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General

Cisco invests EUR 5 mln in Italian venture capital fund

Monday 7 March 2016 | 11:00 CET | News
Italian state investment body Invitalia has announced a EUR 5 million commitment from Cisco Investments to foster the country's innovative technology startup community. The investment is part of Cisco's recent pledge to plough USD 100 million of funds in Italy over the next three years. Invitalia Ventures has set up a EUR 50 million fund, called Italia Venture I, to invest in digital startups together with private players. Over 90 investors have already joined Invitalia's venture capital network and the new fund recently invested in Padua-based started D-Eye, which has developed a portable

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Categories: General
Companies: Cisco
Countries: Italy
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