Slingshot Ventures starts new investment fund

Venture Capitalist Slingshot Ventures has started a new fund, for which more than 50 million euros in investment capital has already been raised. This means that the fund size is almost as large as the previous Slingshot fund from 2017, with a value of 64 million euros.

Slingshot Ventures wants to raise 80 million euros with the new round to invest in fast-growing startups and scale-ups in the digital consumer sector.

Although the fund has only been going for a few months, two holdings have already been added to the portfolio.

The Dutch Fangage was founded by Sam Renders (aka DJ Sam Feldt) and Nick Velten. It is a fan engagement platform where creators (artists, performers, musicians and famous athletes) can interact with their followers without the intervention of other social media platforms, while retaining data ownership.

Toothfairy is a digital dentistry platform from the United Kingdom where dentists and orthodontists can treat and monitor patients in a cost-efficient and fast way through smart technology.


Source: Nieuws – Emerce by www.emerce.nl.

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