Inveready Launches ICT Fund, Closes €50m Biotech Vehicle
Source: unquote.com
- Inveready launches a new fund focused on information and communication technology investments.
- The firm also closes its biotech investment vehicle at €50m.
- This move expands Inveready's portfolio into high-growth tech sectors across Southern Europe.
Inveready, a Spanish venture capital firm, has launched a new fund targeting ICT companies and closed its biotech fund. The ICT fund aims to invest in innovative tech startups, while the biotech closure marks the end of a successful fundraising cycle. This matters to investors and entrepreneurs in Southern Europe as it signals fresh capital for tech innovation amid rising demand for digital solutions.