French venture capital firm Isai has held a first close on €90m for its third early-stage venture vehicle, Isai Venture III, towards a €120m hard-cap.
HTGF and Vogel Ventures have previously backed cash management software Inventorum
Early-stage round led by angel investor Steen Ulf Jensen
Deal marks the fifth add-on for the broadband network construction company since 2017
Alcedo V will target Italian companies with high-growth potential and an export-orientated approach