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European VC Connect Ventures Launches With $22M Fund. Secret Sales Gets The First Helping: $487K

Make way for another VC firm in Europe: Today sees the launch of Connect Ventures, a new London based fund that will focus on seed and Series A stages in European tech companies. It’s kicking off with a €16 million ($22 million) fund, which will be dispersed in investments of between €250,000 and €1.25 million ($330k-$1.7m). Led by co-founders Pietro Bezza and Bill Earner, Connect Ventures will be focused on early stage companies in the consumer web, digital media, e-commerce, entertainment and gaming sectors. The first recipient of money from...

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Published By: Tech Crunch - Wednesday, 2 May, 2012