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307 €50 million AI startup fund launched by GVC Gaesco and Next Tier Ventures

EU-Startups
David Cendon Garcia @ EU-Startups · 12/03/2024 08:00 EDT

€50 million AI startup fund launched by GVC Gaesco and Next Tier Ventures

Financial group GVC Gaesco has joined with venture capital firm Next Tier Ventures to establish a new €50 million fund aimed at supporting startups specialising in artificial intelligence (AI). The National Securities Market Commission (CNMV) has approved the creation of the investment vehicle, named Next Tier GVC Gaesco S.C.R.S.A. This collaboration will focus on targeting ...

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