Flashpoint has completed the final close of its growth debt fund, raising $67m (£51m) from investors including high-net-worth individuals and family offices.
The close marks the second vintage of the $600m technology investment firm’s growth debt vehicle, with a large proportion of investors from the first vintage recommitting.
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Flashpoint said the fund targets venture capital-backed technology and tech-enabled companies at post-series A stage in Europe and abroad. Eligible firms must generate at least $3m in annualised revenue, deliver more than 30 per cent year-on-year growth and show clear product–market fit.
“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,” said Denis Mosolov, managing partner at Flashpoint growth debt. “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.”
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The fund has already financed six companies, committing more than $30m to BoB W, CropX, Whizz, Port, Charidy and OneDay. Flashpoint aims to lend to between 15 and 20 borrowers in total, with the fund expected to be fully drawn by the end of 2026.
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