Keen Venture Partners, a new VC firm operating out of London and Amsterdam, has announced the launch of its €90m inaugural tech investment fund.
Called Keen Venture Partners Fund LP, the fund will look to invest in between €5m to €10m per early stage tech company.
In Europe, the fund will focus on innovation hubs across the UK, Netherlands, Sweden and Germany. Additionally, it will also consider US-based tech companies looking to expand into Europe.
Founded by Ben Verwaayen, former CEO of both BT and Alcatel-Lucent; Alexander Ribbink, former COO of TomTom; and Robert Verwaayen, former principal at Prime Ventures, the new fund drew support from the European Investment Fund, Dutch Venture Initiative (DVI), ING Netherlands and KPN Ventures.
Keen will look to invest in companies operating in specific areas of information and communications technology consistent with the team’s vision, expertise and professional backgrounds.
Several private investors and entrepreneurs also supported the fund.
Leave a Reply