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RE: LeoThread 2024-08-27 04:13

in LeoFinance • last month

Science-heavy Swiss VC firm Redalpine raises fresh $200M fund for early-stage investments

Many VC funds, especially recent vintages, have failed to return money to their investors.

Many VC funds, especially recent vintages, have failed to return money to their investors. Swiss VC firm Redalpine is one exception, and this largely explains why its newly announced $200 million seventh early-stage fund was oversubscribed, according to the firm.

Redalpine Capital VII, or RAC VII, is already well under way to back 15 to 20 European early-stage companies, with nine investments so far, including German nuclear startup Proxima Fusion.

#newsonleo #funding #technology

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    It is likely that the lion's share of these startups will be unprofitable, it will be good if some of them recoup their investments. !BEER

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      View or trade BEER.


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