fund formation
Cresco is proud to have assisted Pitchdrive with the structuring and fundraising of Pitchdrive Fund IV, their newest early-stage fund closed at EUR 60 million, after having assisted Pitchdrive with the formation of Pitchdrive Fund I, II and III.
Founded in 2020 by Boris Bogaert, Wim Derkinderen and Koen Christiaens and chaired by Jonas Dhaenens, Pitchdrive has quietly become one of Europe’s most active pre-seed investors, having invested in some seventy start-ups since inception.
Fund IV strengthens Pitchdrive’s commitment to its Co-founder Capital model: acting as an embedded co-founder to its portfolio companies, available hands-on and drawing on the operating experience of Europe’s leading tech entrepreneurs.
The fund will invest in an estimated 25 to 30 early-stage start-ups across Europe and beyond with clear focus on the AI-native generation.
Congratulations to Wim Derkinderen, Lorenz Bogaert, Toon Coppens, Boris Bogaert, Jonas Dhaenens, Koen Christiaens, Bart Swanson and the entire Pitchdrive team for this new achievement!
David Dessers and Dominik Verbist constituted the deal team for this transaction.
More information can be found here.
For more information about our fund formation practice, please reach out to David Dessers.
