Yahoo Autos 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 Amadeus’ co-founders Anne Glover and Hermann Hauser, who are joined by Apex partners Andreas Riegler and Wolfgang Neubert.
Amadeus Apex Technology Fund: Anne Glover (Amadeus), Andreas Riegler (APEX), Wolfgang Neubert (APEX), Hermann Hauser (Amadeus). Image Credits: Amadeus Apex Technology Fund
