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Accel Partners Launches $ 500 Million Fund in Europe and Israel
Accel Partners accelerates in Europe and Israel. The American venture capital firm has announced that it has completed its fifth European fund. With a budget of 500 million dollars (approximately 437 million euros), this new vehicle called “Accel London V” is intended to invest in companies in the technological sector. He will be particularly interested in marketplaces, publishers of Saas solutions (software marketed as services, note) as well as infrastructure software. However, no indication has been communicated as to the financing phases (seed money, series A, etc.) in which it will intervene.
“We are grateful for the support provided by the leading institutions that fund us, including many research institutes and charitable foundations, and we will continue our efforts to generate solid returns so that they too can continue. the important work they do in their communitiesHarry Nelis, partner at Accel, said in a statement.
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