Nordic Foodtech hits €40m first closing of second fund

Nordic FoodTech VC hits halfway in €80m-targeting Fund II raise

Early-stage investor Nordic Foodtech VC has reached the halfway mark for its sophomore fundraise by reaching a €40m first close. The post Nordic FoodTech VC hits halfway in €80m-targeting Fund II raise appeared first on AltAssets Private Equity News.

Nordic Foodtech hits €40m first closing of second fund

Nordic Foodtech VC has announced the first closing of its second fund at €40m, with the final target size for the fund set at €80m. The...

Nordic Foodtech VC announces first close of second fund at $45m: ‘We're not hunting for unicorns'

Early-stage investor Nordic Foodtech VC has announced the first close of its second fund at €40m ($45.2 million). The final target size for the fund is €80 million ($90.4 million). The fund, which is backed by institutional investors such as Tesi and Elo Mutual Pension Insurance Company, and food industry stakeholders such as Valio Pension Fund and Heino Group, will cut checks of between €500k ($572k) and €2 million ($2.3 million) with a signifi…

Nordic Foodtech VC announces €40M first close of €80M fund

Helsinki-based  Nordic Foodtech VC, an early-stage investor, announced the first closing of its second fund at €40M. The final target size for the fund is €80M. The second fund is backed by institutional investors such as Tesi and Elo Mutual Pension Insurance Company, and by food industry stakeholders such as Valio Pension Fund and Heino Group. Additionally, the Finnish VC will continue to lead the early seed and pre-seed rounds in the Nordics a…