PROJECT

Projects

Summary of Investment Information

Project Number

44956

Company Name

LAUNCHUB FUND II COOPERATIEF U.A.

Date SPI Disclosed

Dec 10, 2020

Country

Southern Europe Subregion

Region

Europe

Projected Board Date

Apr 14, 2021

Environmental Category

FI-3 - No Impact

Status

Active

Last Updated Date

Sep 12, 2024

Department

Equity Portfolio Management

Industry

Funds

Previous Events

Approved : Apr 14, 2021
Signed : Jun 23, 2021
Invested : Jul 16, 2021

Sector

Venture Capital Fund

Project Description

 The proposed project consists of an IFC equity commitment of up to €10 million in LAUNCHub Ventures Fund 2.0 (“LAUNCHub 2.0” or the “Fund”), a Netherlands domiciled Venture Capital (VC) Fund. The Fund will invest in Seed to Series A technology startups in South Eastern Europe (SEE) focus region. A separate co-investment envelope of up to €10 million to invest alongside all Launchub managed funds will also be part of the project.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation