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European VC firm Octopus Ventures launches £83M growth fund

European VC firm Octopus Ventures launches £83M growth fund

5 years ago
Anonymous $syBn1NGQOq

https://techcrunch.com/2019/04/08/octopus-ventures-growth-fund/

Octopus Ventures, the European venture capital firm that’s part of Octopus Group, is launching an £83 million growth fund to further invest in its most promising portfolio companies.

The new fund, which is backed by a number of undisclosed institutional investors rather than individual investors, brings the total Octopus Ventures’ various funds has under management to over £1 billion. Taken as a whole, it also means the VC firm now invests between £250,000 and £20 million in startups at various stages of growth.