PPM Oost invests in BAT II

PPM Oost has commited an undisclosed sum to Business Angels Technostarters II (BAT II), a new vehicle seeking to make seed investments in Eastern Netherlands. The fund has EUR3m for investments and plans to carry out six transactions over the next six years.

This is the second fund being raised by a group of informal investors. The first fund BAT I raised in 2005 with the support of Regeling Seed Capital Technostarters.

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