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Ananda Ventures Raises 50M to Invest in European Startups![]() German/British venture capital firm Ananda Ventures has raised 50 million (US$57.3 million) from European Investment Fund (EIF), UK-based Big Society Capital, BMW Foundation Herbert Quandt and a number of private, undisclosed investors with a view to investing in innovative European startups. In total, Ananda Ventures has now raised more than 80 million across three funds, and has invested in more than 20 European startups. Among those to have received investment from Ananda include Arbor, which helps schools make use of the data they generate; Talea, which provides next-gen home-based care for the elderly; Little Bird, for registering childcare slots in municipalities; Repositive, an ethical and unique platform for secure transfer of human genomic data; and ResQ Club, for restaurants to sell excess meals to consumers. Ananda was founded by Managing Partner Florian Erber and Johannes Weber in 2010 to invest in high-potential European startups and help to scale these companies sustainably, growing them into stable technology companies. Phil Oakley, Site Editor, TechX365 |
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