Google Ventures, the venture capital arm of the Mountain View giant, is launching a $100m venture fund dedicated to Europe.
The firm aims “to invest in the best ideas from the best European entrepreneurs, and help them bring those ideas to life”.
No geographical limits emerge from the post by Bill Maris, Managing Partner, Google Ventures.
“We believe Europe’s startup scene has enormous potential. We’ve seen compelling new companies emerge from places like London, Paris, Berlin, the Nordic region and beyond—SoundCloud, Spotify, Supercell and many others”, he added.
Launched in 2009, Google Ventures provides capital, engineering support, design expertise, and guidance with recruiting, marketing and product management. To date, it has invested in more than 250 portfolio companies across several industries.