Warsaw Stock Exchange subsidiary GPW Ventures has teamed up with Poland’s National Centre for Agricultural Support for a fund that will manage an initial $6.6m.
GPW Ventures, a corporate venturing subsidiary of the Warsaw Stock Exchange, signed an investment agreement with Poland’s National Centre for Agricultural Support (KOWR) yesterday.
The two have agreed to work together to invest in developers of technology that can support innovation in rural areas, renewable energy and the food and agricultural industries.
GPW Ventures will set up and run an investment fund dedicated to KOWR, which will be the sole investor. The KOWR Ventures Fund will manage zł25m ($6.6m) initially.
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