Owners
History
2014: Start of fund of 100 million euros
In August, 2014 it became known that the German Bauer Media created Bauer Venture Partners venture fund of 100 million euros. In plans of the company — to enclose this amount of funds in European startups of different stages within the closest 10 years[1].
Bauer Venture Partners will make investments in technology startups, and the management promises not to concentrate at any separate stages of development. Both the companies only arising, and firms which need financing for scaling of their business can apply for a fund. Most of all the fund will be interested in the IT companies which work in the field of finance, media, health, SaaS and so forth.
As notes TechCrunch, the new fund is necessary for Bauer Media not only for increase in profit. Believe in the companies that the financed companies and their technological solutions can be useful to other divisions of holding.
"New technologies, development teams and innovations in the field of digital will become available to us" — Andreas Schoo, the board member of Bauer Media said.
Notes
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