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UK's Force Over Mass raises £90m for next generation of start-ups


It comes after a record year for UK tech investing
8 February 2021 • 6:00am
A London venture capital firm has raised €103m (£90m) for its new fund following a record-breaking year for Britain’s start-ups.
Force Over Mass, which has offices in the UK and Belgium, raised the funds to focus on financial technology and artificial intelligence start-ups.
The amounts raised by Europe’s venture capital investors, who back high-risk early stage start-ups with the hope of securing a profit, reached a new record last year. 
Figures from DealRoom showed European funds raised a total of €15.8bn, up from a previous record of €12.7bn in 2018. Other recent venture capital fund closes include Highland Europe, which secured £633m for its latest fund in December. ....

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