Acton Capital Partners

Acton closes €150 million growth fund for internet and mobile in Europe

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Acton Capital Partners, the Munich-based investor in consumer internet and mobile companies formerly known as Burda Ventures, has closed its new Heureka Growth Fund, worth €150 million.

The growth-equity fund will invest in, you guessed it, internet and mobile communications companies in the consumer space for e-commerce, media and marketplaces, mainly within Europe but also in North America.

Currently its investment portfolio includes UK-based Glasses Direct and the Munich-based mytheresa.com, an international online retailer of luxury women’s fashion and accessories.

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