Today, the great Notion Capital has announced their new $150 million fund at a bid to aid the claim to be a go-to investor for the European B2B tech. It was launched 10 years before when the exit of MessageLabs at $700 million by the co-founders named Ben and Jos White. This new 4th fund will carry on the previous focus on the Series A SaaS and also the tech of the enterprise. But now, it will come up with an enhanced focus on the cybersecurity, marketplaces as well as the automation. Notion has $500 million investment under the management now. The portfolio of the company includes different European unicorns like GoCardless, Tradeshift, Paddle, Unbabel, Mews Systems, CurrencyCloud, Duedil and some others.
One of their partners named Stephen Chandler said that when they had founded Notion on the year of 2009, they had felt that had been like a mouth-watering and once in a lifetime opportunity to aid to transform an entire industry and to create a gigantic amount along that way. They built the largest EU SaaS exit and also firmly trusted that the SaaS was a better way to deliver software. Besides they also had a unique perspective. Stephen Chandler also said that Notion was the only post-seed VC in the entire Europe which was begun by the B2B founders and that meant a culture of the entrepreneurial empathy as well as investigating the questions related to “how” and “why”. They even had built and ran a SaaS company for around 10 years and had worked with 60+ SaaS firms over the following 10.
This year, in May, Notion has launched a VC fellowship program to enhance the number of the underrepresented communities in the venture capital industry. They also launched it to increase the diversity of dealings.