Stockholm-based funding agency, Incore Invest, has raised €15 million in a second closing of its Incore Make investments II, bringing whole dedicated capital to €40 million so as to assist the expansion of high-potential SaaS and FinTech corporations throughout Europe.
This comes mere months after raising €25 million for the launch of Invest II. Their typical entry level is on the Sequence A stage, supporting corporations with confirmed enterprise fashions, stable income streams, and clear paths to profitability.
Nicolai Chamizo, CEO and Founding father of Incore Make investments commented, “Incore Make investments’s technique has at all times been to again confirmed tech corporations with sturdy progress potential. Traders’ continued confidence in Incore Make investments may be very encouraging and with this second shut, the spherical is absolutely outfitted with capital to again probably the most promising European know-how corporations. It permits us to proceed figuring out and supporting the subsequent era of class defining know-how corporations shaping the way forward for the business.”
In 2025 a number of European venture-capital corporations have launched or closed new funds geared toward growth-stage or early-stage know-how corporations – illustrating that the marketplace for pooled funding automobiles stays energetic and numerous.
For example, Backed VC closed its third fund (Backed 3) at €86 million, reinforcing its long-standing give attention to frontier know-how and DeepTech ventures. In the meantime Notion Capital unveiled a new growth fund totaling €114 million, with the expressed intention of backing AI-driven software program and FinTech corporations throughout Europe. On the Iberian aspect, Armilar Venture Partners reported the first closing of its Fund IV at over €120 million, concentrating on disruptive applied sciences together with DeepTech and digital-transformation ventures throughout Spain, Portugal and different European markets. And in a special a part of the continent, Dutch VC henQ has raised about €67.6 million towards a brand new fund aiming to assist 8–12 B2B-software groups throughout Europe.
Altogether, these 4 funds alone characterize greater than €300 million of recent dedicated capital flowing into European tech and software program markets in 2025 – and so they fluctuate considerably in dimension, scope and technique.
This fund-level exercise helps situate Incore Make investments (with its €40 million Incore Make investments II) inside a broader and energetic European VC ecosystem.
Incore Make investments lands within the mid-size tier: giant sufficient to meaningfully assist Sequence A/ growth-stage SaaS and FinTech corporations, however smaller than the biggest pan-European or DeepTech funds. The existence of each giant, cross-regional funds (like Notion or Armilar) and extra centered or regional funds (like henQ) suggests Incore Make investments might discover complementary companions or co-investors with out essentially competing straight with all of them.
Furthermore, the truth that a lot of these funds explicitly goal software program, FinTech, AI, and DeepTech sectors underlines that the strategic focus of Incore Make investments – SaaS and FinTech companies with confirmed fashions – stays effectively aligned with investor demand in 2025.
Based in 2021 by Nicolai Chamizo and business specialists – Incore Make investments was created to again the subsequent era of high-growth, technology-driven corporations.
Their method blends energetic possession with shut founder collaboration. In accordance with VC, they carry a mixture of scaling experience, in depth worldwide networks, and transactional expertise to assist their portfolio corporations navigate progress, strategic partnerships, M&A, and IPOs.
Their portfolio at present contains:
- Froda: A Nordic embedded finance platform, which was backed by means of Incore Make investments II.
- Brite: A Swedish funds platform that harnesses the facility of open banking and processes instantaneous funds between shoppers and on-line retailers.
- Mynt: A Swedish FinTech startup providing good firm playing cards that simplifies expense administration.
- Kameo: A Scandinavian funding platform that provides funding alternatives and connects greater than 65,000 retail and institutional buyers with Scandinavian actual property builders and corporations.
- Savr: A now exited market for financial savings with the ambition to create transparency and improved experiences for long-term savers.
In step with the spherical’s technique, Incore Make investments II plans to additional broaden its portfolio and strengthen its engagement with choose corporations, guaranteeing hands-on partnerships to drive progress.
