Munich \u2014 Picus Capi\u00adtal Manage\u00adment announ\u00adces the final closing of Picus Venture Fund II with a cap of \u20ac 250 million. The fund saw signi\u00adfi\u00adcant inves\u00adtor demand from new and exis\u00adting inves\u00adtors and closed more than double the size of its prede\u00adces\u00adsor, Picus Venture Fund I. The fund was over\u00adsub\u00adscri\u00adbed follo\u00adwing signi\u00adfi\u00adcant inves\u00adtor demand. This latest vintage is c. 2.5x the size of Picus\u2019 inau\u00adgu\u00adral fund, Picus Venture Fund I, laun\u00adched in 2021. <\/p>\n
Backers of Picus Venture Fund II include global Tier 1 inves\u00adtors such as Wilshire<\/strong>, a major Euro\u00adpean insurer, in addi\u00adtion to previously disc\u00adlo\u00adsed anchor inves\u00adtors M & G Invest\u00adments<\/strong>, one of the UK\u2019s largest asset mana\u00adgers, inves\u00adt\u00ading through Titan\u00adbay. Other part\u00adners include the Global Fund of Funds<\/strong>, inter\u00adna\u00adtio\u00adnal compa\u00adnies, major Euro\u00adpean family offices and promi\u00adnent tech founders. <\/p>\n Picus Venture Fund II will conti\u00adnue to apply the firm\u2019s unique stra\u00adtegy of iden\u00adti\u00adfy\u00ading emer\u00adging winners and lever\u00adaging insight and access advan\u00adta\u00adges deri\u00adved from early stage, priva\u00adtely funded port\u00adfo\u00adlio and selec\u00adtive new deals that also utilize the firm\u2019s early stage scree\u00adning capa\u00adbi\u00adli\u00adties. With a global presence spread across multi\u00adple offices world\u00adwide, Picus Capi\u00adtal conti\u00adnues to support the most ambi\u00adtious entre\u00adpre\u00adneurs at the earliest stages, while the venture fund stra\u00adtegy streng\u00adthens these capa\u00adbi\u00adli\u00adties by allo\u00adwing the group to support these most promi\u00adsing port\u00adfo\u00adlio compa\u00adnies and their foun\u00adders throug\u00adhout each stage of their growth journey. <\/p>\n Raphael Muko\u00admi\u00adlov<\/strong>Part\u00adner and Head of Growth, says: \u201cWe are deligh\u00adted to achieve this signi\u00adfi\u00adcant mile\u00adstone for Picus. In a highly compe\u00adti\u00adtive and vola\u00adtile market, this reflects the strength of our focu\u00adsed stra\u00adtegy and our ability to deli\u00adver compel\u00adling risk-adjus\u00adted returns through our diffe\u00adren\u00adtia\u00adted approach. We are also plea\u00adsed to have alre\u00adady made the Fund\u2019s first invest\u00adments in global, highly disrup\u00adtive tech\u00adno\u00adlogy compa\u00adnies that align with our vision of support\u00ading purpose-led inno\u00adva\u00adtion. In addi\u00adtion, our stra\u00adte\u00adgic colla\u00adbo\u00adra\u00adtion with part\u00adners such as M & G Invest\u00adments unders\u00adcores our commit\u00adment to support\u00ading the next gene\u00adra\u00adtion of tech\u00adno\u00adlogy compa\u00adnies that build for both scale and impact. \u201d<\/p>\n Robin Goden\u00adrath, Foun\u00adding Part\u00adner and Mana\u00adging Direc\u00adtor<\/strong>, adds: \u201cWith the launch of Picus Venture Fund II, we are deligh\u00adted to deepen our commit\u00adment to the visio\u00adnary entre\u00adpre\u00adneurs we have worked with since our incep\u00adtion. This new fund will allow us to conti\u00adnue to provide even more compre\u00adhen\u00adsive support at key inflec\u00adtion points in their growth journeys. <\/p>\n Since Picus Capi\u00adtal\u2019s incep\u00adtion in 2015, our goal has been to serve as a long-term spar\u00adring part\u00adner to excep\u00adtio\u00adnal foun\u00adders buil\u00adding trans\u00adfor\u00adma\u00adtive compa\u00adnies with the poten\u00adtial for outsi\u00adzed impact. The successful closing of Fund II is a testa\u00adment to this mission and rein\u00adforces our commit\u00adment to this approach. Today, we are proud to support over 200 compa\u00adnies, not only with capi\u00adtal, but also with the stra\u00adte\u00adgic insights, opera\u00adtio\u00adnal exper\u00adtise and global network needed to realize their full potential.\u201d <\/p>\n About Picus Capi\u00adtal and Picus Capi\u00adtal Management<\/strong><\/p>\n Picus Capi\u00adtal is commit\u00adted to support\u00ading global, leading tech\u00adno\u00adlogy compa\u00adnies at the earliest stages and was the first inves\u00adtor in seve\u00adral unicorns such as Perso\u00adnio ( most recently valued at USD 8.5bn ) and Enpal ( most recently valued at EUR 2.2bn ), gene\u00adra\u00adting an annual IRR of 45% since its incep\u00adtion<\/strong> in 2015.<\/p>\n Picus Capi\u00adtal is an inter\u00adna\u00adtio\u00adnal venture capi\u00adtal firm head\u00adquar\u00adte\u00adred in Munich with offices in New York, Berlin, London, Banga\u00adlore and Madrid. Picus Capi\u00adtal Manage\u00adment is the Group\u2019s fund manage\u00adment unit. Picus Capi\u00adtal works with entre\u00adpre\u00adneurs from pre-seed to later growth stages through Picus Capi\u00adtal Manage\u00admen\u00adt\u2019s venture fund stra\u00adtegy. The company focu\u00adses on tech\u00adno\u00adlogy compa\u00adnies in finan\u00adcial services, human resour\u00adces, energy and climate, health\u00adcare, enter\u00adprise soft\u00adware and infra\u00adstruc\u00adture, tech\u00adbio, cyber\u00adse\u00adcu\u00adrity and AI appli\u00adca\u00adti\u00adons. As an entre\u00adpre\u00adneu\u00adrial spar\u00adring part\u00adner, Picus main\u00adta\u00adins a long-term invest\u00adment philo\u00adso\u00adphy and supports foun\u00adders from the idea phase to IPO and beyond. <\/p>\n www.picuscap.com<\/p>\n","protected":false},"excerpt":{"rendered":" Munich \u2014 Picus Capi\u00adtal Manage\u00adment announ\u00adces the final closing of Picus Venture Fund II with a cap of \u20ac 250 million. The fund saw signi\u00adfi\u00adcant inves\u00adtor demand from new and exis\u00adting inves\u00adtors and closed more than double the size of its prede\u00adces\u00adsor, Picus Venture Fund I. The fund was over\u00adsub\u00adscri\u00adbed follo\u00adwing signi\u00adfi\u00adcant inves\u00adtor demand. This [\u2026]<\/p>\n","protected":false},"author":2,"featured_media":56253,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[1366],"tags":[],"class_list":["post-56356","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en"],"yoast_head":"\n