Flashpoint has closed its second Growth Debt Fund at $67 million, expanding the firm’s capacity to finance venture-backed technology companies across Europe and other global markets. The vehicle drew commitments from 58 Limited Partners, including international family offices, high-net-worth individuals, and many returning investors from the first fund.
The fund targets VC-sponsored tech and tech-enabled companies that have already reached post-Series A scale, generating at least $3 million in annualized revenue, producing year-over-year growth above 30%, and demonstrating clear product-market fit. Flashpoint has already deployed more than $30 million into six companies: BoB W, CropX, Whizz, Port, Charidy, and OneDay. The firm expects the fund to support between 15 and 20 borrowers ultimately and to be fully drawn by the end of 2026.
Flashpoint’s first Growth Debt Fund, launched in 2020, is now in its sixth year and is on track to reach a DPI of 1x by the end of 2025. That vehicle-backed companies such as Dispelix, Mercaux, Spotawheel, Segmed, Welcome Pickups, Omnipack, ByNext, iDeals, and Clausematch, all of which have fully repaid their loans.
The firm now manages approximately $600 million in assets across its Venture Growth, Growth Debt, and Direct Secondary strategies. Headquartered in London with offices in New York and Tel Aviv, Flashpoint continues to expand its position in non-dilutive growth capital for emerging technology companies.
KEY QUOTE:
“We are delighted to have reached final close of our second growth debt fund and to have further established our strong credentials in this segment. The success of this raise reflects the confidence displayed by our investors in Flashpoint’s platform, and I would like to thank them sincerely for their trust. This closing also points to the growing importance of growth debt as an attractive option for founders, where we always try to provide flexibility and genuine partnership to founders and management teams. That’s a real differentiator.”
Denis Mosolov, Managing Partner at Flashpoint Growth Debt
