(L-R) Christian Senitz, Chief Operating Officer at fundcraft; Julien De Mayer, Co-founder & CEO at fundcraft; Olga Porro, Co-founder & Chief Product Officer at fundcraft;
Credit: fundcraft
On Wednesday 9 September 2026, fundcraft, a Luxembourg-based fintech specialising in digital fund operations, announced that it had secured €12 million in strategic growth financing, co-led by Riverside Acceleration Capital (RAC) and CCAP Investments (CCAP), with participation from existing investors 3VC, MiddleGame Ventures and Aperture Capital.
According to fundcraft, the new financing brings the company's total capital secured since its founding to €40 million. The financing also deepens fundcraft's existing partnership with Riverside Acceleration Capital, following RAC's earlier support for the company's expansion into France.
The round follows what fundcraft described as a period of “strong and accelerating execution”, with the company currently supporting more than 20,000 limited partner subscriptions across nearly 300 funds. In the first half of 2026, fundcraft signed as many new clients as in the whole of 2025, with more than half of new clients comprising mid-to-large alternative asset managers or multi-jurisdictional private market access platforms.
The financing will support fundcraft's next phase of growth across its existing European markets, expansion into additional jurisdictions and the development of capabilities in institutional private equity buyout strategies. It will also support the continued implementation of its artificial intelligence strategy, including AI-enabled workflows across investor, fund and portfolio operations.
Fundcraft's expansion into France has progressed following regulatory approval. After establishing operations in Luxembourg, the fundcraft Group obtained a separate Alternative Investment Fund Manager (AIFM) licence in France, authorised by the French Financial Markets Authority (AMF) in June 2026. Fundcraft has since been mandated to support several French fund launches representing more than €1 billion in combined commitments and subscription targets.
Julien De Mayer, Co-Founder and Chief Executive Officer at fundcraft, said: “We are raising capital to scale a model that is already proving itself with institutional clients facing more complex requirements across Europe. The fact that nearly one-third of new fund mandates committed to fundcraft in the first six months of 2026 came from existing clients is an important validation: managers are not only choosing fundcraft, they are growing with us.”
Christian Stein, Senior Partner at Riverside Acceleration Capital, added: “We see first-hand the operational challenges that increasing complexity in private markets creates for asset managers, investors and service providers. Fundcraft brings a differentiated operating model for this environment, using integrated technology and AI to deliver a superior client and investor experience at scale.”
Olga Porro, Co-Founder and Chief Product Officer at fundcraft, said: “Our roadmap has been shaped by operational complexity. To support our operations expert team and digital platform, we are embedding automation and AI-assisted capabilities into the workflows, controls and data foundations that make complex funds scalable, from investor onboarding and transfer agency to reporting, waterfall calculations and cross-border distribution.”
Christopher Caesar, Founding and Managing Partner at CCAP, added: “Fundcraft digitalises the entire fund lifecycle on one data layer — structuring, onboarding, administration, reporting, compliance. Data is captured once and becomes the single source of truth in an industry defined by fragmentation.”