New Business Venture Fund

Summary

New Business Venture Fund appeared to be the VC, which was created in 1998. The main office of represented VC is situated in the Reykjavu00edk. The fund was located in Europe if to be more exact in Iceland.

We also calculated 1 valuable employee in our database.

The typical case for the fund is to invest in rounds with 1-2 participants. Despite the New Business Venture Fund, startups are often financed by Technology Development Fund, Seventure Partners, Life Sciences Partners. The meaningful sponsors for the fund in investment in the same round are Frumtak Ventures, Sutter Hill Ventures, Shanda Group. In the next rounds fund is usually obtained by Technology Development Fund, Investa, Horizon 2020.

We can highlight the next thriving fund investment areas, such as Consulting, Health Diagnostics. Besides, a startup needs to be aged 4-5 years to get the investment from the fund. The fund has no exact preference in some founders of portfolio startups. When startup sums 1 or 5+ of the founder, the probability for it to get the investment is little. For fund there is a match between the location of its establishment and the land of its numerous investments - Iceland. Among the most popular portfolio startups of the fund, we may highlight Kaptio, Mint Solutions, Yaolan.com.

Deals in the range of 1 - 5 millions dollars are the general things for fund. The fund is constantly included in less than 2 investment rounds annually. The average startup value when the investment from New Business Venture Fund is 10-50 millions dollars. The important activity for fund was in 2010. Speaking about the real fund results, this VC is 37 percentage points more often commits exit comparing to other organizations.