Here are all the new funds launched in July 2024 to invest in Europe
Summary
This July 2024, several prominent European venture capitalists launched new funds, aiming to invest in the next generation of innovative startups across various industries, from technology to healthcare, providing crucial support to companies in various stages. The fund meets the Article 8 classification (‘light green’) under the European Sustainable Finance Disclosure Regulation, promoting positive environmental and social characteristics while ensuring good governance in the invested companies. Specifically, the EIF will invest €20M through the InvestEU program, the ICO will allocate €10M through AXIS, and several Spanish family offices and foreign investors, such as the Daniel and Nina Carasso Foundation, will contribute € 5 M. The fund aims to reach €70M. The fund has a special focus on Portugal and Southern Europe, where the exceptional quality of biomedical research, following large public investments, has generated a wealth of technologies ready to be spun out into new ventures. The Bulgarian VC will use the capital to invest in founders from Rising Southeastern Europe – a region home to outstanding tech talent and an increasing number of global success stories in recent years.
Funding
Review available funding amount, funding date, investors, and linked company information related to Here are all the new funds launched in July 2024 to invest in Europe in the interactive ISVWorld profile.