Noteus set up by former Eurazeo team to back start-ups as tech investment recovers
A group of investors has launched a new European venture capital firm seeking to raise at least €600mn to back local start-ups, as a recovery in funding for technology companies picks up after a two-year drought. The fund, Noteus, is led by a team that split off from French investment firm Eurazeo, and has invested more than €300mn into tech groups since its founding this year, according to a person familiar with the group.
Some Silicon Valley investors have also expanded to Europe, with Andreessen Horowitz and IVP opening offices in London last year.Noteus is led by chief executive Yann du Rusquec, who previously headed a team focused on later-stage start-up deals at Eurazeo that invested in some of Europe’s most highly valued start-ups, including electronics refurbisher Back Market and cloud data specialist Aiven.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Beautiful European capital named the world's most overcrowded tourist spotA new study has revealed the most crowded tourist destinations in the world, including the most overcrowded city where people spend hours waiting in queues
Read more »
European Masters: Alex Fitzpatrick leads brother Matt after opening roundEngland's Alex Fitzpatrick leads his brother and two-time winner Matt by three shots after the opening round of the European Masters at Crans-sur-Sierre.
Read more »
Football transfers latest and build-up to European actionThe latest football transfers news and gossip, plus build-up to Chelsea, Hearts and Kilmarnock in European action.
Read more »
Women’s Open: Charley Hull a rare European hope at St Andrews after Olympics frustrationBritain’s Charley Hull is a rare European hope for this week's AIG Women's Open at St Andrews after a nightmare start at the Olympics cost her a medal chance.
Read more »
Ice Spice Manchester date announced following European tour newsThe US rap star is coming back to the UK after a series of festival appearnces this summer
Read more »
North American Banks Boost Fossil Fuel Funding as European Lenders RetreatRegional banks in North America have increased their lending to the fossil fuel industry while European banks have retreated, driven by ESG concerns and state-level backlash against anti-fossil fuel policies.
Read more »