This milestone marks the firm's fifth fund and brings its total investment commitments to over 600 million euros.
Smartfin Capital, a leading European growth equity investor specializing in B2B technology companies, has successfully closed its third growth fund, Smartfin Capital III, at 250 million euros.
For the first time, the European Investment Fund (EIF) participated in a Smartfin fund through its ESCALAR program, aimed at addressing financing gaps for high-growth European companies. This endorsement highlights Smartfin's role in fostering innovation and supporting transformative B2B technology scale-ups across Europe.
The fund will target growth-stage B2B technology companies, with initial investments already made in CrazyGames, a browser-based gaming platform, and Emma, a multi-cloud management platform.
Track record and portfolio success
Since its founding in 2014, Smartfin has established a strong reputation in the European tech ecosystem, backing innovative companies such as Deliverect, Bright Analytics, Recharge, and Zivver. Past successes include acquisitions of portfolio companies like Theo Technologies by Dolby and Silverfin by Visma.
“This successful fundraise reflects the strength of our team and the confidence our investors place in us”, says Jürgen Ingels, Founding Partner of Smartfin. “The EIF partnership reaffirms our commitment to supporting exceptional entrepreneurs and scaling the next generation of tech leaders.”
With the support of new and returning investors, Smartfin aims to enhance its impact in Europe’s B2B technology landscape, fostering sustainable growth and innovation in competitive markets.
