NBGI Ventures looking for €60m

NBGI Ventures is now in discussions with potential investors for further commitments up to a target fund size of €60m.

NBGI Ventures’ first fund, raised in 2001, has been invested in eight early stage technology companies primarily based in Europe and has achieved its first partial exit returning a gross IRR of more than 100%.

The new fund will adopt the same investment strategy focusing on early stage medical technology businesses based in Europe, investing between €1m and €9m per company.