Ada Ventures launches Fund II following €41M first close; plans to continue fixing deal-sourcing in VC

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Summary

London-based Ada Ventures, an early-stage venture capital firm, announced on Tuesday that it has reached a £36M (approximately €41M) first close of its second fund – Fund II. The investors in Ada Venture Fund II include the British Business Bank through its Enterprise Capital Funds programme, Plexo Capital, the University of Edinburgh, and a slew of entrepreneurs and investors like Taavet+Sten and the Supercell co-founders.

$ Funding

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Amount - Total raised
Date - Announcement date
Investors Ada Ventures Lead investors
Company - Funded company

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