The French minister for SMEs, trade and craft industry Renaud Dutreil, has certified 13 additional business angel networks (BANs), including Lyon Angels, Ouest Angels and Invest Y. Certified BANs receive a grant, worth a maximum of EUR 100,000 over three years.
Vehicle is expected to hold a final close in March 2020, Unquote understands
Merger of German and Dutch peers will result in a client base of 3,500 companies
Fund's predecessor, BlackFin Financial Services Fund II, closed on €400m in 2016
GP will support the Munich-based software company's growth by broadening its product offering