Berlin, February 2024 – YPOG advised Picus Capital Management on the structuring of the venture capital fund Picus Ventures Fund II. The fund has a target volume of €200 million and has already reached 70% of this target volume in the first closing.
This vintage fund has been established as a German fund structure and more than doubles the volume of its predecessor, Picus Venture Fund I, which Picus Capital initiated in 2021.
Investors in the fund include selected institutional anchor LPs as well as European family offices with a deep-rooted entrepreneurial history across industry champions and prominent tech unicorns, some of whom are participating again after having invested in its predecessor, Picus Venture Fund I.
Picus Venture Fund II will invest predominantly in promising early stage technology companies globally, leveraging the access and information advantage that Picus Capital's approach to early stage investing provides to achieve superior returns through a risk-adjusted structure.
Team
Dr. Fabian Euhus (Lead, Funds), Partner, Berlin
Dr. Helder Schnittker (Funds), Partner, Berlin
Dr. Saskia Bong (Funds), Senior Associate, Berlin
Dr. Jannik Zerbst (Funds), Associate, Berlin/Hamburg
Florian Thrun (Funds), Associate, Hamburg/Cologne
Wolfram Dickersbach (Funds), Associate, Berlin
About Picus Capital and Picus Capital Management
Picus Capital is an international venture capital firm with headquarters in Munich and offices in New York, Beijing, Berlin, London, Bangalore, Singapore, Paris and Mexico City. Picus Capital Management is the group’s fund management unit. Picus Capital partners with entrepreneurs from the earliest stages to growth with Picus Capital Management’s Venture Fund strategy. The firm focuses on technology companies in financial services, HR, energy & climate, healthcare, logistics & mobility, real estate & construction, crypto & web3, deeptech and e-commerce. As an entrepreneurial sparring partner, Picus Capital pursues a long-term investment philosophy and supports founders from the ideation phase to the IPO and beyond. For further information please visit www.picuscap.com and www.linkedin.com/company/picus-capital.
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