Global venture capital firm Creandum has closed its eighth fund, Creandum VIII, with $750 million in commitments from investors.
The fund attracted capital from a range of institutional limited partners, including university endowments, pension funds and charitable foundations, alongside other investors.
New Fund Targets Early-Stage Technology Companies
Creandum VIII will focus on supporting technology businesses at the earliest stages of their development, with investments spanning pre-seed through Series A.
In an announcement, the firm said it had the capacity to raise a larger fund but opted to maintain a disciplined approach to fund size.
It also reaffirmed its commitment to a consistent, generalist investment strategy.
Creandum’s Investment Portfolio
Creandum invests in technology companies from seed stage through to initial public offerings (IPOs), backing entrepreneurs building global businesses with the potential to define their respective markets.
Its previous investments include Spotify, iZettle, Depop, Klarna, Bolt, KRY, Epidemic Sound and Small Giant Games.
Firm Maintains International Presence
Creandum operates across several international markets, with offices in Stockholm, London, San Francisco and Berlin.
The firm focuses on identifying and supporting technology entrepreneurs across industries as they develop businesses for global markets.