KPN Ventures invests in Cottonwood and claims its first fund-in-fund investment
A big fund that invests in another fund, that’s quite unusual if you ask me. KPN Ventures, the venturing arm of KPN, has an agreement with Cottonwood European Technology Fund (CETF) to become one of its cornerstone investors. CETF is a venture capital fund specialised in high-tech companies in an early stage of development. With this deal, KPN Ventures claims its first fund-in-fund investment.
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.
Jurryt Vellinga, CEO
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 ...
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.
Justin Eisenbach, President and CEO
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...
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.