Speedinvest rolls out €60M Continuation Funds to Benefit Founders & Investors
Vienna-based venture capital firm Speedinvest, one of Europe’s most active seed investors, has announced the launch of two continuation funds totalling €60 million. The new vehicles are designed to give limited partners (LPs) earlier liquidity options while allowing promising portfolio companies more time to grow.
The first continuation fund, sized at €30 million, is already backed by Molten Ventures and Acurio Ventures. It focuses on acquiring stakes in around five high-growth companies from Speedinvest II (2015 vintage). A second €30 million continuation fund is planned to launch in the coming weeks, targeting additional portfolio assets.
Why continuation funds matter
Traditional venture capital funds often run into timing mismatches: LPs want distributions, but many portfolio companies are still scaling and not ready for an IPO or acquisition. Continuation vehicles solve this by:
- Providing early liquidity for LPs, particularly smaller investors such as family offices and private individuals.
- Extending runway for successful startups, enabling them to pursue growth without pressure to exit prematurely.
- Aligning incentives between new institutional investors and existing stakeholders.
Strategic implications for European VC
Continuation vehicles are common in the US but still relatively rare in Europe. With this move, Speedinvest is positioning itself at the forefront of European VC innovation, offering a proactive liquidity pathway that balances LP needs with founder ambitions.
CEO Oliver Holle emphasized that the initiative is part of a broader plan to evolve Speedinvest’s model. The firm, which manages over €1.2 billion across multiple funds, is also preparing to raise Speedinvest V in 2026, with a target size similar to or larger than its €350M predecessor. Additionally, Speedinvest is expanding relationships in Asia, targeting investors in Japan, South Korea, and Singapore.
Looking ahead
By structuring continuation funds of this scale, Speedinvest is not only solving for liquidity but also reinforcing its commitment to long-term founder support. In a climate of extended exit timelines, this approach could set a benchmark for how European VC firms deliver both early returns and sustained upside.