Cisco, Emory, Texas A&M, Back $140 Million European Tech Fund

  • Notion Capital to invest in software and cloud-computing
  • Closes additional $80 million fund for follow-on investments

The London skyline.

Photographer: Chris Ratcliffe/Bloomberg
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London venture capital firm Notion Capital has closed a new $140 million fund to back European enterprise software and cloud-computing companies.

The firm also said it has raised a separate $80 million fund to make follow-on investments in existing portfolio companies, such as CurrencyCloud, a cross-border payments company, Moveguides, which assists human resources departments with employee relocations, and Triptease, which helps hotels increase direct bookings.