Radar > 243152

ICF Capital partners with KFund to invest in technology startups

ICF Capital se alía con KFund para invertir en startups tecnológicas

Intel ID : 243152
Synopsis

ICF Capital, a Spain-based state-owned financial entity, announced a partnership with KFund, a Madrid, Spain-based venture capital firm, with the aim of investing in technology startups, reported Expansión on 5 December 2016.

Under the partnership, ICF is committed to injecting EUR 2m into the fund for startups in the digital sector.

Meanwhile, ICF Capital invested EUR 19m in funds, with which it estimates a 12% raise of its investment in this type of vehicle.
(content in spanish)

ICF Capital, entidad financiera estatal española, ha anunciado una alianza con KFund, firma de venture capital con sede en Madrid, con el objetivo de invertir en startups tecnológicas, según ha informado Expansión el 5 de diciembre de 2016.

La alianza de Ide las dos compañías se traduciría en el compromiso del ICF de inyectar EUR 2m en el fondo para startups del sector digital y tecnológico.

Por su parte, ICF Capital ha invertido EUR 19m en fondos, con lo que estima elevar un 12% su inversión en este tipo de vehículos.

Bidder


Intel ID 243152
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Native Currency Euro (EUR)
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Bidder

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.09 Private Equity
25 Financial Services / 25.01 Banking & Investment

Secondary Sectors (TTRSC)
25.01.10 Venture Capital
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Bidder

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.10 Venture Capital
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

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potential Potential: Unconfirmed as a party to an active or possible transaction.

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