EUR 130 million early-stage fund for tech startups in Europe, North America and Israel

Anca Alexe 23/01/2019 | 10:31

Axa Venture Partners (AVP) has raised a new early-stage fund worth EUR 130 million vto finance technology startups in Europe, North America and Israel, according to startupcafe.ro.

AVP Early Stage II will focus on investments in high tech companies, especially in the fintech and digital health sectors.

Early-stage financing can reach USD 6 million for each startup.

This is the company’s second venture capital fund after AVP Early Stage 1, started in 2013, was successful.  One of the startups financed in the first edition was Hackajob, founded by a Romanian entrepreneur in London, together with two other associates.

AVP has shares worth USD 600 million in various technology companies. The firm has offices in Paris, London, San Francisco and New York.

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