PolyTechnos defies fundraising gloom with €130m closing

PolyTechnos Venture-Partners, a German venture capital firm, has raised one of the largest high-tech investment funds in Germany in the last year, giving a boost to an industry struggling to keep afloat.

PolyTechnos raised €130m ($140m), beating TVM Techno Venture Management, a German-US technology venture firm, which closed its fund at €128m last October. Both firms were below original target level: PolyTechnos planned to raise €150m to €180m when it started a year ago, and TVM missed its target of €250m.

WSJ Logo
Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire