Notion Capital, a European venture investor in business software and fintech, has closed its third growth fund, Notion Capital Opportunities III SCSp, with $130m (€114,) in total capital commitments, the firm has announced.

The fund will support existing portfolio companies further along their growth journeys while also investing in select external growth-stage businesses, reflecting Notion’s strategy of backing category-leading companies in the European tech sector. The firm has already deployed capital into companies including Aikido, Upvest, Resistant AI, and new investments in Nelly and Kraken Technology Group, with around a dozen core investments expected in total.

Notion has also appointed Jess Bartos, a former Rothschild banker and Salesforce Ventures investor, as an external Partner alongside existing Partner Stephanie Opdam to lead the strategy. This marks the first time Notion has dedicated leadership specifically to its growth strategy, highlighting the firm’s ambitions to expand the fund’s profile and scale.

Investors in Growth Opps III included sovereign wealth funds, pension funds, fund of funds, insurers, family offices, and high-net-worth individuals across Europe, the Middle East, and the United States. Notion plans to return to market with its sixth venture fund in 2026.