Inveready launches €15m technology fund

Inveready Venture Finance will back technology firms generating revenues of more than €1m and that already count venture backers among their shareholders.

Investors
Nearly a third (30%) of investors in Inveready's previous fund have made capital commitments to the latest vehicle. The remaining capital has been provided by family offices and business angels.

Investments
The vehicle will back around 20 companies overall. Investments of €500,000–1m will be made in the form of equity and convertible loans.

People
Carlos Conti is a director at Inveready and will manage the fund.

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• Topics
• Southern Europe
• Venture
• Inveready First Capital
• Spain