Blossom Capital´s `Cultivate´ is an angel program seeking to back European unicorn alumnus
(WorldNews Europe)

Just a few months after closing a new $185 million fund to continue backing early-stage European startups, Blossom Capital, the VC firm founded by Ophelia Brown, is announcing a new angel investment program seeking to back European unicorn alumnus. Dubbed “Cultivate,� the new program looks to create a 30-strong angel network made up of founders or operators from European unicorns or those with a European HQ, who will be tasked with backing alumni starting up. This idea is to act as a catalyst for a more robust angel ecosystem in Europe, and in turn trigger a virtuous cycle as employees inevitably leave successful companies to hopefully build the...