22.12.2020
This European VC wants to invest £75M in software startups from Central & Eastern Europe, Israel, Baltics, Finland and CIS
Many believe that technology companies across the world have great potential to drive future business transformation and long-term value. And Flashpoint Venture Capital is one among them.
Against all odds, the year 2020 has been a record year of investments in the tech space. According to a report by Atomico, European VC is standing on its own feet, continuing its outperformance versus other key indices, and reducing its dependence on government agency funding.
Now another leading international technology investment firm with its roots from Budapest, that specifically backs companies founded by management teams in Central and Eastern Europe, Israel, the Baltics, Finland and the CIS, has now announced the 1st close of its third VC fund targeting $100 million (£75 million approximately).