newsfilter
← Latest News
GlobeNewswire·

redalpine closes oversubscribed $250M RAC VIII, marking 20 years of backing software and science companies

  • European venture capital firm redalpine announced the final close of its early-stage fund redalpine capital VIII (RAC VIII) at $250 million.
  • The fund closed oversubscribed, demonstrating strong investor appetite for companies developing advances in software & science.
  • Founded in Zurich in 2006, redalpine invests in frontier technologies including fusion energy, AI, robotics, & biotechnology before they become established themes.
  • Half of the redalpine investment team consists of trained scientists such as biologists, physicists, & engineers to assess complex technologies.
  • RAC VIII will invest in approximately 20 early-stage companies across Europe, primarily leading Seed & Series A rounds with initial tickets of $1-15 million.
  • Initial investments in RAC VIII include Enact Intelligence, Helical, & Arlequin AI.
  • The firm has exited 11 portfolio companies since 2023, while companies backed by its previous fund RAC VII have raised over $1.1 billion in total funding.
  • New limited partners for RAC VIII include Aviva Investors, Flexstone Partners, & KfW, reflecting growing institutional commitment to European deeptech.
  • redalpine operates as a multi-stage platform with over $1.4 billion in assets under management & offices in Zug, Berlin, London, & Silicon Valley.
  • The press release states that RAC VIII is closed to new subscriptions & does not constitute an offer to purchase securities in the United States.
Company
Redalpine
Keywords
Redalpine, Venture Capital, Startups, Software, Science, Investment, Fusion Energy, AI, Robotics, Biotechnology, Asset Management, Funds