Daily funding roundup - February 10, 2016

Mitos Suson · February 10, 2016 · Short URL: https://vator.tv/n/4333
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Latch picked up $10.5M; Hexadite raised $8M; SchoolMint secured $5.6M funding

VC's Raising Funds

  • Karma Ventures announced the first closing and launch of a €40 million, Luxembourg-domiciled fund targeted at early stage investment in the most promising startups in Europe. The fund will be managed by seasoned investors Margus Uudam, Tommi Uhari and Kristjan Laanemaa. Margus Uudam and Kristjan Laanemaa previously worked together managing Ambient Sound Investments’ global portfolio, and are joined by Tommi Uhari to form the three founding partners of Karma Ventures. The key investors in the new Karma Ventures fund are Ambient Sound Investments and the Baltic Innovation Fund, an initiative created by cooperation between the Republic of Estonia, the Republic of Latvia, the Republic of Lithuania and the European Investment Fund (EIF). A number of pension funds and family offices have also joined the fund. The fund is targeting its second funding close by the end of 2016.

If you are interested in being included in our funding roundup, submit your press release or blog post about your financing round to mitos@vator.tv. 

Image source: articles.glofin.com

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Mitos Suson

I am currently affiliated with Vator. I co-produce the Vator Events and enjoy the challenge. I am learning and growing a lot, being involved with Vator and I love it!

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