startupcafe.ro/nou-fond-european-de-750-milioane-d
Swedish investment firm Creandum has launched a new venture capital fund worth $750 million, focusing on AI startups in Europe. The Creandum VIII fund will provide pre-seed to Series A investments, ranging from millions to tens of millions of dollars. The firm emphasizes a transformation in its approach, integrating AI into its processes while maintaining its core values. Supported by global institutions, Creandum remains optimistic about European talent and aims to evolve into a global specialist in early-stage investments. The fund plans to invest between $2 million and $20 million per startup, acquiring an average of 15% equity. Creandum has previously backed successful companies like Spotify and Klarna.