Belgian-based investment company, Groupe BEI (Banque européenne d’investissement) , has launched a new fund-of-funds to provide investment support to technology start-ups that are looking to expand their operations. The initiative aims to help start-ups bridge the funding gap that often exists between early-stage financing and larger investment rounds.
Partnering with leading investment firms
To support this initiative, Groupe BEI has partnered with several leading investment firms, including PMV (Participatiemaatschappij Vlaanderen), BNP Paribas Fortis Private Equity, and Volta Ventures. Through this collaboration, the fund-of-funds will be able to offer financing, expertise, and networking opportunities to technology start-ups.
Investing in innovative solutions
The fund-of-funds will invest in innovative companies that are active in various sectors, such as information technology, life sciences, and advanced manufacturing. These start-ups are expected to have strong growth potential and should already have secured financing from venture capital funds.
Enabling start-ups to take the next step
Groupe BEI’s fund-of-funds will provide start-ups with the necessary resources to take their business to the next level. This includes access to capital, as well as mentorship and guidance from experienced professionals. By offering this support, the initiative aims to enable start-ups to accelerate their growth and expand their reach in the market.
The importance of supporting technology start-ups
In recent years, the technology sector has become a significant driver of economic growth and innovation. However, many start-ups in this industry struggle to secure the necessary funding to scale up their operations and bring their solutions to the market. This fund-of-funds is a crucial step in addressing this issue and helping technology start-ups succeed.
Groupe BEI’s new fund-of-funds will play a vital role in supporting technology start-ups and driving innovation in various sectors. By providing access to financing, expertise, and networking opportunities, the initiative will help start-ups take the next step and achieve their full potential.
This communication is for informative purpose only. Damalion experts support corporations and institutions to setup their investment funds in Luxembourg first. We also assist them to identify co-investors in the private equity, venture capital industry and more. Please contact your Damalion experts now.
