Europe-wide venture firm Speedinvest has now assembled $225m for its latest fund, also backed by Université PSL and targeting pre-seed and seed investments.
KPN Ventures, the corporate venturing arm of telecommunications company KPN, has contributed to the €190m ($225m) third fund for Austria-based venture capital firm Speedinvest.
The list of limited partners for the vehicle also features PSL Innovation Fund, a Université PSL-aligned vehicle managed by VC firm Elaia Partners, along with IQ Capital and Armilar Venture Partners.
Founded in 2011, Speedinvest invests across Europe in early-stage companies in multiple sectors. The latest fund will focus on pre-seed and seed-stage deals,…