Amadeus Capital, a Cambridge-based tech investor, has announced the first closing of its fourth early stage fund at £33.2m ($54m).

The fund will be used to invest in a number of high-growth ICT-related sectors and technologies, such as big data analytics, cloud computing, cyber security, the internet of things, medtech, and digital healthcare.

The fund is an enterprise capital fund (ECF) – Amadeus’ second such fund – and is supported by the British Business Bank, a UK government project with…

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