ACTON VI: €225M to back companies ready to scale and built to last
Munich, November 8, 2023: Acton Capital has announced the closing of its Fund ACTON VI to invest throughout Europe and Canada. The team remains committed to backing companies in their early growth phase, with a focus on startups developing sustainable scaling strategies rooted in proven business models.
The new €225m fund is Acton Capital’s largest fund thus far, bringing its total capital close to €1 billion. First investments out of the new fund include four B2B investments and one B2C investment in Germany, Belgium and Estonia
“At Acton Capital, we have always focused on growth that is driven by reason rather than short-term momentum.
Dominik Alvermann, Acton Capital
“We are launching Fund VI in a market environment where this approach is more crucial than ever. In the current market cycle, the need to balance an attractive growth profile and solid financial fundamentals will be of paramount importance,” says Dominik Alvermann, Managing Partner at Acton Capital. “Our high conviction investment approach and the experience from five prior fund generations put us in a great place to be a truly meaningful partner to current and future founders.”
Risk-aligned venture capital to mission-driven founders: “Acton VI will continue to represent what we believe to be the best risk-aligned investment approach in the venture capital market for founders,” says Julius Lühr, Principal at Acton Capital.
“We work with ambitious founders to develop growth strategies that fit their unique situations and support all our portfolio companies reaching their full potential – be it the next global category leader or a highly capital-efficient hidden champion,” adds Julius Lühr, Principal at Acton Capital.
First investments out of the new Acton VI fund include legaltech Henchman from Belgium. The team provides an AI-driven knowledge tool for lawyers that helps optimise and digitise legal professionals’ workflows. With AI-driven software-as-a-service platform Klaus from Tallinn, Acton Capital has also made its first investment in Estonia. The team offers a quality assurance solution that helps enterprises drive revenue through excellence in customer service. Seatti develops a hybrid workforce management software, organising office space in a hybrid environment while fostering team collaboration. Skribble, founded in Switzerland, is the leading Swiss e-signature service, which enables a seamless digital document workflow, fully compliant under the highest EU and Swiss standards. With the B2C company ECO Group from Germany, Acton Capital is investing in a platform that allows purpose-driven eco-brands to reach consumers with a curated selection of healthy and environmentally conscious non-food FMCG products.
Since 1999, Acton Capital has backed some of the most seminal startups and scale-ups in both the B2B and the consumer space, and has supported close to 100 companies on their way to market leadership, including Mambu, HomeToGo, SoSafe, Knix, AlphaSights, or Clio.