The corporate venturing fund's London-based office will invest throughout Europe from a $100m base that could be heightened in future.
Internet company Google formally launched its European corporate venturing unit today, and revealed it will have an initial $100m in funds from which to invest.
Formed in 2009, Google Ventures has so far invested chiefly in US-based startups from its Californian head office and three satellite offices elsewhere in the US. The new office, which will be based in London, will enable it to target companies throughout the European technology sector.
”As we look out around the world, we realise…
