EU launches venture capital mega-fund to attract heavy-hitting investors

Six venture capital funds will share the task of raising €2.1 billion of private investment for European companies.

Heavy-hitting institutional investors will soon have their chance to back European technology innovation, according to fund managers involved in Europe’s new €410 million venture capital fund of funds. VentureEU is the pan-European venture capital (VC) fund of funds programme which debuted on 10 April. Six VC funds are set to share in EU seed funding … Read more