Turenne Capital Partenaires has held a first close after gathering €60m in commitments for its Emergence ETI fund.
Fund targets later-stage venture capital investments, mainly across the DACH region
Company will use the fresh capital for the roll-out and expansion of a new networking platform
VC is joined in the round by Quadia, Localglobe, Atlantic Food Labs, Ideo and Demand Analytics
Deal marks the first acquisition for the GP's latest vehicle, Alto Capital IV