European VC firms Amadeus and Apex partner for €80m early-stage ‘deep tech’ fund

U.K.-based Amadeus Capital Partners and Austria’s Apex Ventures are pooling their collective venture capital (VC) resources for a new fund specifically targeted at early-stage deep tech startups. 
The duo have raised an initial €28 million ($30 million) for the Amadeus Apex Technology Fund, with plans to close it out at €80 million ($85 million). The fund has already made its first investment, too, participating in a hitherto undisclosed second-closing of German space startup Okapi-Orbits’s seed funding round to the tune of $1 million.
The fund’s core investment team includes Amade

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