Main Capital doubles down on enterprise software with €5.25 bil…

Reports from Tech.eu indicate that vC Fund Main Capital doubles down on enterprise software with €5.25 billion fund close Main Capital IX closed at €4 billion and Main Foundation III at €1.25 billion, providing capital to back profitable software companies across Europe, North America, and, for the first time, the UK. VC Fund Main Capital doubles down on enterprise software with €5.25 billion fund close Main Capital IX closed at €4 billion and Main Foundation III at €1.25 billion, providing capital to back profitable software companies across Europe, North America, and, for the first time, the UK.Cate Lawrence 20 minutes ago Share Facebook Twitter Linkedin Share Send email Copy link European enterprise software investors Main Capital Partners announced today that Main Capital IX and Main Foundation III have together closed over €5.25 billion in commitments.  Main Capital IX closed at a hard cap of €4 billion, and Main Foundation III reached a hard cap of €1.25 billion, together representing a more than twofold increase over their predecessor funds and increasing Main’s total Assets under Management to over €12 billion.  Main received continued support from its existing LP base, with a re-up rate exceeding 120 per cent.  Alongside re-ups from existing investors such as Hamilton Lane, both funds also attracted meaningful new commitments from a broadened global institutional investor base.New investors primarily came from the United States, Asia, and the Middle East, and comprised sovereign wealth funds, public pension funds, and insurance companies, including reputable names such as the State Teachers' Retirement System of Ohio, the Korean Teachers’ Credit Union, and AkademikerPension.  Over the course of its history, Main has realised 38 exits, with a weighted-average gross return of 4.7x and a loss rate well below 0.5 per cent.Key players involved: Goldman Sachs Asset Management, Partners Group This development has significant implications for Technology, potentially influencing competitive dynamics, investment patterns, and strategic priorities across the sector. It contends that AI is rapidly reshaping how software is built, sold, and scaled, creating a new frontier of growth opportunities across Main’s core product-markets, from healthtech and govtech to infrastructure and proptech.  Main has approximately 100 employees operating out of its offices in The Hague, Düsseldorf, Stockholm, Antwerp, Paris, and an affiliate office in Boston. Market ImplicationsForward-Looking IndicatorsContinued consolidation expected in the sectorIncreasing focus on digital transformation and innovationGrowing importance of ESG considerations Expert Commentary Looking AheadFor complete details on this development, refer to the original report from Tech.eu. Frequently Asked Questions