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fundcraft secures €12m in growth financing co-led by RAC and CCAP
09 September 2026 Luxembourg, France
Image: fundcraft
fundcraft, a digital fund operations provider for alternative investment funds, has secured €12 million in growth financing co-led by Riverside Acceleration Capital (RAC) and CCAP Investments (CCAP), with participation from existing investors including 3VC, MiddleGame Ventures, and Aperture Capital.
The new financing brings fundcraft’s total capital secured since its founding to €40 million, which the firm says, reinforces its position among Europe’s best-capitalised digital fund operations providers for alternative investment funds.
The financing further deepens fundcraft’s existing partnership with Riverside Acceleration Capital, the growth-stage investment strategy of The Riverside Company, following RAC’s earlier support for fundcraft’s expansion into France.
RAC brings growth capital and operational resources to support the company’s next phase of international scale.
Julien De Mayer, co-founder and CEO at fundcraft, says: “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.
“Our approach is to start addressing the needs and complexities of the buyout asset manager and implement our proven operating model organically across jurisdictions without stitching together disconnected platforms or service models.”
Christian Stein, senior partner at Riverside Acceleration Capital, adds: “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. We have been particularly impressed by its approach to AI, applying automation and intelligence to core fund operations rather than treating it as a separate layer.
“We are excited to deepen our partnership as the company scales across Europe and new asset classes.”
The new financing brings fundcraft’s total capital secured since its founding to €40 million, which the firm says, reinforces its position among Europe’s best-capitalised digital fund operations providers for alternative investment funds.
The financing further deepens fundcraft’s existing partnership with Riverside Acceleration Capital, the growth-stage investment strategy of The Riverside Company, following RAC’s earlier support for fundcraft’s expansion into France.
RAC brings growth capital and operational resources to support the company’s next phase of international scale.
Julien De Mayer, co-founder and CEO at fundcraft, says: “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.
“Our approach is to start addressing the needs and complexities of the buyout asset manager and implement our proven operating model organically across jurisdictions without stitching together disconnected platforms or service models.”
Christian Stein, senior partner at Riverside Acceleration Capital, adds: “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. We have been particularly impressed by its approach to AI, applying automation and intelligence to core fund operations rather than treating it as a separate layer.
“We are excited to deepen our partnership as the company scales across Europe and new asset classes.”
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