Marktlink Capital closes fourth VC fund-of-funds at over €100M
What's the deal? Amsterdam-based Marktlink Capital has raised more than €100 million for Venture Capital Fonds IV, its fourth venture capital fund-of-funds. Mena reports that it is the largest and fastest-filled venture capital fund in the firm's history, with capital coming from hundreds of Dutch entrepreneurs and families. The firm's own fund page now lists the vehicle as closed, with a waitlist open for a fifth fund.
Context: Marktlink Capital gives private investors access to private equity, venture capital and private credit funds in Europe and North America. According to Mena, the firm's third venture capital fund closed last year at €90 million, and Marktlink Capital has passed €3 billion in committed capital, a milestone the Amsterdam firm reached five years after its founding in 2020. Managing partner Bouke Marsman told Mena that interest among Dutch entrepreneurs has grown because innovative companies are staying private for longer, so more of their growth and value creation happens before a listing. "That we filled our fourth fund in record time underlines that interest," he said.
Where the capital goes: Marsman said the firm now invests in, among others, Y Combinator, from which companies such as Airbnb and Stripe emerged, and Point Nine. Through these and other funds, he said, Marktlink Capital has indirect exposure to companies including Anthropic, SpaceX, Revolut and OpenAI. He also said SpaceX listed earlier this year and that Anthropic is preparing an IPO. The share allocated to newer, emerging venture funds has risen from about 10% to 25% compared with earlier funds, including an investment in Saga Ventures, founded by Max Altman, the brother of OpenAI founder Sam Altman. "Among these young funds are the Y Combinators of the future," Marsman said.
