Acton Capital closes $215 M Acton Fund V to back tech-enabled business models in Europe and North America

by | November 7, 2019

Munich, November 06, 2019 – Acton Capital has announced the final closing of its new Acton Fund V at $215 million (€193 million). Building upon the success of its previous funds, also Acton Fund V will focus on tech-enabled business models and startups in their growth stage. Since the first investment in digital pioneer Alando, the Acton team has supported more than 80 companies on their way to market leadership. Acton Capital invests worldwide, with a strong focus on Germany and Europe (75%) and North America (25%).

“With the new Acton Fund V we aim to target startups in their growth stage. Our total investment per company will range from 5 to 20 million USD. We are looking for transformational business models across all sectors, which cater to consumers or SMBs”, said Christoph Braun, Managing Partner at Acton Capital in Munich.

“With the new Acton Fund V, we are ready to support the next generation of great entrepreneurs who want to accelerate growth and build a business that lasts.”

Christoph Braun, Managing Partner

 

Current investments out of the new Acton Fund V include Maple (telemedicine provider, CAN) expertlead (tech community, DE), LemonOne (B2B photo platform, DE), MPB (re-commerce platform, Brighton/UK) or Knix (direct-to-consumer label, CAN).

“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 who want to create value for the long run,” added Jan-Gisbert Schultze, Managing Partner at Acton Capital.

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

“We are proud to be a trusted partner for founders for five fund generations.”

Jan-Gisbert Schultze, Managing Partner

 

“We are especially happy when founders who we had the pleasure of working with become investors in our funds, supporting digital pioneers of the next generation,” says Jan-Gisbert Schultze.

The previous Acton Fund IV (2014, €170M/$190) includes category leaders like Mambu (global core banking SaaS), HomeToGo (global metasearch for vacation rentals), COMATCH (European platform for freelance consultants), zenjob (platform for student jobs on-demand) or Cluno (car subscription company).

Acton Capital has recently announced a series of successful exits including Finanzcheck to Scout24 in Germany and the $250M funding of legal tech company Clio in Canada.

Über Acton Capital Partners

Acton Capital Partners ist ein internationaler Wachstumsinvestor mit Sitz in München. Seit 1999 investiert das Acton-Team erfolgreich in digitale Pioniere in Europa und Nordamerika.

Investmentfokus liegt dabei auf skalierbaren Geschäftsmodellen aus den Bereichen Future of Work, Digitale Marktplätze und Plattformen, Ecommerce, FinTech sowie Software-as-a-Service.

Bettina Engert Administrator
Director Communications , Acton Capital

 

About Acton Capital
Acton Capital is a leading growth venture capital investor in Europe. Since 1999, the Acton team supports digital startups in the fields of marketplaces, e-commerce, SaaS, FinTech or Future of Work on their way to market leadership. Acton Capital invests worldwide with strong focus on Europe and North America. With two decades of investment experience and a deep understanding of tech-enabled business models, the team has invested over EUR 500+ million across five fund generations.

 

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