Sofia, Bulgaria-based early-stage VC firm LAUNCHub Ventures is on its way to raising a €70 million fund by the end of the first half of 2021; today the company is announcing a €44 million first close as its investment activities across the SEE and CEE regions pick up. LAUNCHub Ventures was set up in 2012 […]
Tioga Capital, a young Belgium-based blockchain fund, has received an investment commitment from SRIW, a sovereign wealth fund that manages about $4 billion worth of assets. The fledging venture firm says it has raised $17 million for its “highly oversubscribed” first close, and that it is planning a second, broader close in 2021. Founded by […]
Earlier today at Web Summit 2020, the European Investment Bank Group (EIB Group) unveiled a brand new financing instrument to support artificial intelligence companies across Europe. The co-investment facility of (up to) €150 million will allow the EIB Group to invest in promising early-stage and growth-stage AI tech companies alongside funds backed by the European […]
Germany-based Point Nine, a pan-European and US focused VC firm that specialises in B2B SaaS and marketplace investments, has closed a new €100 million seed fund (technically €99,999,999) dubbed ‘P9 V’. You guessed it, this is the firm’s fifth fund since its founding in 2011. Aside from having the greatest of VC websites, Point Nine […]
Global investment firm EQT has agreed to acquire the majority of Spanish online real estate classifieds platform provider idealista from (funds advised by) Apax Partners and its management for a whopping €1.3 billion. Apax bought idealista in 2015 at a reported €150 million valuation. EQT’s IX fund will have a majority ownership, but idealista’s management […]
One Peak Partners, a London, UK-based tech investment firm, is announcing today that it has closed its second growth fund at its hard cap of €443 million, taking the firm’s assets under management to approximately €700 million in total. One Peak was founded by Humbert de Liedekerke and David Klein in 2014, and is primarily […]
This week, we talk about some of the biggest stories in European tech, like the EU’s new investigations into some of Apple’s practices and Wirecard’s missing billions. Later in the show, you’ll hear an interview with Moray Wright, CEO of Parkwalk Advisors, one of the UK’s leading growth fund managers.