

Balnord plans to invest in at least 22 companies out of its Fund I, with initial cheque sizes ranging from €500,000 to €3 million.

The new fund will invest in around 30 impact-driven companies tackling climate and social challenges, bringing Rubio’s total assets under management to €220 million.

Amsterdam-based TIN Capital secured a €20 million investment from the European Investment Fund (EIF), bringing its European Cyber Tech Fund V to a final closing of over €80 million.

The funding round saw support from Venture Kick.

The €1.12 million funding round came from a loan provided by the national development bank ILTE.

Balnord plans to invest in at least 22 companies out of its Fund I, with initial cheque sizes ranging from €500,000 to €3 million.