London-based Octopus Ventures, which last year revealed it had a $91.3 million early stage fund, is today launching a new, separate, $140 million fund designed to providing growth capital to “successful fast-growing later-stage companies across Europe”.
The Octopus Zenith Opportunities II LP (“Octopus Opportunities fund”), will also provide much-needed follow-on investments into existing companies within the Octopus portfolio and invest between £250,000 and £25 million.
More details: Techcrunch.com