28 days ago • Posted by William Ramstein

Venture capital group 83North raises a $550M fund

The group will use the funds to focus entirely on European and Israeli entrepreneurs. Offices will be in Tel Aviv and London. The group will now have more than $1.8B in capital under management. 83North backs a dozen companies valued at more than $1B with famous backing Marqeta and Wolt taking front stage. It has exited 21 holdings with iZettle AB being sold to PayPal and recently public Just Eat in 2014.

Source: yahoo finance