Lisbon and London-based venture studio Creative Capital Ventures (CCV) has announced the launch of its new investment fund that combines substantial financial backing with strategic growth acceleration for early-stage tech companies and IP acquisitions.
€18 million has been committed to date by institutional and private investors including Saratoga Capital and Anthill Ventures, with a view to raising up to €50 million by the end of quarter one 2025.
The fund’s first round of capital is set to be deployed by year end 2024, with 18 initial investments and 11 follow-on investments targeted.
Startups across critical sectors, including technology, digital media, and innovative consumer products will be empowered by the fund, CCV’s team has impacted 150 startups, with 20 companies founded and six exits between them.
John Darling, a key figure at Creative Capital Ventures, expressed enthusiasm about the new venture. “We are excited to launch our new fund,” he said. “It will provide critical capital and help scale innovative startups. We aim to foster long-term success for ambitious entrepreneurs.”
The fund will focus on high-growth sectors currently experiencing significant disruption, such as sports tech, media, entertainment, and lifestyle (health and wellness). CCV recognizes the lucrative opportunities in these industries. The fund strategically invests in early-stage tech companies and IP acquisitions, offering venture-like returns with greater stability.
Creative Capital Ventures is poised to achieve impressive returns while mitigating risk by acquiring more stable assets and targeting early-stage tech companies and IP. Darling shares that the new investment fund has already secured term sheets with several high-profile companies, demonstrating its strong potential.
Rich Britton, who leads the fund’s creative aspects, highlighted the importance of IP, particularly in immersive entertainment and music rights. He explained: “Our fund is committed to supporting ventures innovating in IP-related fields, especially those creating immersive experiences and taking advantage of music rights. This investment fund comes at the right time, as these areas are ripe for growth and offer tremendous opportunities for reinventing how creators produce and consumers consume content.”
Dominic Joseph outlined the operational framework and discussed how Pivotal, one of CCV’s venture studios, will play a crucial role in the fund’s strategy. CCV Studio is a product of CCV’s leading creative brands in marketing, design, and development, driving forward-thinking solutions.
“With Pivotal, we’re bringing a hands-on technique to the startup acceleration process. Our team will provide ongoing, tactical support that covers everything from strategic planning to operational execution, making certain that we position our investments for real and sustainable growth,” Joseph explained.
The launch of CCV’s new investment fund marks a significant milestone in the venture capital field. It blends traditional investment strategies with innovative growth mechanisms designed to build the next generation of market leaders.
Read the orginal article: https://www.eu-startups.com/2024/10/creative-capital-ventures-launches-e18-million-fund-to-invest-in-tech-digital-media-and-consumer-products/
