Picus Capital Management has announced the final close of its oversubscribed Picus Venture Fund II, reaching its hard cap of €250 million.

Led By Alexander Samwer(Founding Partner), Florian Reichert(Partner & Managing Director), Jeremias Heinrich(Founding Partner), Robin Godenrath(Founding Partner & Managing Director), & Partners Alexander Kremer, Julian Roeoes, Oliver Heinrich, Sebastian Schafer, & Raphael Mukomilow, Picus Capital Management has announced Picus Venture Fund II.

Founded in 2025, Picus has made more than 170 investments in 20+ countries, some of which include Personia, Clara, Narmi, SilverFlow, Deel, Alasco, WeRize, Rhino, Hadrian, Formant, & others.

Amid a global fundraising slowdown, Picus Capital closed its oversubscribed €250M Fund II—2.5x the size of its 2021 debut—cementing its position as a leading venture investor with over €1.5B AUM.

Picus Venture Fund II builds on the firm’s strategy of doubling down on early winners, backed by global insight and selective new deals. Supported by top-tier institutions and tech founders, the €250M fund follows the success of the €100M Fund I launched in 2021.