The fund will partner with UnternehmerTUM, giving portfolio companies access to corporates, talent, and industrial resources.

The fresh capital came from investors including Charlie Songhurst, Patrick Collison, John Collison, Eric Schmidt, and Barney Hussey-Yeo.

The fund is backed by local entrepreneurs and angels from companies like Tesonet, Oberlo, and Kilo Health.

Angel One’s second $3 million fund is backed by seven LPs from different countries.

Meet Mapka, Hashgrid, Bothub Global, Soft Way, Legitize, Ultrasound Assistant, AgroDrone, and Trustpass in the latest series of Startups of the month.

The new fund will see the EIF commit €75 million, with each Baltic country providing €50 million.

The new Seaya Growth Tech Fund I saw support from the European Investment Fund (EIF), which contributed €300 million as the anchor investor.

After two years operating in stealth, the fund is now actively investing in science and engineering companies at the critical Series B and C stages to scale.