Venture
NORWAY – Viking Venture III closed on NOK 500m
Viking Venture III has closed on NOK 505m. Investors in the fund include, Argentum, Formuesforvaltning, Gjensidige Forsikring, Jebsen Asset Management and DnB Nor.
GERMANY - Target Partners announces first closing of Fund II on EUR 61.5m
Target Partners, a Munich-based venture capital firm, today announced the first closing of its new fund, Target Partners Fund II, on EUR 61.5m. Private individuals, family offices and institutional investors made commitments, including Morgan Stanley,...
UK - TLcom Capital reaches first close of second fund on EUR 50m
TLcom Capital has reached the first close of its second fund with the backing of IDeA, European Investment Fund, Access Capital Partners and Finlombarda. London-based venture investor TLcom's new fund, TLcom II, held a first close on EUR 50m and is targeting...
ITALY - TTVenture fund launched by banking foundations
TTVenture a new closed fund dedicated to the transfer of technological research to companies has been launched by banking institutions. The vehicle is reported to have so far raised EUR 60m.
SWEDEN - STING Capital closes new seed fund on SEK85m
STING Capital (Stockholm Innovation & Growth) has held a second and final close on SEK 85m for a new seed fund.
UK - New music EIS fund seeks to raise £10m
Power Amp Music is seeking to raise £10m as an approved investment fund under the Enterprise Investment Scheme (EIS). The new vehicle, Power Amp Music Fund, will invest in a diversified portfolio of UK music talent, capitalising on the rapidly changing...
NORWAY - Energy Ventures closes new fund on NOK 1.3bn
Energy Ventures has closed its third fund, Energy Ventures III, on NOK 1.34bn. ($243m). The new vehicle will invest in petroleum-related technology companies.
FINLAND - Inventure holds first close on EUR 35m for new early-stage fund
Inventure Fund KY, a venture fund focusing on early-stage technology deals, investing in the Nordic countries and primarily in Finland, has held a first close on EUR 35m.