Van den Ende launches €107m fund; rebrands as Endeit

Headquartered in Amsterdam, Endeit Capital, founded as Van den Ende & Deitmers in 2006, is a venture capital firm with offices in the Netherlands' capital and Hamburg, Germany.

Its first fund also sought internet companies, comprising 15 of the 20 firms it backed during its lifespan. According to its figures, aggregate turnover in all 20 businesses jumped from €235m to €835m throughout Endeit's shareholding.

The VC's first fund still holds Netherlands-headquartered Spil games, Picturae and Quadia, UK-based video startup Unruly and German business Smartclip.

Investors
The VC has so far secured commitments from cornerstone investors European Investment Fund (EIF) and Joop van den Ende, one of Van den Ende & Deitmers' two co-founders in 2006. The businessman is also founder of Endemol and Stage Entertainment – in June he sold his 60% stake in the latter, an Amsterdam-headquartered musical-theatre business, to CVC Capital Partners.

Additional LPs for the fund include the founders of startups Eyeworks, Metrixlab and Improve Digital. According to unquote" data, all three are portfolio companies the VC invested in via its predecessor fund in March 2006, October 2008 and April 2011, respectively. Also investing in Endeit's second fund will be the founder of Drukwerkdeal Marco Aarnink and Endeit's co-founder Hubert Deitmers. 

Investments
According to the firm, Endeit Fund II will seek investments in the internet sector, with a focus on those within the digital media and marketing, e-commerce and mobile segments, among others.

Although a geographic breakdown was not provided, the VC has so far targeted companies within the Dutch and German market.

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• Topics
• Benelux
• Venture
• Technology
• Netherlands
• Van den Ende & Deitmers
• Internet