Yorkshire-based venture capital company Viking Fund has invested in Intelligentsia, a Sheffield software firm. Viking Fund has invested around £100,000 in Intelligentsia, alongside £60,000 from four members of the Viking Club – a group of high net worth private investors. Additional funding of £75,000 was also secured from three private investors, with significant industry contacts. This brings the total investment in Intelligentsia to £235,000.
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Fund complements PAI's existing large-cap strategy with the aim of targeting mid-sized companies across Europe
Fund invests in European digital platforms and marketplaces, targeting pre-seed and seed rounds
Management team is led by Chris Shaw who was appointed as chief executive in September 2017