The venture capital firm Headline
As GRÜNDERSZENE reports, the venture capital company Headline was founded in Silicon Valley in 1999. However, the company’s headquarters are now in the German capital of Berlin. According to its website, the company also operates other locations in San Francisco, Paris, Beijing, Taipei, Tokyo and São Paulo. To find the right investments, the company uses an artificial intelligence called EVA, which searches databases for tech startups that are both promising and showing strong growth. This should not only make the sourcing process faster, but also ensure more diversity.
The Headline Portfolio
In Europe, the focus of the company’s investments is primarily on companies in the seed and series A phase, as GRÜNDERSZENE explains. In the now more than 20 years, the investor has already invested in a considerable number of companies. The company’s portfolio includes fantasy football manager game Sorare, consumer goods and food delivery company Gopuff, and online dating app Bumble.
Headline raises nearly $1 billion fund
In a press release dated July 7, 2022, the company states that it has raised a total of $954 million “to nurture the next generation of world-class companies.” That money is split across three funds: the San Francisco-based North America fund, Headline US VII ($408 million), Headline EU VII, the Europe-focused fund ($320 million), and Headline Brazil III , the fund focused on Latin America (915 Brazilian reals). “This milestone comes at a challenging time. We live in a post-exuberance environment where resources are finite and we all need to be conscious about our money, time and energy. Markets like these reward creativity, determination and the anti- sheep,” explains the company.
E. Schmal / Editor finanzen.net
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