Imperium has supported European venture capital firm Creandum on the launch of its oversubscribed seventh Fund.

The Fund, a testament to Creandum’s efficiency, was raised in a remarkable 12 weeks. It aims to make 35-40 investments at seed and Series A stages across all sectors over the next two to three years.

Creandum is one of Europe’s top early stage VC firms with 1 in 6 of its investments becoming billion-dollar or more companies. It has a high conviction approach to investing supporting early-stage entrepreneurs in building global industry-leading companies. Creandum was an early investor in well-known brands such as Spotify, depop and Klarna.

Charlotte Parr, Director of Imperium Funds, said: “We are delighted to support Creandum in their latest fundraising round and closing of Fund VII.  Their Fund, which was oversubscribed, has global appeal, and the credibility of their team is recognised in the demand to invest despite current fundraising trends.”

The Fund’s global investor base includes some of the largest US investors.

Beatrice Skantze, General Counsel, Creandum said: “We have found the perfect partner in Imperium and appreciate their proactive attitude.  The closure of our latest Fund quickly demonstrates strong interest from the world’s top investors in European tech, particularly in the early stages.”

About Creandum

Founded in 2003, Creandum is a leading pan-European early-stage venture capital firm.

The firm’s portfolio of 150+ companies includes some of Europe’s most successful tech companies across a wide range of industries, including Spotify, Klarna, Depop, Trade Republic, Pleo, and neo4j.

Today, every sixth company is a billion dollar company or more. Creandum’s advisory teams are based in Stockholm, London, Berlin, and San Francisco and offer extensive operational expertise to support the funds’ portfolio companies from seed to exit to become global category leaders. Learn more at www.creandum.com.