Pitch Drive Fund II (in collaboration with SmartFin)
Pitch Drive
The mission of this new fund is to boost European tech startups
- Use: Go2Market;
- Date closing: -
- Amount: 500,000 € -
- Industry focus: Others;
- Total budget: 20M €
- Entity type: Venture Capital
- Vertical focus: Technology
- Website: https://www.pitchdrive.com/
- Status: Open
- Funding type: Equity investment;
- Geographic focus: Europe; Belgium;
- Public/Private: Private
- Stage focus: Seed; Series A; Series B; Series C;
- Applicant target: Startup;
Overview
Pitch Drive was founded with the mission of solving the drawbacks of the seed investment landscape in Europe. “Impact innovation at its core, spark creativity in society and boost economic growth in Europe” are some of the objectives of this firm. With this new fund, in collaboration with SmartFin, the company seeks to boost European tech startups. PitchDrive philosophy claims that “200k in the right hands can change the world”.
Normally, Pitch Drive invests €500k value of tools package per startup. With this new fund, the aim is to accompany and coach the founders of a new European generation, from their early-stage of growth to their late-stage of the journey.
With the first close at €20 million, this Fund II by Pitch Drive is susceptible to increasing up to €30 million.
Pitch Drive team is formed by experienced entrepreneurs: founders, investors, and intrapreneurs.
Here are some of PitchDrive’s portfolio startups: Oper, Boom Brush, and Picky. And some of SmartFin’s portfolio: recharge.com, Betty Blocks, and zivver.
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