The VCs at Earlybird raise $100M for their fourth fund

Earlybird Venture Capital, a Berlin-based VC firm, has just raised $100 million for its fourth fund. That’s half the amount the firm hopes to raise, and it brings all Earlybird fundraising to date to $700 million.

The firm is focusing on “disruptive global consumer and enterprise internet and technology businesses originating from Europe, with an emphasis on German-speaking countries,” the firm revealed in a statement emailed to VentureBeat last night.

“The new Earlybird fund builds on Earlybird’s top tier performance in adverse market cycles over the last 14 years,” said Earlybird managing partner Hendrik Brandis in the statement. “We are proud that we have been able to attract a high quality group of existing and new investors from all over the world.”

“We are deeply committed to founder success and in helping entrepreneurs build tomorrow’s category leaders,” said Earlybird managing partner Christian Nagel in today’s release. “In addition to maintaining our continental investment focus, we plan to significantly add to our seven existing portfolio investments in Berlin, which has become a nourishing ground for global tech companies.”

Berlin is, in fact, becoming something of a tech hotspot. Soundcloud, which recently raised a hefty $50 million, calls Berlin home. And Ashton Kutcher has been pumping some money into multiple Berlin-based tech companies.

Already, Earlybird’s portfolio includes general tech and health-focused technology companies, among them, Carpooling.com and SocialBakers, a DEMO company we’ve covered repeatedly in the past.

Earlybird was founded in 1997 and has seen 20 of its portfolio companies successfully exit to date.