Home » General World News » One of the UK’s biggest venture capital firms has bucked a Brexit trend and raised a new $375 million fund

One of the UK’s biggest venture capital firms has bucked a Brexit trend and raised a new $375 million fund





Bernard Liautaud of Balderton Capital

  • UK venture capital firm Balderton Capital has raised $375 million (£281 million) for its sixth fund to invest in Series A startups in Europe.
  • A source said the firm has successfully secured backing from the European Investment Fund — a major coup after the fund stopped investing in the UK after the Brexit vote.
  • Balderton plans to invest more in France and continental Europe with its new fund and has made 10 investments already.
  • Managing partner Bernard Liautaud said the UK’s future as a tech hub remains up in the air.

One of the UK’s biggest venture capital firms, Balderton Capital, has raised a read more >>>

Source:: BusinessInsider.Com

Comments are closed.