Cathay Capital has closed its Midcap II fund, dedicated to supporting the international expansion of mid-market companies in Europe, China and North America, on €800m.
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