BERLIN, Feb 25 (Reuters) - Venture capital investor Lakestar said on Tuesday it had raised a total of $735 million for early- and growth stage funds that will invest mainly in Europe, while adding new faces to its top leadership team.
Zurich-based Lakestar, founded in 2013, will invest one-third of the commitments to its Early Stage fund and two thirds to its Growth Stage fund as venture investing in Europe achieves increasing scale.
“Finally, venture capital has become a profitable asset class of its own in Europe,” Lakestar founder Klaus Hommels said in a statement.
