New investment vehicle seeded with €410M of public money aims to attract pension funds and sovereign wealth funds to back early-stage companies and help them reach €1B ‘unicorn’ status in Europe
Small and growing companies will enjoy better access to finance on the back of new EU rules agreed as part of the Commission's drive to stimulate venture capital investment
Imperial Innovations and the European Investment Fund are each to put £24.75M into the University College London fund UK, which will be managed by the VC firm Albion Ventures
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