Over the next three years, Team Europe Ventures intends to invest €6 million in startup financing for Internet businesses, and has set up a fund for this purpose. The fund focuses on the seed-stage; initial investment is up to €500 K per company. The fund is focused on Internet and mobile Internet.
Location: Germany, Berlin
Link: Press Release
About Team Europe Ventures:
Team Europe Ventures invests in promising internet companies in early stages of development. Team Europe’s industry focus is consumer internet and internet technology; the goal for Team Europe’s companies is to generate revenues in the millions within a few years after founding. Team Europe Ventures is managed from Berlin by the its four partners Lukasz Gadowski (founder of Spreadshirt, co-founder of StudiVZ), Kolja Hebenstreit (early employee at Spreadshirt, seed investor in StudiVZ), Pawel Chudzinski (formerly Grennhill & Co.) and Steffen Hoellinger. Team Europe is shareholder in 15 self founded companies or lead investments as well as 40 co-investments. Regional focus of the investments are the EU and the US.