Dutch corporates KPN and ING have contributed to the first fund to be raised by newly launched European venture firm Keen Venture Partners.
UK-based venture capital firm Keen Venture Partners launched today announcing a €90m ($100m) fund backed by financial services firm ING Netherlands and KPN Ventures, the corporate venturing subsidiary of telecommunications firm KPN.
Keen also signed up European Union agency the European Investment Fund (EIF), the EIF-backed Dutch Venture Initiative, Netherlands Ministry of Economic Affairs and Netherlands state-owned investment firms Participatiemaatschappij Oost Nederland and Brabantse Ontwikkelings Maatschappij.
The firm operates offices in London and Amsterdam, and expects a final close of…