New EUR2M fund launches for Dutch early-stage tech start-ups
A group of 6 business owners and angel financiers have actually revealed today the launch of their very first fund, intending to support Dutch early-stage tech start-ups.
Called the Dutch Operator Fund I, it has actually raised EUR2mn in capital. The quantity is offered by the group itself, in addition to a loan from the Seed Business Angel plan of the Netherlands Enterprise Agency (RVO).
Investments will vary in between EUR75K and EUR200K, with the possibility of follow-up financing.
The fund targets start-ups in the (pre-)seed stage. "There is a requirement for this in our nation, due to the fact that for lots of institutional financiers, buying this phase is frequently 'too early,'" stated Geert-Jan Smits, among the fund's creators.
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