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July 31, 2013 04:10 pm GMT

As Earlybird Closes New 150m Fund, LPs Warm To European Tech Valuations

Enthusiasm-11The Berlin-based Earlybird Venture Capital has today announced the 150 million ($200 million) final closing of its fourth early stage technology investment fund. This will be geared towards European investments, from early to growth stage companies. The new fund brings the firm's total capital under management to 650 million ($800 million). The firm says its fourth fund was "oversubscribed" and included previously participating LPs from its previous fund and a small number of new investors.

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