Skip to content
Euro VC

Portfolio and outcomes

Results over rhetoric.

A venture record should show where a firm entered, what the company became, and how value was realised. Not only a wall of logos.

Two colleagues reviewing a printed document together at a wooden table.

Selected companies.

A selection of companies across payments, software, financial crime intelligence, marketplaces, gaming and fusion energy.

01 GoCardless

UK · Payments infrastructure

Series A · 2014

02 Contentful

Germany · Headless CMS / SaaS

Seed · 2013

03 ComplyAdvantage

UK · RegTech / AML

Series A · 2017

04 Vestiaire Collective

France · Luxury resale marketplace

Series B · 2015

05 Vivino

Denmark · Wine marketplace

Series A · 2014

06 Proxima Fusion

Germany · Fusion energy / deep tech

Seed · 2022

07 Dream Games

Turkey · Mobile gaming

Series A · 2020

Dream Games team working inside the company's Istanbul studio.
Dream Games, Turkey. Portfolio company since Series A, 2020.

Verified exits

Selected exits and liquidity events.

Depop

UK · Acquisition

Etsy (NASDAQ: ETSY)

$1.625B · 2021

Peakon

Denmark · Acquisition

Workday (NASDAQ: WDAY)

$700M · 2021

Darktrace

UK · IPO

London Stock Exchange (LSE: DARK)

£1.65B at listing · 2021

Talend

France · Take-private

Thoma Bravo (post-NASDAQ: TLND)

$2.4B · 2021

Nutmeg

UK · Acquisition

JPMorgan Chase

$700M (estimated) · 2021

Flywire

Spain / US · IPO

NASDAQ: FLYW

$3.1B at listing · 2021

Truecaller

Sweden · IPO

Nasdaq Stockholm (TRUEB)

$3.7B market capitalisation · 2021

NaturalMotion

UK · Acquisition

Zynga

$527M · 2014

Recorded Future

Sweden / US · Acquisition

Mastercard

$2.65B · 2024

Digital Surgery

UK · Acquisition

Medtronic

Undisclosed · 2020

Frontier Car Group

Germany · Acquisition

OLX Group (Naspers)

$400M (estimated) · 2019

Exit values reflect announced transaction values, listing valuations or reported market capitalisation as indicated. Estimated figures are identified as estimates.

Darktrace team at the company's London Stock Exchange IPO in 2021.
Darktrace, United Kingdom. London Stock Exchange IPO, 2021. £1.65B at listing.

A portfolio is a set of decisions.

The point is not to collect logos. It is to enter companies at a price and stage where insight can become ownership, then preserve the ability to support the few that compound.

For eligible investors, the full portfolio schedule includes entry date, invested capital, ownership, current value, realised proceeds, valuation method and attribution by fund.

Request the full portfolio schedule