Auriga Partners reaches €80 million interim close for second fund dedicated to cybersecurity
Auriga Partners, a Paris-based asset management firm specialising in venture capital and innovation investment, has announced an €80 million interim close for Auriga Cyber Ventures II, its second fund dedicated exclusively to cybersecurity. Auriga Cyber Ventures II is backed by Bpifrance through the French National Seed Fund No. 3, managed on behalf of the French […] The post Auriga Partners…
Paris-based asset management firm Auriga Partners has announced that it has reached an interim close of €80 million for its second fund, Auriga Cyber Ventures II, focused exclusively on cybersecurity. This fund is supported by Bpifrance through the French National Seed Fund No. 3 and the European Union through InvestEU and the European Investment Fund (EIF).
Auriga Cyber Ventures II aims to invest in early-stage European cybersecurity startups, with a target of €100 million and a hard cap of €120 million. The fund will invest in companies from pre-Seed to Series A stages, with investment amounts ranging from €500,000 to €5 million. Auriga Partners plans to allocate roughly half of the fund's capital to follow-on investments in its most promising portfolio companies.
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