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October 8, 2012 12:49 pm GMT
Tallinn-based tech accelerator Startup Wise Guys - yes, really - has struck a useful deal for the alumni companies that pass through its programme. It's secured a deal with a venture investor SmartCap, an Estonian based VC, where it will commit 1 million into SWG alumni companies that have a local presence. SmartCap invests along with independent co-investors on a 50-50% basis and often takes a role of the lead investor.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/oXbHOi0EGrk/
Estonian Accelerator Startup Wise Guys Secures 1M Deal For Alumni Teams
Tallinn-based tech accelerator Startup Wise Guys - yes, really - has struck a useful deal for the alumni companies that pass through its programme. It's secured a deal with a venture investor SmartCap, an Estonian based VC, where it will commit 1 million into SWG alumni companies that have a local presence. SmartCap invests along with independent co-investors on a 50-50% basis and often takes a role of the lead investor.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/oXbHOi0EGrk/
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