Fund II first close · Fintech
RedBlue Capital Fund II reaches first close toward $50m-plus target
Olaf Sakkers’ second fund has attracted commitments from family offices and institutions. The amount closed was not disclosed.
The second vehicle follows a first fund that closed in 2023 with roughly $5 million in commitments. Sakkers founded RedBlue in 2021 after investing at Maniv Mobility, and is seeking to build a larger fund around technologies changing the physical economy.
Earlier RedBlue investments include Westmag, which makes motors for drones and robots, and driverless-truck developer Humble Robotics. Sakkers says the manager’s approach is to join rounds led by other firms and help founders reach customers and subsequent lead investors.
Use of funds
Invest in early-stage real-economy technology companies
Funding history
Fund II first close · This roundUndisclosed