than €450 million in assets. The company has five investment funds that focus on technology businesses across Europe.

Out of these five funds, three invest directly in startups, while the other two invest in venture capital (VC) funds that support growing technology companies.

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