LAUNCHub Ventures heading towards a $85M fund for South Eastern European startups
(World News Cezch Republic)

LAUNCHub Ventures, an early-stage European VC which concentrates mainly on Central Eastern (CEE) and South-Eastern Europe (SEE), has completed the first closing of its new fund at €44 million ($53.5M), with an aspiration to reach a target size of €70 million. A final close is expected by Q2 2021. Its principal backer is the European Investment Fund, corporates and a number of Bulgarian tech founders and investors. With this new fund, LAUNCHub aims to invest in 25 startups...