Creandum IV was closed at the end of January 2016. At 180 MEUR the fund reached the hard cap in one first and final closing with investors from the Nordic region, Europe, Middle East and North America. This is good news for European and especially Nordic tech scene. Among the fund’s limited partners are Finnish Industry Investment, pension funds, life insurance companies, university endowments, family offices, tech corporations and VC fund of funds.
Creandum invests across Europe but with a particular focus on the Nordic region. With the new fund, the plan is to support 30-40 outstanding entrepreneur teams the next 4-5 years.The funds strategy is to invest early stage with approximately half the investments in seed and the other half in A and the odd B-round.