Artificial Intelligence (AI)Healthcare, Healthtech & MedtechTechnology, Software & Gaming
Located in Amstelveen (Netherlands), Revo Capital Fund III is a venture capital fund managed by Revo Capital.
Sectors of interest of the fund are: fintech, gaming, information technology, health tech, clean tech, insure tech, DevOps, marketplaces, martech, big data, cybersecurity, and artificial intelligence and machine learning sectors.
The fund invests in global companies or in companies that have global businesses. Companies must be based in Eastern Europe, Turkey or the Baltics.
The fund will aim for a first close of between $50 and $60 million in March, and targets $100 million, with a cap at $150 million.
Revo plans to invest in over 25 seed to Series B startups, typically starting with up to $5 million per company and allocating up to $10 million with follow-ons.
The firm also carved out a "Seed Pocket" for smaller initial checks of $250,000–500,000 in promising pre-seed and seed-stage startups.