News

November 28, 2023

Former Speedinvest and Signals VCs announce pre-close of €20m fund to back creative startups

Vienna-based New Renaissance Ventures is quick to assert that it’s not an impact fund and is aiming to make “venture-sized” returns

VCs in Europe are increasingly leaving funds to start their own thing — and former Speedinvest VC Severin Zugmayer and Munich-based Signals’ principal Michael Mayboeck are the next in line.

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Miriam Partington

Miriam Partington is a senior reporter at Sifted, based in Berlin. She covers the DACH region and the future of work, and writes Startup Life , a weekly newsletter on what it takes to build a startup. Follow her on X and LinkedIn

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