ZOHO.VC completes first closing at 70% of target fund
ZOHO.VC, the venture capital arm of ZOLLHOF – Tech Incubator, has successfully achieved the first closing of its inaugural fund, reaching 70% of its target volume a remarkable ten months ahead of schedule. This development is significant as it signals continued investor confidence in early-stage European technology ventures, bolstered by a strategic blend of capital and deep technical expertise. The fund's limited partners comprise a mix of entrepreneurial families and established startup founders, indicating a strong belief in the growth potential of the European tech ecosystem. The fund is specifically focused on pre-seed and seed stage investments in technology-driven startups, with a clear emphasis on deeptech companies and university spin-offs across both software and hardware domains. This targeted approach allows ZOHO.VC to leverage its unique position within ZOLLHOF’s extensive network, which includes corporate partners, technology experts, and co-investors. By providing not just financial backing but also crucial strategic support and market access, the fund aims to nurture innovation from its inception, supporting companies emerging from ZOLLHOF's "Startup Factory" program and other promising co-investment opportunities. With an initial fund volume of approximately €7 million already secured, ZOHO.VC has made five investments to date, including in Merge Labs. Partners Benjamin Bauer and Dennis Kirpensteijn, alongside Principal Nicolas Sievers, are now planning to exceed the fund's original target in 2026, driven by strong demand and a robust investment pipeline. This expansion signifies a commitment to further empower European startups tackling substantial technological and societal challenges, reinforcing the continent's drive for digital sovereignty and innovation.
Curated and translated by Europe Digital for our multilingual European audience.
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