Why henQ chooses the roads less travelled: Inside the Dutch VC’s new €67.6 million fund for the “odd ones out”
Amsterdam-based venture capital firm henQ has launched its fifth fund, securing €67.57 million with a target of €90 million. This fund will focus on investing in 8-12 European B2B software teams, with initial investments ranging from €1 million to €10 million. The firm distinguishes itself by prioritizing execution and the "odd ones out" in the software space. henQ's investment strategy emphasizes the founders' execution capabilities above all other criteria. This approach allows for faster decision-making, often targeting markets that are temporarily undervalued. The new fund includes entrepreneurial LPs such as founders from companies like Optiver, Exact, and Mendix. This move by henQ aligns with a broader trend of European venture funds targeting B2B software and related enterprise-tech sectors. This focus suggests a strategic shift towards early-stage investments, highlighting a commitment to nurturing specific areas of growth within the European digital landscape. The concentrated approach may lead to more agile investment strategies. The success of henQ's fund amidst a crowded market indicates a strategic positioning focused on specific, potentially overlooked areas within the European digital ecosystem. This approach could offer significant returns as those sectors mature.
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