Yttrium, a Frankfurt and Munich, Germany- and London, UK-based growth capital specialist for fast growing technology companies, closed Digital Growth Fund II, at EUR 400M.
The fund’s investors include leading institutional investors and technology companies as well as technology-oriented family offices in Germany, Europe, and the US.
With the new fund, Yttrium is positioned to continue financing the growth of rapidly growing B2B software and software-enabled services companies in the broader industrial tech and financial services tech sectors, led by ambitious entrepreneurs and having the potential to become global category leaders. Yttrium can invest up to EUR 50M growth equity per company, including follow-on financings, and supports management teams for international scale-ups and relevant introductions to the firm’s corporate network.
As specialist for growth capital, the firm provides equity capital, know-how and network of entrepreneurs and industry experts in Europe and the US. Yttrium advises on key growth drivers and value creation initiatives like e.g., people development and recruiting world-class talent, sales & marketing, and ecosystem development.
Founded in 2015 as Digital+ Partners, the firm started its investment activities in 2017 with the first closing of Digital Growth Fund I. Yttrium already returned significant capital to its limited partners with the full exit of orderbird and partial exits from riskmethods, Cosaic and LogPoint out of Digital Growth Fund I.
FinSMEs
09/06/2023