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 Series B round came from the Cystic Fibrosis Foundation and the German Federal Agency for Breakthrough Innovation (SPRIN-D).
Tether Ventures leads Bit2Me’s €30 million investment round, joined by strategic investors including Telefónica, Unicaja, and Investcorp.
The $2.5 million pre-seed round saw support from Frontline Ventures and BrightCap Ventures.