Newfund has invested €1.5m in French telecommunications business Invoxia.
The new investment will support Invoxia in expanding globally. The founders of the company will remain majority shareholders. Company Invoxia is a French provider of telecommunications equipment,...
Other participating investors included Bayern Kapital and High-Tech Gründerfonds
New recruit will provide financial due diligence to PE houses and other investors
Backers include Italian VC firms P101 and 360 Capital Partners, and angel investor Mike Brennen
New vehicle has received the backing of two LPs including Legal & General