Nesta Investment Management, a subsidiary of innovation foundation Nesta, has launched a £25m impact investment fund, holding a first close on £17.5m.
Nesta will back companies seeking to address social challenges, primarily in the UK but with the potential to expand internationally, the VC told unquote". The fund has an eight-year investment period,...
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As part of the deal, the GP will acquire a majority stake in the Italian coffee machien maker
Deal marks Riverside's fifth buyout this year and its first in Germany in 2016
Latest round brings total funding received by company to €13.5m