Sprints closes fifth venture fund at €725M
- Company
- Sprints
- Signal type
- Capital Signal
- Date
- Location
- 🇺🇸 the US
- Sector
- Venture Capital
- Investors
- Undisclosed
What happened
Venture capital firm Sprints has closed its fifth fund at €725 million ($810 million). The firm previously backed companies including Revolut and Vinted.
Why it matters
Sprints' €725 million fund close demonstrates continued LP appetite for European growth capital backed by proven track records. Armed with fresh dry powder following major exits like Revolut and Vinted, the firm is positioned to anchor substantial growth rounds across Europe.
What to watch
How aggressively Sprints deploys capital into late-stage European fintech and consumer software scaleups over the next investment cycle.
VCBites Signal
Why this score: A €725 million fifth fund raise by an established European firm with top-tier exit credentials signals strong LP commitment to proven growth managers.
VCBites' internal significance rating (0-100) — our editorial read, not a market-standard metric. VC Bites' assessment of the significance of this development to the venture ecosystem. Not investment advice.
Who should care?
- Growth Investors
- VC Investors
- European Tech
- Fintech Founders
Source
This is an original short summary. Read the full reporting at the original source.
Read the original story on BloombergShare the signal
VC Bites
Sprints closes fifth venture fund at €725M
VCBITES SIGNAL: 67 / 100
Why it matters
Sprints' €725 million fund close demonstrates continued LP appetite for European growth capital backed by proven track records. Armed with fresh dry powder following major exits like Revolut and Vinted, the firm is positioned to anchor substantial growth rounds across Europe.
VC Bites · Venture capital signals, explained.
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