HomeSwedenOxx Raises $190M Second Fund To Back European B2B SaaS Scaleups

Oxx Raises $190M Second Fund To Back European B2B SaaS Scaleups

Oxx

Oxx, a London, UK and Stockholm, Sweden-based venture capital firm, raised $190m to support European B2B SaaS scaleups.

Led by Richard Anton, GP, Mikael Johnsson, GP, Oxx focuses on backing European SaaS companies at the scale-up stage where access to capital for these businesses in Europe is not at the same level as in the US, which presents a great opportunity.

In this second generation of funds, the firm will continue to invest in companies as main stakeholders, actively taking a role in the success of them, by sharing their deep knowledge and expertise for the benefit of its portfolio companies and the wider SaaS community, and through providing access to a wide network of specialist advisors, helping companies unlock the knots on the journey to growth.

The team also includes Partners Bob Thomas and Phil Edmondson-Jones and Principal Ingrid Bonde Åkerlind.

VCWire

30/11/2023