HV Holtzbrinck Ventures, the venture capital firm spun out of publisher Georg von Holtzbrinck, closed its sixth fund at €285m ($331m) on Friday.
Holtzbrinck Ventures was launched in 2000 but separated from its parent company in 2010 when it closed its €177m fourth fund, though Georg von Holtzbrinck was among the limited partners in its €175m fifth fund, raised in 2012.
The firm declined to identify the investors in Fund VI, but did reveal that they included backers from the US, Europe and the Middle East. The oversubscribed fund was reportedly raised in less than four months.
Holtzbrinck Ventures funds companies operating in the internet, mobile and digital media sectors, investing between $580,000 and $46m in each company.
In addition to its solo investments, which include daily deals website Groupon, mobile messaging company Nimbuzz and online food ordering service Delivery Hero, the firm also partners with incubator and venture firm Rocket Internet, and has contributed capital through Rocket to startups including Zalando, which went public in October, and Lazada.