Uni.Fund II closed at €50M
Uni.Fund II closed at €50M
  Investments  |  Listed  |  Fin Tech  |  Economy  |  Europe

Uni.Fund II closed at €50M

The amount of the initial investment varies between 200,000 and 1.5 million euros.
RE+D magazine
06.07.2023

The first close of Uni.Fund II at 50 million euros with the aim of investing in c.20 technology companies, startups and spin-offs, from Greece and Europe, Uni.Fund was announced.

As noted in an announcement, the fund follows the strategy of Uni.Fund I, investing in pre-seed, seed and late-seed/series A stages. It is recalled that the investors of Uni.Fund II include the Hellenic Development Investment Bank, the European Investment Fund and a large number of companies and private investors, with strategic roles in the Greek entrepreneurship and innovation ecosystem and supporters of Uni.Fund I.

As highlighted, with the second fund, the management team of Uni.Fund continues to invest in ambitious founders of innovative technology companies that are in pre-seed, seed and early Series A stage. In addition, in addition to investments in technology startups, there is interest in spin-off companies with products that are the subject of commercial exploitation of research by universities and research institutions.

The amount of the initial investment varies between 200,000 and 1.5 million euros, while the investment strategy also includes follow-on investments in companies that show commercial success.

It is been reminded that Uni.Fund I was launched in 2018 with the support of EquiFund and private investors and has completed investments in 23 companies, which have sales in over 60 countries. The founding partners are Katerina Pramatari, Konstantinos Lavkas, Panos Lioulias, Stelios Iliakis and Sotiris Papantonopoulos-Mantopoulos. Dora Trahana and Giorgos Saperas are added to the initial group of partners, who participated in the management team from the beginning of Uni.Fund I and were responsible for a significant part of the fund's operations.