Cottonwood Technology Fund receives EuVECA label
Fund News

Cottonwood Technology Fund receives European EuVECA label

The European Venture Capital Fund (EuVECA) Regulation offers a voluntary EU-wide marketing passport to qualifying fund managers, while sparing them the costs associated with authorisation and compliance with the AIFMD, such as the requirement to appoint a depositary. While developed originally to facilitate cross-border fundraising by small venture capital managers, the EuVECA label has been available to fund managers of all sizes, including AIFMD-authorised private equity fund managers, since 2018. The recent review, which sought to encourage greater take-up of the label, also led to a number of other improvements to the regime.

The label is only issued by the Dutch Authority for the Financial Markets (shortened: AFM) when an investment fund and its managers can meet a specific set of quality requirements and ongoing obligations.

On the 2nd of November 2020 Cottonwood is granted the EuVECA label by the AFM. With the EuVECA label in place, Cottonwood Technology Fund can offer institutional investors in any of the member states of the European Union the opportunity to invest in Cottonwood Technology Fund III.

 

 

 

Sencure
We are gladly having Cottonwood Technology Fund on board as lead investor. They are very supportive on aligning strategy and execution. The first year they ...
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Jurryt Vellinga, CEO
Sencure BV
We are gladly having Cottonwood Technology Fund on board as lead investor. They are very supportive on aligning strategy and execution. The first year they brought in already 8 corporates as potential customer. We are surprised every time about their extensive entrepreneurial mindset, business experience and global network of Cottonwood. They have been very smart people and 24/7 supportive.
Sencure
Jurryt Vellinga, CEO
Sencure BV
BayoTech
We would not exist, or certainly not in New Mexico, if it were not for Cottonwood. Until Cottonwood got involved we struggled to get attention ...
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Justin Eisenbach, President and CEO
Bayotech Corp
We would not exist, or certainly not in New Mexico, if it were not for Cottonwood. Until Cottonwood got involved we struggled to get attention from other capital providers. Cottonwood has been a real catalyst, beyond their money, to upgrading our management team, opening doors to potential strategic investors and customers and focusing on our market entry strategy. Cottonwood has been a great partner in driving our success in every area. I truly believe they wake up every day looking for ways and ideas that can support our success.
BayoTech
Justin Eisenbach, President and CEO
Bayotech Corp
Skorpios Technologies, Inc.
Cottonwood began working with me a year before they closed their first fund. Even though they weren’t initially in a position to invest they...
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Steve Krasulick, President & CEO
Skorpios Technologies
Cottonwood began working with me a year before they closed their first fund. Even though they weren’t initially in a position to invest they still opened doors to potential investors and customers, and assisted with the fund raising strategy and execution plan. Once their fund was closed they took an aggressive lead role in pulling together our first round and helping us launch the company. Now after having raised almost $150M they continue to support our growth, provide valuable advice and open doors to additional resources as we need them. We have been fortunate to have Cottonwood as a partner in building our company.
Skorpios Technologies, Inc.
Steve Krasulick, President & CEO
Skorpios Technologies