Orbit Capital closes €107M venture debt fund for CEE scaleups
CEE investors Orbit Capital have announced the second closing of Growth Debt Fund II at €107 million, surpassing its initial target. To date, Orbit Capital has supported over 20 high-growth companies... Fund II will provide €3-15 million in non-dilutive financing to post-Series A technology companies, backed by the EIF, PFR Ventures and a growing base of institutional investors.
Key Takeaways
- VC Fund Orbit Capital closes €107M venture debt fund for CEE scaleups Fund II will provide €3-15 million in non-dilutive financing to post-Series A technology companies, backed by the EIF, PFR Ventures and a growing base of institutional investors.
Cate Lawrence 1 hour ago Share Share Send email Copy link CEE investors Orbit Capital have announced the second closing of Growth Debt Fund II at €107 million, surpassing its initial target.
- Fund II targets post-Series A technology companies with at least €3 million in revenue and a minimum 30 per cent YoY growth.
With tickets ranging from €3 million to €15 million, the capital supports international expansion, acquisitions, working capital, and capital expenditures.
- This marks their inaugural allocation into venture debt as an asset class.
"At growth stages, access to debt financing can significantly accelerate expansion while limiting dilution for founders, said Bartłomiej Samsonowicz, Investment Director at PFR Ventures.
- Apart from that, we see potential in venture debt as a financial product as the role of startups and scaleups will grow in all CEE economies," said Jaroslav Baier, Partner at Havel & Partners.
Lukas Macko, General Partner at Orbit Capital, adds: "Our investment track record shows that founders value a partner who understands the nuances of high-growth tech.
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Stats & Key Facts
- #CEE investors Orbit Capital have announced the second closing of Growth Debt Fund II at €107 million, surpassing its initial target.
- #To date, Orbit Capital has supported over 20 high-growth companies...
- #Fund II will provide €3-15 million in non-dilutive financing to post-Series A technology companies, backed by the EIF, PFR Ventures and a growing base of institutional investors.
- #VC Fund Orbit Capital closes €107M venture debt fund for CEE scaleups Fund II will provide €3-15 million in non-dilutive financing to post-Series A technology companies, backed by the EIF, PFR Ventures and a growing base of institutional investors.
Fund II will provide €3-15 million in non-dilutive financing to post-Series A technology companies, backed by the EIF, PFR Ventures and a growing base of institutional investors. VC Fund Orbit Capital closes €107M venture debt fund for CEE scaleups Fund II will provide €3-15 million in non-dilutive financing to post-Series A technology companies, backed by the EIF, PFR Ventures and a growing base of institutional investors. Cate Lawrence 1 hour ago Share Share Send email Copy link CEE investors Orbit Capital have announced the second closing of Growth Debt Fund II at €107 million, surpassing its initial target.
To date, Orbit Capital has supported over 20 high-growth companies through its venture debt platforms, providing non-dilutive growth capital to some of the region's most promising scale-ups. As companies mature, they need smart and flexible financing that preserves equity, notes Radovan Nesrsta, Partner at Orbit Capital. We provide the strategic runway they need to scale efficiently.
Fund II targets post-Series A technology companies with at least €3 million in revenue and a minimum 30 per cent YoY growth. With tickets ranging from €3 million to €15 million, the capital supports international expansion, acquisitions, working capital, and capital expenditures. The fund's investor base reflects a synergy between major European institutions and individual investors.
For more details please read the original article at Tech.eu.
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