As one of the first venture capital funds in
Europe, Acton Capital invested in startups of the early
Digital Economy. The first investment was
online auction platform
Alando in
Germany, acquired by
eBay in 1999 for $43 million. In November 2019, Acton Capital announced the closing of its fifth fund "Acton V" at $215 million.
Investments and exits Acton Capital's investment focus is on tech-enabled business models like platforms, software as a service (
SaaS) or
online marketplaces and in fields such as financial technology (
fintech), mobility,
healthcare and
Direct-to-consumer or
recommerce. Exited investments include online marketplace
AbeBooks - acquired by
Amazon in 2008, online retailer of pet supplies
zooplus -
IPO in 2008, luxury fashion platform mytheresa.com - acquired by
Neiman Marcus Group in 2014, global online marketplace
Etsy -
IPO in 2015 and Canadian software developer
Themis Solutions (´Clio`) in 2019 to US
private equity firms TCV and JMI Equity. The current
portfolio of Acton Capital includes
Software as a service company
Mambu, fintech
iwoca from the
UK, student jobs platform Zenjob, the global information service company
AlphaSights both founded in
Berlin and Canadian telemedicine platform Maple. Acton Capital was part of a
Series B funding round for German
car subscription provider
Cluno, acquired by British online car retailer
Cazoo in February 2021 and early investor in the global
core banking engine Mambu. The
B2B Software-as-a-service company announced a $266mn funding round by Acton Capital Partners and US investment firms
EQT,
TCV and Bessemer. In 2020, Acton Capital led the
Series B round in London-based
elderly care platform Elder Technologies Ltd., the
Series A funding round in Paris-based
logistics platform
Convelio and is invested in
UK based online car retailer
Cazoo, that was listed on the
New York Stock Exchange at a $7bn valuation in 2021. In November 2023, Acton Capital announced the closing of its sixth
Venture capital fund at
Euro 225 million to invest in tech-enabled
business models like
legal technology,
hybrid work,
cyber security or
AI-driven solutions. ==References==