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Google launches new venture fund for European start-upsGoogle is launching a venture capital fund to invest in promising European technology companies. BBC reports the $100m (£58m) fund will “invest in the best ideas from the best European entrepreneurs”, according to Bill Maris, managing partner at Google Ventures, overseeing the project. “We believe Europe’s start-up scene has enormous potential.” The new operation will be based near London’s Silicon Roundabout start-up district. But Google is open to further geographic expansion in the future. “We’ve seen compelling new companies emerge from places like London, Paris, Berlin, the Nordic region and beyond – SoundCloud, Spotify, Supercell and many others,” Mr Maris writes in a blog to announce the new fund. Read the full article on the BBC website.
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