New Fund: To SquareOne For The Third Time
Berlin VC SquareOne (formerly Paua Ventures) has announced that it has €100M together for its third fund, which it intends to invest in early-stage B2B enterprise software and SaaS startups. The sectors are not as important as the solutions, so the startups can be active in fields from climate tech to supply chain management. The money comes from a mix of institutional and entrepreneurial investors as well as family offices. This strong network can enable SquareOne to provide startups in its portfolio with access to early customers. Among the companies SquareOne has invested in is payment provider Stripe, which is notable since a founder of competitor Adyen is among the investors in the new fund.