Highland Europe Launches €1 Billion Fund
- European venture capital firm Highland Europe closed its fifth fund, raising €1 billion
- The firm will double down on its strategy of backing Europe’s most outstanding founder-led teams in software and internet businesses
- Highland backs rapidly growing European internet, mobile and software companies that address large market opportunities and have over €10 million in annualized revenues
- The capital provided enables management teams to accelerate growth and build a lasting, valuable business
- So far, the firm has raised a total of €2.75 billion and has invested in companies
- In conjunction with the announcement, the firm said that David Blyghton, who joined HighlandEurope in 2014, was promoted to Partner