Cisco, Nokia Back Partech’s Latest $312 Million EU Venture Fund

  • Depite Brexit, “environment is extremely favorable’ for VCs
  • Scouting for e-commerce, fintech, connected objects startups

In a further signal that Brexit hasn’t dampened appetite for tech startup investments, venture capital group Partech Ventures has raised a new 280 million-euro ($312 million) fund to back such companies in Europe -- and thinks it can grow the fund to 350 million euros by the end of the year.

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