A tiny bit more VC money sloshing around Europe. This time it’s the turn of Greece-based VC fund VentureFriends, which is announcing the final closing of a €20 million fund to invest in Greek software and “high tech” startups at the seed stage. The two Partners of the fund are Apostolos Apostolakis and George Dimopoulos, with Stefanos Katsimpas also acting as a senior Associate.
Over half the money was raised last year and I’m told VentureFriends has already done about 20 investments, but is keen to get the word out that Greek entrepreneurs have another investor to approach. Interestingly, unlike a lot of local European VCs, the firm’s 40 or so LPs…