German VC unveils record-breaking €214M early-stage fund for deep tech

We know from reports earlier this year that VC investment is once more on the rise for European startups. And the wave of optimism seems to be continuing — at least for the continent’s deep tech sector.  Munich’s Vsquared Ventures today announced the closing of a new €214mn fund for early-stage investment in deep tech startups. It is reportedly the largest ever early-stage fund for the sector in Europe. The VC firm will divide its second fund between 25 deep tech companies across all of Europe, handing out between €500,000 and €5mn. It will also reserve some funds for follow-on…

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