Udekta Capital is a new venture capital fund for companies that are on MAB or plan to exit in less than two years. In addition to Udekta, IEBS has created its first fund and KKR has announced a new fund for technology companies, which has its sights set on Spain.
In the first half of November, new funds for the technology sector were announced and will come to the market in early 2017.
Axis, the venture capital company of the ICO Group, has resolved the sixth call of FOND-ICO Global with the selection of four funds, in which it will invest €71M. These funds will invest around €280 million in Spain, which is almost 4 times the amount that FOND-ICO Global will invest. Given the great reception of this call, a new call is expected to be launched before the summer. According to the planned investment plan, new fund selection calls will continue to be launched depending on the market situation.
Abac, with €230M, has raised the largest fund in Southern Europe for a start-up fund manager and UC has raised a fund for SMEs that have the potential to grow in Asia, especially in India. Abac raises a €320M fund from foreign investors to invest in...