BackingMinds raises new €50 million fund to fund normally overlooked entrepreneurs

Denmark-based venture fund BackingMinds, founded in 2016, likes to think it takes a different approach to venture in Europe. Its new €50 million fund will aim to take a road less travelled by most VCs, looking “for the blind spots” traditional venture capital can often miss because of typical VC herd behaviour (such as investing in white men in major capital cities).
Instead, the new fund will look for companies with high potential outside of Europe’s capital cities and entrepreneurs often overlooked by traditional investors.
The investment range of the fund will be €500,000 to €3,000,00

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