[European Venture Capital Firm Sprints Raises €725 Million for Fifth Fund, Over Half Already Deployed] According to Bloomberg, European venture capital firm Sprints has completed fundraising for its fifth fund, totaling €725 million (approximately $810 million). Henrik Persson, the firm's co-founder and managing partner, stated that the fundraising process took about a year, and over half of the funds have already been deployed to invest in new companies and existing portfolios. Investors include endowments, foundations, pension funds, and family offices. Sprints was an early investor in Revolut and is the largest shareholder of the second-hand trading app Vinted (it has also invested in Flightradar24 and payment company Checkout.com). Its AI customer service company Fin was acquired by Salesforce this year for $3.6 billion.