About This Fund
The Speedinvest Continuation Vehicle is a EUR 30 million GP-led secondary fund managed by Speedinvest, one of Europe's leading multi-stage venture capital firms. The vehicle was structured to enable Speedinvest to extend its holding period in a select group of high-conviction portfolio companies from earlier vintage funds, rather than forcing premature exits in a challenging liquidity environment. Ion Pacific, a cross-border investment firm, anchored the vehicle with a EUR 30 million commitment in October 2025, as disclosed through announcements by legal advisers Baker McKenzie and YPOG.
As a continuation vehicle, the fund represents a GP-led secondary transaction in which existing limited partners were offered the option to roll their stakes into the new vehicle or receive liquidity, while new investors gained access to a curated portfolio of Speedinvest's best-performing holdings at a defined entry point. The structure provides Speedinvest with additional time and capital to support portfolio companies through their next growth phases, potentially into late-stage rounds and liquidity events, without the constraints imposed by the fixed-life schedule of the predecessor funds. Speedinvest has publicly committed to launching multiple continuation vehicles as part of its systematic liquidity strategy for its vintage funds.
This vehicle is part of a broader program: Speedinvest previously closed an initial EUR 30 million continuation vehicle anchored by Molten Ventures and Acurio Ventures, with Ion Pacific's vehicle representing a second, parallel structure targeting different portfolio companies. The approach reflects a maturing trend across European venture capital, where leading managers increasingly use continuation funds to manage portfolio duration and deliver structured LP liquidity as an alternative to secondary sales or IPOs. Speedinvest's early adoption of the continuation fund model positions it among the first European VC managers to systematically operate multiple such vehicles at scale.