3TS Capital Partners, a European technology-focused growth capital investor based in Helsinki and Vienna, has announced the final closing of its Fund IV with €111 million in assets. 3TS will continue to support companies with roots in Engineering Europe.
- 3TS Capital Partners, a technology-focused growth capital firm providing expansion capital primarily across the TMT sectors including Technology & Internet, Media & Communications, and Technology-Enabled Services.
- The firm’s team consists of 18 people across eight nationalities based in Finland, Austria, Bulgaria, Luxembourg, Czechia, Slovakia, Hungary, and the US. 3TS has made more than 50 investments and over 30 exits, including LogMeIn, H88, Systinet, Avangate, SolveDirect, Tresorit, and SalesManago.
- The current and past 3TS funds totaled at over €450 million. The LPs included EIF, Tesi, SZTA, Erste, Cisco, OTP, EBRD, AWS, Sitra, KfW, and 3i among others.
About the new Fund IV
- The new fund has already invested in five companies: (TosiBox, Autenti, Boksi, Spectrm, and Jentis). 3TS focuses on investment across ICT and tech-enabled service sectors with the amount of €5-20 million. With the new Fund IV, 3TS focus will remain on backing companies with roots in Engineering Europe.
We are delighted and thankful for the increased capital commitments in our new Fund IV from existing and new investors. We are still in the early phases of digital adoption and the key trends driving our focus sectors stronger than ever. Tremendous opportunities will continue to exist for innovative companies. We look forward to supporting a new generation of management teams building local leaders, regional champions and global challengers,
Pekka Mäki, Managing Partner of 3TS, commented on the fresh deal.
Several groups of institutional investors including European Investment Fund, Tesi, SZTA, a venture capital firm headquartered in Budapest, Erste Asset Management, an international asset management company, as well as several family offices and former portfolio company executives, supported the final closing of the fund.