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Isomer Capital's new fund to invest in tech companies in UK, Europe

Wed, 16th Jun 2021 07:27

STOCKHOLM, June 16 (Reuters) - Isomer Capital, the venture
capital firm which has backed companies such as Deliveroo and
Darktrace, on Wednesday closed a new 100 million euro ($121
million) fund along with UK-government owned British Business
Investments.

The firm will co-invest in about 20 early-growth technology
companies in the UK and Europe.

As a fund of funds, Isomer Capital has invested in 40
early-stage venture funds across Europe, and has exposure to 10
unicorns with four European technology companies going public.
($1 = 0.8247 euros)
(Reporting by Supantha Mukherjee, European Technology &
Telecoms Correspondent, based in Stockholm; editing by Jason
Neely)

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