European enterprise investor Dawn Capital raises $400 million - Business Insider

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One of Europe's most bullish software investors has raised $400 million for the post-pandemic future

European venture capitalists remain bullish about local enterprise software startups, despite signals the pandemic may lead to a spending crunch.

Dawn has closed a $400 million fund to invest in enterprise startups across data, the future of work, fintech, and security. Dawn partner Evgenia Plotnikova and her fellow fund managers continue to be optimistic about Europe's fast-growing enterprise tech sector, which attracted $7.9 billion in investment in 2019, per data from Atomico.going into 2021, with one investor forecasting a fourth-quarter "bloodbath."

 

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