GP Bullhound, which has backed FinTechs including Klarna and Revolut, has closed its most recent fund.
Fund V was oversubscribed and ha closed at €300mn.
GP Bullhound has already invested in many technology “category leaders”, including FinTechs.
It involves 90% of the investors from the previous Fund IV.
What does this mean?
GP Bullhound’s previous fund has seen success over 2.5 years, doubling its value and seeing four completed IPOs including Slack.