Outward VC Secures £51M in Fund II for Early-Stage Founder Support
Tuesday, 10 September 2024, 03:59
Outward VC's Fund II Launch
Investment firm Outward VC has announced a significant milestone with the first closing of its Fund II at an impressive £51M. This initiative is designed to empower early-stage founders and startups. A cornerstone contribution of £30M comes from the British Business Bank, showcasing strong institutional support.
Objectives of Fund II
- Accelerate growth for innovative startups.
- Enhance entrepreneur resources
- Stimulate the startup ecosystem
With this capital injection, Outward VC is set to transform the entrepreneurial landscape, attracting and nurturing the brightest talents in technology.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.