A new $200 million Global accelerator fund was launched in Dublin yesterday by BlackBee Investments.
The Accelerator Note 1 fund provides unprecedented access to invest into over 700 cutting edge technology companies from around the world. They are providing investors with an opportunity for a six year regulated investment listed on a European exchange.
CEO BlackBee Investments, David O’Shea said, "Traditionally venture capital is provided by large institutional funds. However, the Accelerator Note 1 enables individuals and Irish investors to get involved in this exciting and dynamic sector. We are committed to providing the best and most innovative investment ideas to investors and we are delighted to be working with one of the world’s leading venture capital firms, SOSV in this regard."
With offices in USA, Europe and Asia, SOSV have access to startups all over the world, and bring their unique mentoring approach to startups in which they invest. The partners at SOSV have already committed $100m of their own capital in the fund.
Targeting world changing companies, this fund will back entrepreneurs who are involved in everything from the Internet of things (IOT) to life saving medicine and new sources of nutrition for the world.
Source: www.businessworld.ie
