Sapphire Ventures to Expand European Reach Following Unveiling of Nearly $2bn in New Capital Commitments
This commitment to European expansion follows Sapphire's announcement earlier this month of $2 billion in new capital commitments for investments in late-stage technology companiesacross the US, Europe and Israel.
- This commitment to European expansion follows Sapphire's announcement earlier this month of $2 billion in new capital commitments for investments in late-stage technology companiesacross the US, Europe and Israel.
- This is the firm's largest fundraise to date and comes across Sapphire Ventures Fund VI, L.P. ("Fund VI") and Sapphire Ventures Opportunity Fund III, L.P. ("Opportunity Fund III").
- The announcement of these new funds significantly increases the capital available to back ambitious founders across the region.
- (c) The firm's investment strategies Sapphire Ventures, Sapphire Partners and Sapphire Sport are focused on scaling companies and venture funds, elevating them to become category leaders.