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Smartfin and European Investment Fund Partner to Invest $257 Million in European B2B Tech Companies
Jan 09, 2025•over 1 year ago
Contract Type
partnership
Venture CapitalAngel Investment
Description
Smartfin has closed a new growth fund at 250 million euros (about $257 million), with introductory participation of the European Investment Fund (EIF), to focus on growth-stage B2B technology companies across Europe. The partnership with EIF aims to address the financing gap experienced by European high-growth companies, fostering innovation in Europe’s B2B technology ecosystem.
Agreement Insights
Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months