Spotify, Lovable backer Creandum said to raise $750M new fund

Watch Spotify Investor Creandum Raises $750M Fund

Spotify, Lovable backer Creandum said to raise $750M new fund

Creandum raised a $750M fund to back 30 early-stage startups, signaling strong AI and European tech momentum.

Creandum Closes $750M Fund And Opens San Francisco Office

Stockholm venture firm Creandum has closed a $750M fund for early-stage startups and opened a San Francisco office to back founders in Europe and, increasingly, the US.

Lovable and Black Forest Labs backer Creandum closes $750M fund

European early-stage VC firm Creandum, which has backed the likes of Lovable, Klarna and Black Forest Labs, today said it had closed its largest ever fund, a $750m fund. The new $750m fund, Fund VIII,...

From €40M to €668M: how the Swedish VC behind Lovable and Spotify built Fund VIII

Creandum closes its largest fund at €668M to back around 30 early-stage startups, reserving half for follow-ons as it expands its US presence.

Swedish VC Creandum closes €668 million CVIII fund – its largest to date

Stockholm-based venture capital firm Creandum has closed a €668 million ($750 million) fund, Creandum VIII, to back early-stage technology startups from pre-Seed to Series A. The fund, its largest to date, will support approximately 30 investments over the next two years, with a particular interest in opportunities emerging from the rapid development of AI. It follows the firm’s €500 million Creandum VII fund, which closed in June 2024. “We cont…