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A top European software investor raises $700 million — defying the venture capital slump

A top European software investor raises $700 million — defying the venture capital slump

Malte Mueller | Fstop | Getty Images

Dawn Capital, one of Europe’s biggest backers of business-to-business software companies, raised $700 million in two new funds — doubling down on its bid to find technology champions in the region at a time when venture capital funding for tech startups has dwindled.

The London-based VC firm is one of the most prominent tech investors in the continent, with a portfolio that includes the likes of Swedish…


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