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Top 20 Growth-Stage VCs in Europe in 2025

Top 20 Growth-Stage VCs in Europe in 2025: Investment Focus, Funding, and Notable Portfolio Companies
Europe’s venture capital ecosystem has matured significantly, with growth-stage VCs playing a pivotal role in scaling startups into global leaders.

These firms provide not only capital but also strategic guidance, networks, and operational support to help companies achieve their full potential.

Below is a curated list of the top 20 growth-stage VCs in Europe in 2025, detailing their investment focus, funding amounts, and notable portfolio companies.

1. Atomico

  • Investment Focus: Deep tech, SaaS, fintech, and climate tech.
  • Funding: Invests €10 million to €50 million in growth-stage rounds.
  • Notable Portfolio: Klarna, Supercell, Graphcore.
  • Website: Atomico

2. Balderton Capital

  • Investment Focus: SaaS, fintech, and digital health.
  • Funding: Invests €5 million to €30 million in Series B and later rounds.
  • Notable Portfolio: Revolut, Depop, GoCardless.
  • Website: Balderton Capital

3. Northzone

  • Investment Focus: SaaS, fintech, and AI.
  • Funding: Invests €5 million to €25 million in growth-stage companies.
  • Notable Portfolio: Spotify, Trustpilot, Kahoot.
  • Website: Northzone

4. Index Ventures

  • Investment Focus: SaaS, fintech, and biotech.
  • Funding: Invests €10 million to €50 million in growth-stage rounds.
  • Notable Portfolio: Deliveroo, Skype, Farfetch.
  • Website: Index Ventures

5. Accel

  • Investment Focus: SaaS, fintech, and cybersecurity.
  • Funding: Invests €10 million to €50 million in growth-stage companies.
  • Notable Portfolio: Spotify, UiPath, Deliveroo.
  • Website: Accel

6. Partech

  • Investment Focus: SaaS, fintech, and AI.
  • Funding: Invests €10 million to €75 million in growth-stage rounds.
  • Notable Portfolio: Alan, Made.com, ManoMano.
  • Website: Partech

7. Highland Europe

  • Investment Focus: E-commerce, SaaS, and consumer tech.
  • Funding: Invests €10 million to €50 million in growth-stage companies.
  • Notable Portfolio: WeTransfer, MatchesFashion, Huel.
  • Website: Highland Europe

8. Octopus Ventures

  • Investment Focus: Healthtech, fintech, and deep tech.
  • Funding: Invests €5 million to €30 million in growth-stage rounds.
  • Notable Portfolio: Zoopla, Depop, Elvie.
  • Website: Octopus Ventures

9. Target Global

  • Investment Focus: Fintech, mobility, and SaaS.
  • Funding: Invests €10 million to €50 million in growth-stage companies.
  • Notable Portfolio: Delivery Hero, Auto1 Group, Wefox.
  • Website: Target Global

10. Creandum

  • Investment Focus: SaaS, fintech, and consumer tech.
  • Funding: Invests €5 million to €25 million in growth-stage rounds.
  • Notable Portfolio: Spotify, iZettle, Klarna.
  • Website: Creandum
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11. EQT Ventures

  • Investment Focus: SaaS, fintech, and AI.
  • Funding: Invests €10 million to €50 million in growth-stage companies.
  • Notable Portfolio: Wolt, Small Giant Games, Einride.
  • Website: EQT Ventures

12. Lakestar

  • Investment Focus: SaaS, fintech, and digital health.
  • Funding: Invests €10 million to €50 million in growth-stage rounds.
  • Notable Portfolio: Spotify, Revolut, Opendoor.
  • Website: Lakestar

13. DN Capital

  • Investment Focus: SaaS, fintech, and digital health.
  • Funding: Invests €5 million to €30 million in growth-stage companies.
  • Notable Portfolio: Endeca, Finiata, Geckoboard.
  • Website: DN Capital

14. Sequoia Capital Europe

  • Investment Focus: SaaS, fintech, and AI.
  • Funding: Invests €10 million to €100 million in growth-stage rounds.
  • Notable Portfolio: UiPath, Klarna, N26.
  • Website: Sequoia Capital Europe

15. Bessemer Venture Partners

  • Investment Focus: SaaS, fintech, and cybersecurity.
  • Funding: Invests €10 million to €50 million in growth-stage companies.
  • Notable Portfolio: LinkedIn, Shopify, Twilio.
  • Website: Bessemer Venture Partners

16. Felix Capital

  • Investment Focus: Consumer tech, fintech, and digital brands.
  • Funding: Invests €5 million to €30 million in growth-stage rounds.
  • Notable Portfolio: Deliveroo, Peloton, Farfetch.
  • Website: Felix Capital

17. Verdane

  • Investment Focus: SaaS, fintech, and climate tech.
  • Funding: Invests €10 million to €50 million in growth-stage companies.
  • Notable Portfolio: Kahoot, Tibber, Oda.
  • Website: Verdane

18. 83North

  • Investment Focus: SaaS, fintech, and AI.
  • Funding: Invests €10 million to €50 million in growth-stage rounds.
  • Notable Portfolio: Wix, Just Eat, Fiverr.
  • Website: 83North

19. HV Capital

  • Investment Focus: SaaS, fintech, and mobility.
  • Funding: Invests €10 million to €50 million in growth-stage companies.
  • Notable Portfolio: Delivery Hero, Zalando, HelloFresh.
  • Website: HV Capital

20. Smartfin

  • Investment Focus: B2B SaaS, fintech, and industrial tech.
  • Funding: Invests €10 million to €50 million in growth-stage rounds.
  • Notable Portfolio: Deliverect, Bright Analytics, Zivver.
  • Website: Smartfin
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These growth-stage VCs are instrumental in scaling Europe’s most innovative startups into global leaders.

For more details, visit their official websites linked above.
2025-01-10 08:35