Highland Europe closes €1.1B Fund VI to back European technology scaleups

Growth-stage venture capital firm Highland Europe has
closed a €1.1 billion sixth fund to continue investing in European technology
scaleups.

Headquartered in London and Geneva, Highland Europe
specialises in growth-stage technology investments. Since its launch in 2012,
the firm has raised €3.75 billion across six funds, backed more than 80
companies and completed 30 exits. Its portfolio includes 9fin, AMCS, Bending
Spoons, Camunda, EGYM, Featurespace, GetYourGuide, Huel, hyperexponential,
ME+EM, Nabla, n8n, Nothing, Wolt and Zwift.

The new fund follows a year in which Highland generated
more than €1 billion in liquidity. Recent portfolio milestones include the $3
billion sale of Nexthink, the agreed acquisition of Huel by Danone, the $7.5
billion merger of EGYM and Playlist, and the public listing of Bending Spoons
on Nasdaq.

Recent investments include leading the $70 million
Series B round for legal AI platform Wordsmith, the $50 million Series B for
enterprise AI delivery platform Unframe, and the $105 million Series D for
precision agriculture company Ecorobotix.

We are deeply grateful to our limited partners
for their continued trust and commitment to Fund VI. Their support enables us
to continue backing Europe’s most ambitious founders at a transformational
moment as AI reshapes every industry,

said Sam Brooks, Partner at
Highland Europe.

Highland Europe also announced the promotion of Helena Richardson and Jacob Bernstein to Partner. Richardson joined the firm in 2016,
while Bernstein joined in 2017. Both have been involved in a number of the
firm’s portfolio companies and investments over the past decade.

The new fund will support Highland Europe’s continued
investments in growth-stage technology companies across Europe. The firm has
offices in London and Geneva and a team of 36, including 20 investment
professionals.