The new fund will invest exclusively in early-stage technology start-ups, continuing the thesis of the first Early Game fund, with a focus on areas such as cybersecurity, developer tools, enterprise software, EGV said.
The funds from which EGV II will invest come from both institutional partners and individuals who also invested in the first EGV fund, as well as from new investors. The fund also got a EUR30 million investment from the Recovery Equity Fund, managed by the European Investment Fund and funded through the National Recovery and Resilience Plan under the Next Generation EU.
The approval for this investment came less than two months ago, at the end of February 2024.
(English version by Loredana Fratila-Cristescu)