Joy Laoun
News Editor, Vestbee
SIVentures II Fund saw support from a diverse range of German investors, including companies, banks, family offices, entrepreneurs, and funds of funds.
The fund saw support from 100+ Italian founders; new investors remain undisclosed.
The £100 million will fund Cambridge spinouts by supporting their development, commercialisation, and growth through investment and the Entrepreneur in Residence programme.
The fresh round saw support from existing angel investors.
SIVentures II Fund saw support from a diverse range of German investors, including companies, banks, family offices, entrepreneurs, and funds of funds.
Destinus Group has acquired Daedalean in a transaction valued at $225 million. The deal includes a combination of cash and stock.