GP Bullhound Fund VI

GP Bullhound Fund VI is the sixth flagship venture fund raised by GP Bullhound Asset Management Ltd., the investment arm of GP Bullhound — a global, independent technology investment bank founded in London in 1999 by Hugh Campbell, Per Roman, and Manish Madhvani. Rebranded Bullhound Capital for the fund management activities, the firm manages over EUR 1 billion in assets across its fund series and has 25 years of track record backing category-defining technology companies. The Fund VI general partner entity, GP Bullhound Fund VI GP Sarl, was registered in Luxembourg in April 2022, and the fund has been actively deploying capital since 2022-2023 in growth and late-stage technology companies across Europe and North America.

GP Bullhound Fund VI targets the AI-led software revolution, concentrating capital on later-stage venture and growth investments in software businesses applying artificial intelligence to solve real-world operational challenges. The fund makes initial equity tickets of approximately EUR 10-30 million per company and targets a portfolio of roughly 10-12 holdings per fund cycle. Geographic emphasis is placed on the UK, Sweden, Spain, Germany, France and the United States. The fund is backed by institutional investors including the European Investment Fund (EIF), Luxembourg Future Fund 2 (LFF2/SNCI), and Germany's ERP/EIF Growth Facility.

GP Bullhound's investment track record spans more than 25 years and includes early and growth-stage positions in category leaders such as Spotify, Klarna, Revolut, Slack, Unity, Discord, DuckDuckGo, Patreon, HackerOne, and EcoVadis. Notable fund-level exits include Spotify (IPO), Slack (acquired by Salesforce), LeoVegas (acquired by MGM), and Quixel (acquired by Epic Games). Fund V closed at its hard cap of EUR 300 million in October 2021 with 38.8% net IRR. Fund VI builds on this track record with reported investments including Sesame HR, Mentimeter, Sanity ($85M Series C May 2025), LeoLabs, Q-CTRL, EcoVadis, Quantum Systems (EUR 20M), and d-Matrix (2025).