With decades of exits and unicorns behind it, b2venture reaches €150 million hard cap for Fund V

Berlin-based venture capital firm b2venture has successfully closed its fifth fund at a hard cap of €150 million, marking its largest early-stage fund to date. This significant capital raise underscores a robust appetite for backing European technology leaders focused on developing scalable and defensible digital business models. The fund's success, achieved despite a more selective funding environment, highlights continued investor confidence in Europe's early-stage tech ecosystem. Fund V is backed by a diverse group of institutional investors, including Flexstone and Stiftung Abendrot, alongside prominent entrepreneurs and operators from b2venture's existing portfolio. This broad base of support reflects a long-standing commitment to venture capital since the year 2000, with a consistent investment philosophy centered on identifying and nurturing exceptional founders from their earliest stages. The firm emphasizes its community-based investment approach and intergenerational continuity of investors, fostering a collaborative environment for startup growth. The substantial fundraising by b2venture places it among a growing cohort of mid-to-large early-stage investors in Europe actively deploying capital. This trend is exemplified by other recent large fund closes, such as 2150's €210 million fund for urban systems and climate tech, and Backed VC's €86 million for DeepTech founders. These collective capital injections signify a strong commitment to fostering European innovation and building category-defining companies for the future.