redalpine Closes $250 Million RAC VIII Fund to Back European AI and Science Startups
· unite.ai · popularity 16/100 · 0 similar stories today · Cybersecurity (Technology & Consumer Electronics)
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Summary
redalpine has closed its latest early-stage venture fund, redalpine capital VIII (RAC VIII), at $250 million, giving the European investor fresh capital to back companies combining software with scientific advances. The oversubscribed fund will target around 20 companies across Europe, primarily leading Seed and Series A rounds with initial investments of $1 million to $15 million. The close comes as the firm marks 20 years in business and takes its assets under management above $1.4 billion…
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