42CAP, a Munich-based VC firm, has closed its second €50 million seed fund. The investors in the fund include the European Investment Fund (EIF), the German Kreditanstalt für Wiederaufbau (KfW Capital), Isomer Capital, as well as other private investors and business angels. Closing of the new fund will allow the firm to “lead seed investments […]
GP Bullhound, the technology advisory and investment firm born (and still very active) in Europe, has announced the final close of its latest tech fund at 113 million euros to continue backing companies with traction in the software, marketplace, fintech and entertainment sectors. The firm, which was founded back in 1999 and has invested in […]
Editor’s note: This exclusive article from CTech (Meir Orbach) was syndicated with permission. Israel-based venture capital fund Viola Growth, of the Viola Group, is raising a third fund. According to documents filed with the U.S Securities and Exchange Commission in April, the fund has already raised $40 million in commitments, but several people familiar with […]
This week, Natalie Novick and Andrii Degeler discussed the new alliance of German publishers to fight Facebook and Google, the rise of mergers and partnerships across the continent, the importance of VC branding, enthusiasm for tech, and much more. We’ve also prepared an interview with Samsung NEXT’s Christina Bechhold Russ.
Venture capital firm Accel has raised a $575 million fund, its sixth to be invested in early-stage companies across Europe and Israel, and its biggest to date. Accel, which set up shop in London back in 2000, has backed the likes of Spotify, BlaBlaCar, Monzo, UiPath, Deliveroo, Prezi, Supercell, Funding Circle and Rovio, so it’s […]
Invest Europe, the association that aims to represent European private equity and VC with over 1,400 member firms, has released a free report (PDF) on the private capital deployment activity it tracked in 2018. According to the organisation, private equity investment in Europe has hit a new record, increasing 7 percent year-over-year to reach €80.6 […]
Gyula Fehér, the founder of the video streaming startup Ustream that was acquired by IBM and subsequently renamed to IBM Cloud Video, has left the corporation to launch a new VC firm, Oktogon Ventures. The new company is co-founded by Veronika Pistyur, the CEO of a Hungarian entrepreneurs community Bridge Budapest, Forbes reports. Oktogon has […]