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Sprints closes fifth fund at €725M hard cap

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Sprints, the European venture firm behind Revolut and Vinted, closed its fifth fund at a €725M hard cap, roughly 40% above its previous €525M vehicle. Co-founder and managing partner Henrik Persson said endowments, foundations, pension funds and family offices supplied the capital, and that more than half of it is already deployed. The money is going into new companies and existing portfolio holdings across marketplaces, financial services and software.

AI-generated from reports · 3 days agoUpdate

Latest updatesOct 15 20:03
Revolut and Vinted backer Sprints closes €725M fund after Fin exit

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Oct 15
  1. Tech Funding NewsTop Deals
    Revolut and Vinted backer Sprints closes €725M fund after Fin exit

    Sprints closed its fifth fund at a €725M hard cap, roughly 40% above its previous €525M vehicle.

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