Venture
ITALY - Montezemolo launches EUR 350m second fund
Montezemolo & Partners SGR has launched its second private equity fund, Charme II, which is targeting EUR 350m.
HUNGARY - Launch of EUR 100m SME fund for CEE
ELAN SBI Capital Partners, an arm of Japanese financial services business SBI, and MFB Invest, the investment banking arm of the Hungarian Development Bank, have launched SBI Europe Fund, a EUR 100m vehicle designed to invest in small- and medium-sized...
UK - Cambridge Discovery Fund raises £1m
The new University of Cambridge Discovery Fund, designed to provide researchers with pre-licence, pre-seed or seed funding for high-tech ventures, has raised ТЃ1m of its ТЃ5m target.
EUROPE - Skype founders to raise new venture fund
According to reports, Atominco Ventures, the investment vehicle of Skype co-founders Niklas ZennstrУЖm and Janus Friis, is raising a new USD 266m fund.
CIS - EBRD may back Dragon's Virgin Fund
The European Bank for Reconstruction & Development (EBRD), the largest investor in Central & Eastern Europe, may invest up to $30m in the Europe Virgin Fund, a vehicle sponsored by Dragon Capital to invest in FMCG, retail, industrials, telecom, media,...
NORWAY - Energy Ventures secures NOK 85m for top-up fund
Norwegian venture capital firm Energy Ventures has raised NOK 85m for a top-up fund for its Energy Ventures II KS fund.
DACH – Target Partners II holds final close on EUR 113m
Venture firm Target Partners has conducted the final close of Target Partners Fund II on EUR 113m.
UK - Finance Wales et al. launch £150m fund
Finance Wales plc, the Welsh Assembly Government and the European Investment Bank have launched a new ТЃ150m commercial investment fund to support the growth of businesses in Wales.
UK- Octopus, Aberdeen chosen to manage govt-backed CFE funds
Octopus Investments and Aberdeen Asset Managers have been chosen to each manage a ТЃ30m government-backed Capital for Enterprise fund (CFE).
UK- Longbow Capital launches venture fund for Sipp investors
Healthcare venture specialist Longbow Capital has launched a venture fund designed for self-invested personal pension (Sipp) holders.
GLOBAL - Google launches $100m venture fund
Search engine Google has set up Google Ventures, a $100m venture capital fund designed to invest in early-stage companies.
ITALY - Quantica's second fund closes on EUR 65m
Italian venture firm Quantica has closed its second fund, Principia II, on EUR 65m, surpassing its target of EUR 20-40m.
NETHERLANDS - Robeco to launch cleantech fund
It is understood that Dutch private bank Robeco has teamed up with Chinese company TEDA International Corp to launch Robeco TEDA Sustainable Private Equity Fund, a new vehicle focusing on cleantech and related products.
GERMANY - Merck launches strategic venture capital fund
Merck KGaA has launched Merck Serono Ventures, a venture capital fund designed to invest in biotech start-up companies in the company's core therapeutic areas.
SPAIN - Eland to raise third fund
Eland Private Equity has launched Eland Energías Renovables III, a EUR 30m fund to invest in projects in the renewable energy sector.
UK - Oxford Capital launches 'approved' EIS fund
Oxford Capial has launched its second Enterprise Investment Scheme (EIS) fund, Oxford Gateway Approved Fund, which will invest in early and development stage companies in the healtcare, sustainability and communications sectors.