Axeleo Capital raises $51 million fund

TechCrunch | 3/18/2019 | Staff
Claw987Claw987 (Posted by) Level 4
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Axeleo Capital has raised a $51 million fund (€45 million). Axeleo first started with an accelerator focused on enterprise startups. The firm is now all grown up with an acceleration program and a full-fledged VC fund.

The accelerator is now called Axeleo Scale, while the fund is called Axeleo Capital. And it’s important to mention both parts of the business as they work hand in hand.

Axeleo - Startups - Year - Series - A

Axeleo picks up around 10 startups per year and help them reach the Series A stage. If they’re doing well over the 12 to 18 months of the program, Axeleo funds those startups using its VC fund.

Limited partners behind...
(Excerpt) Read more at: TechCrunch
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