Balderton Capital completes US$375m European tech fund
London
BALDERTON Capital has closed to new investors a new, US$375 million fund dedicated to European technology start-ups, marking one of the year's largest such capital raisings in the region, the company said on Monday.
Known for backing the original start-ups behind companies such as Betfair and Yoox Net-a-Porter, the London-based firm expects to make between 30 and 35 investments with the new fund, managing partner Bernard Liautaud said in an interview ahead of the announcement.
Balderton has already made 10 investments with the …
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