Aldea Ventures has has held a EUR60 million first close of a target EUR100 million fund to invest in 700 technology-enabled startups across Europe.
The Pan-European fund’s vision is to invest in cutting-edge technologies and industries, and support growth across Europe, connecting VC talent and startup ecosystems across entrepreneurial hubs. The diverse portfolio will also provide the firm with deep knowledge and insights across the European tech landscape. The fund is expected to reach a final close of EUR100 million later this year.
Aldea Ventures will be present in over 18 hubs around Europe via its fund of funds programme. The firm has already made investments into six micro VCs; Air Street Capital and Moonfire in London; Helloworld in Luxembourg; Inventures in Munich; Mustard Seed Maze in Lisbon; and Nina Capital in Barcelona.
Read more at: Private Equity Wire
