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Tera Ventures Aims to Raise Second Seed Fund, with the Majority of €55 Million Target Committed

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Alex Blair
Jan 29, 2018 23:26

TALLINN, Estonia–(BUSINESS WIRE)–January 30, 2018–

Tera Ventures announces a new fund to be closed in 2018, Tera Ventures Fund II with a target size of €55 million (1st closing targeted for early this year).

The majority of the capital has been committed by some of the most prolific Estonian, pan-European, and global investors.

The fund will invest in about 30 seed stage technology startups in Estonia, Scandinavia, and Central and Eastern Europe (CEE).

The Tera team members have invested in early stage tech since 2009 and our relationships spread across highly lucrative regional tech hubs with untapped potential.

View the full release here: http://www.businesswire.com/news/home/20180129005891/en/

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Alex Blair
Jan 29, 2018 23:26
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