An oversubscribed second venture fund closed at its hard cap during a broader slowdown in European VC fundraising. Its final close was reported at €250m on 23 May 2025. The mandate covers Europe and selected global markets. The stated stage focus is Early Stage.

At a glance

ManagerPicus Capital
Close statusFinal close
Capital€250m
Reported on23 May 2025
Fund typeVenture

Source and review

This fund record was manually reviewed on by the EverythingVC editorial team under our research methodology.

The capital figure reflects commitments reported by the cited source. It is not an estimate of remaining dry powder or current fundraising availability.