Mazanti-Andersen advises Heartcore Capital as it closes USD 250 million in new funds

Heartcore Capital, the Copenhagen, Paris and Berlin-based VC, has just closed its flagship fund Heartcore IV and Heartcore Progression Beta.

Heartcore IV is a USD 200 million early-stage vehicle investing in future consumer-technology companies from pre-seed to series A. Heartcore Progression Beta is a USD 50 million opportunity fund enabling Heartcore to continue investing in a limited number of breakout companies at the growth stage. Both vehicles were oversubscribed.

The capital has been raised through a number of institutional investors as well as 25 portfolio alumni and current founders.

Heartcore Capital was founded in Denmark in 2007 and specialises in consumer technology. Its portfolio so far includes four unicorns - GetYourGuide, Tink, Boozt and Neo4j - alongside the virtual food brand startup Taster, on-demand grocery delivery company Weezy and podcast platform Podimo. With its new funds, Heartcore will continue to invest in companies who set out to reinvent the way consumers live, work and play.

Members of the Mazanti Transactions team advising Heartcore Capital include Jakob Mosegaard Larsen, Julie Høi-Nielsen, Betina Vidriksen, Thomas Weisbjerg, Frederik B. Hasling, Jakob Søren Hedegaard, Kristian Bojsen and Adam Kara.

For more information on the new funds, read here.