London-based Felix Capital raises €559.6m in Round 4, supporting 20-25 companies in Europe and North America
Based in London Felix Capitala venture capital fund that supports digital commerce, digital media and information technology companies, announced on Wednesday that it had raised $600 million (about 559.64 million euros) in its fourth round since its inception in 2015. The round surpassed the original goal of $500. M (approximately €466.42 million).
The company has now doubled its total committed capital to over $1.2 billion and further validates its strategy and goal of building a leading investment company for the creative class.
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Use of capital
Felix Capital says it will use the proceeds to support 20-25 companies over the next two years. It will invest in early stage and thematic growth stages of companies in Europe and selectively in North America.
Felix Capital announces that it will expand its exposure to Web3, a new platform for creativity, community and entrepreneurship. The firm’s mission is to partner with founders who want to have a positive impact on the world.
Recently, two additional experienced investors, Maria Auersperg de Lera and Sophie Luck, and three new advisors, Maria Raga (CEO of Depop), Musa Tariq (senior marketer with companies like Apple, Nike, Ford and Airbnb) and Branko Milutinovi (founder and CEO of gaming company Nordeus), joined Felix Capital.
A venture capital firm for the creative class
Launched in 2015 by Antoine Nussenbaum and Frederic Court, Felix Capital claims to be a venture capital firm for the creative class, operating at the intersection of technology and creativity. The company is focused on the digital lifestyle, investing in emerging digital consumer brands and related enabling technologies.
Frederic Court says: “Felix was created with the vision that the rapid transformation of consumer behavior represented a huge opportunity and required serious attention. Since then, we have built a portfolio consistent with this strategy, supporting emerging and culturally relevant consumer brands, and the related enabling technologies that support them. We are proud of the growing community of Founders who trusted us as we expanded our thematic focus through the transformation of key segments of our personal and professional lives.
Since its inception, Felix Capital has raised more than $1.2 billion for seed and growth investments, and has already backed more than 50 companies in Europe and North America. Some of his investments include Farfetch, an online marketplace for fashion and luxury; Mirakl, a SaaS platform for marketplaces; Mejuri, a modern jewelry brand; Juni, a digital financial companion for SMEs; Moonbug, a children’s media platform; yfood, an alternative nutrition brand; and TravelPerk, a modern enterprise travel solution.
The company’s growth strategy is to reinvest in its existing portfolio at key growth inflection points and in external companies within its core themes such as Forter (payments), Ledger (Web3) and Sorare (gaming ).
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