Capital A Partners has secured electronics technology producer Universal Electronics as a limited partner for a fund intended to close at $60m.
Remote control and sensor technology manufacturer Universal Electronics has committed an undisclosed amount to a fund being raised by Sweden-based venture capital firm Capital A Partners with a $60m targeted close.
Capital A expects the fund to reach an initial close during the first half of 2018 and has also received commitments from undisclosed additional investors.
The fund will invest in internet-of-things (IoT), mobility, human-computer-interface technology developers based in the Nordics region, in addition to nanotechnology, security layer and advanced…
