Orbit Capital announced the second closing of Growth Debt II at €107 million. The milestone reflects support from both existing and new investors.
Growth Debt II is focused on providing venture debt to innovative scaleups across Central and Eastern Europe. Orbit Capital said the close strengthens its ability to provide ambitious founders in the region with flexible, non-dilutive growth capital.
The firm said the financing milestone reflects growing investor conviction in venture debt as an important financing solution for scaleups. Venture debt can help companies extend runway, fund growth initiatives, and access capital without taking on additional equity dilution.
Orbit Capital said the fund is designed to support founders building high-growth companies across the CEE region. The strategy is positioned around the need for flexible capital as scaleups navigate expansion, product development, hiring, and market entry.
The firm thanked its investors for their continued support and the founders who have chosen Orbit Capital as a financing partner. The second close positions Orbit Capital to continue backing innovative companies across the region through its Growth Debt II strategy.
KEY QUOTE:
“This milestone reflects the strong support of both our existing and new investors, who share our conviction in the growing role of venture debt as an increasingly important financing solution for most innovative scaleups from CEE. With this latest close, we’re even better positioned to provide ambitious founders across the region with flexible, non-dilutive growth capital.”
Orbit Capital statement
