Benelux

Close to €500m was invested in Belgian tech start-ups in the first half of this year, according to a new report.

The sixth annual Rising Stars celebrates the achievements of people under the age of 40 in the venture capital industry. The deadline for nominations is November 15.

Investors include Japan Bank of International Cooperation, which anchored the fund, as well as BaltCap, Honda, Omron and Swedbank pension funds.

The fund will invest in high-tech and deep-tech companies in the Netherlands, Germany and the Nordics.

Top Tier, Skandia and Wellcome all say market slowdown won't rattle their long-term commitments to their portfolio fund managers.

In an increasingly competitive market, venture firms can improve their odds of survival by teaming up with larger PE firms with whom they have synergy. This week Sofinnova Partners, a Paris-based early-stage life sciences investor, sold a minority stake to Apollo in return for Apollo committing to invest up to €1 billion to its funds.

Dealmaking in the France and Benelux region has grown by about 80% over the past two years, according to a report.