European Deeptech startups get another shot in the arm this week in the shape of IQ Capital’s new $200m venture fund. The new fund takes its assets under management to more than $1bn.
The London and Cambridge, UK-based deep tech VC has closed its fourth Venture Fund at that amount, while also launching its second $200m Growth Fund to provide later-stage funding, primarily in its venture portfolio. The means the VC will be able to deploy capital across more funding stages.
Since its foundation in Cambridge in 2007, IQ Capital has invested in over 100 deep tech startups such as Thought Machine
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