EIF announces an investment in 360 Capital One, a multi-country technology venture capital fund with a size of around EUR 100m.
360 Capital One will invest mainly in Italy and France and will take equity stakes in innovation-driven small and medium-sized companies (SME) which are at seed/early stage of development. The fund’s sector focus will cover automation, financial services, internet opportunities, ICT and retail industries.
This investment was made under the European Commission Competitiveness and Innovation Framework Programme (CIP-GIF1). GIF1 aims to help SMEs with their establishment or early stages of development.
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