Like peers such as Axel Springer, the German magazine-publishing giant Bauer Media has been branching out into the digital world as an investor, notably in Swedish health startup Lifesum earlier this year. Now it’s really diving in: On Monday, Bauer announced the creation of Bauer Venture Partners, with €100 million ($134 million) lined up for a decade’s worth of investments. Created alongside VC Thomas Preuss, late of Neuhaus Partners, the fund will invest in European tech startups at a range of stages. As I noted when Google came to town with a $100 million fund a few weeks back, the days of European startups complaining about a lack of local capital seem to be fast receding.
Subscriber content
?
Subscriber content comes from Gigaom Research, bridging the gap between breaking news and long-tail research. Visit any of our reports to learn more and subscribe.
Advertisement
Advertisement
Advertisement
["wijax_a6ec0081ecc2742b3eee8d9bd51c1b19","wijax_24f2689ed907532986b399980bd50f29"]
{"source":"https:\/\/gigaom.com\/2014\/08\/04\/germanys-bauer-media-launches-134m-european-startup-fund\/wijax\/49e8740702c6da9341d50357217fb629","varname":"wijax_e9c0d46f6700907633a4e31b8d06b0fd","title_element":"header","title_class":"widget-title","title_before":"%3Cheader%20class%3D%22widget-title%22%3E","title_after":"%3C%2Fheader%3E"}
{"source":"https:\/\/gigaom.com\/2014\/08\/04\/germanys-bauer-media-launches-134m-european-startup-fund\/wijax\/49e8740702c6da9341d50357217fb629","varname":"wijax_e9c0d46f6700907633a4e31b8d06b0fd","title_element":"header","title_class":"widget-title","title_before":"%3Cheader%20class%3D%22widget-title%22%3E","title_after":"%3C%2Fheader%3E"}
Comments have been disabled for this post