Investments
403Portfolio Exits
111Funds
9Partners & Customers
1Service Providers
1About HV Capital
Holtzbrinck Ventures is an independent European early stage fund. The firm mainly invests in Seed and Early Stage companies. Especially for Early Stage investments, Holtzbrinck Ventures places value on outstanding management that blazes new trails well off the beaten path.

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CB Insights Intelligence Analysts have mentioned HV Capital in 5 CB Insights research briefs, most recently on Apr 14, 2022.


Latest HV Capital News
Feb 3, 2023
G Squared lead the Series C round, with GGV Capital, Tiger Global Management and HV Capital participating. In total, JOKR, which was founded in 2021, has to date raised $480 million in equity and debt. Leaving the US Last year, the venture said it was shuttering its New York and Boston businesses and leaving the US market altogether, with the focus now being on Latin America. In a LinkedIn post, he said: “I recommended to JOKR to sell their operations in the US, and instead focus on Latin America and Mexico.” “They contacted me to say that they were "disappointed" by my suggestion and that I "didn't understand their strategy." Actually, I understood their business and the reality of the rapid grocery delivery industry better than their senior executives did.” “huge opportunity for legacy retailers and grocers” JOKR’s latest fundraising comes at a critical time for rapid delivery startups. Several have suffered from post-Covid hangovers, with funding stagnating and the cost-of-living crisis escalating. NTT DATA recently conducted analysis on this space, the long-term financial viability of which has always been in question, the company believes. It surveyed 2,000 grocery shoppers in the UK, focusing on inner city areas where quick commerce is available. It found that just under a third of inner city dwellers use rapid delivery apps/Q-commerce. However, more than half using the apps are decreasing their use (59%) as cost over convenience becomes more important. 92% of consumers state cost is one of the biggest decisions for where and when to purchase their groceries. This is followed by quality with 77% confirming this as a key decision point. Speed is left far behind with only 17% stating this is a deciding factor on where they buy groceries from. This plays out when analysing web traffic data to the major Q-commerce brands. NTT DATA analysed SimilarWeb data and found there was an average 19% decrease in traffic over the last three months, with Getir taking the biggest hit. Geoff Lloyd, Director of Retail at NTT DATA UK&I, commented: “As a result of food inflation and the current cost-of-living crisis, consumers are becoming more cost conscious with their purchases and are prioritising this over convenience.” “As a result, fewer consumers are now willing to accept the higher cost that comes with the Q-commerce model, whether it is through higher pricing of products, or additional costs they need to pay for delivery to their doorstep.” “As funding stagnates and introductory offers start to disappear, consumers are likely to decide that the convenience is not worth the cost and will move away from these applications.” He concluded: “There is a huge opportunity here for legacy retailers and grocers to gain back market share from the Q-commerce challengers and increase sales during this time, as the current economic climate is altering consumer buying behaviour.” “By using data to help improve deals and targeted offers as part of loyalty programmes, supermarkets can gain the upper hand and increase margins during this difficult retail period.” Featured
HV Capital Investments
403 Investments
HV Capital has made 403 investments. Their latest investment was in Jokr as part of their Series C on February 2, 2023.

HV Capital Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
2/3/2023 | Series C | Jokr | $50M | No | 5 | |
2/1/2023 | Series A - III | Sdui | $19.65M | No | 6 | |
12/13/2022 | Series A | Public Pressure | $6M | Yes | 1 | |
11/8/2022 | Series C | |||||
10/19/2022 | Series E |
Date | 2/3/2023 | 2/1/2023 | 12/13/2022 | 11/8/2022 | 10/19/2022 |
---|---|---|---|---|---|
Round | Series C | Series A - III | Series A | Series C | Series E |
Company | Jokr | Sdui | Public Pressure | ||
Amount | $50M | $19.65M | $6M | ||
New? | No | No | Yes | ||
Co-Investors | |||||
Sources | 5 | 6 | 1 |
HV Capital Portfolio Exits
111 Portfolio Exits
HV Capital has 111 portfolio exits. Their latest portfolio exit was Compeon on January 13, 2023.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
1/13/2023 | Acquired | 1 | |||
12/6/2022 | Acquired | 2 | |||
7/22/2022 | Acquired - II | 1 | |||
Date | 1/13/2023 | 12/6/2022 | 7/22/2022 | ||
---|---|---|---|---|---|
Exit | Acquired | Acquired | Acquired - II | ||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 1 | 2 | 1 |
HV Capital Acquisitions
1 Acquisition
HV Capital acquired 1 company. Their latest acquisition was Platinnetz on January 26, 2009.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
---|---|---|---|---|---|---|
1/26/2009 | Seed / Angel | Acq - Fin | 1 |
Date | 1/26/2009 |
---|---|
Investment Stage | Seed / Angel |
Companies | |
Valuation | |
Total Funding | |
Note | Acq - Fin |
Sources | 1 |
HV Capital Fund History
9 Fund Histories
HV Capital has 9 funds, including HV COCO Growth.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
2/16/2022 | HV COCO Growth | $489M | 3 | ||
10/29/2020 | HV Holtzbrinck Ventures Fund VIII | ||||
10/9/2020 | HV Holtzbrinck Ventures Fund VIII Feeder | ||||
1/22/2018 | HV Holtzbrinck Ventures Fund VII | ||||
1/16/2015 | HV Holtzbrinck Ventures Fund VI |
Closing Date | 2/16/2022 | 10/29/2020 | 10/9/2020 | 1/22/2018 | 1/16/2015 |
---|---|---|---|---|---|
Fund | HV COCO Growth | HV Holtzbrinck Ventures Fund VIII | HV Holtzbrinck Ventures Fund VIII Feeder | HV Holtzbrinck Ventures Fund VII | HV Holtzbrinck Ventures Fund VI |
Fund Type | |||||
Status | |||||
Amount | $489M | ||||
Sources | 3 |
HV Capital Partners & Customers
1 Partners and customers
HV Capital has 1 strategic partners and customers. HV Capital recently partnered with Rabo Frontier Ventures on July 7, 2020.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
7/14/2020 | Partner | Netherlands | Rabo Frontier Ventures partners with HV Holtzbrinck Ventures UTRECHT , July 2020 -- Rabo Frontier Ventures '' , a € 150 million investment fund of Rabobank , focusing globally on innovative Fintech and Agtech companies , has entered into a partnership with HV through a commitment to their new fund . | 1 |
Date | 7/14/2020 |
---|---|
Type | Partner |
Business Partner | |
Country | Netherlands |
News Snippet | Rabo Frontier Ventures partners with HV Holtzbrinck Ventures UTRECHT , July 2020 -- Rabo Frontier Ventures '' , a € 150 million investment fund of Rabobank , focusing globally on innovative Fintech and Agtech companies , has entered into a partnership with HV through a commitment to their new fund . |
Sources | 1 |
HV Capital Service Providers
1 Service Provider
HV Capital has 1 service provider relationship
Service Provider | Associated Rounds | Provider Type | Service Type |
---|---|---|---|
Counsel |
Service Provider | |
---|---|
Associated Rounds | |
Provider Type | Counsel |
Service Type |
Partnership data by VentureSource
HV Capital Team
9 Team Members
HV Capital has 9 team members, including current General Partner, Sven Achter.
Name | Work History | Title | Status |
---|---|---|---|
Sven Achter | General Partner | Current | |
Name | Sven Achter | ||||
---|---|---|---|---|---|
Work History | |||||
Title | General Partner | ||||
Status | Current |
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