Investment firm Isomer Capital launches €150m tech fund
London-based Isomer Capital has announced it is launching a €150m (£116m) investment fund to capitalise on the European boom in technology businesses.
The firm, which was founded by Joe Schorge and Chris Wade, hopes to take advantage of Europe’s thriving tech industry which last year saw investors make €137bn (£106bn) across 600 disclosed companies.
Isomer Capital, which already has a portfolio of 96 companies spread across 9 countries, has commitments in place with early stage technology venture capital firms including Hoxton Ventures, White Star Capital and Entrepreneur First.
Joe Schorge, founder of Isomer Capital said: “Europe is building a new generation of high growth technology companies, formed by experienced technologists and serial entrepreneurs at higher volumes, quality and ambition levels than ever before.
“The opportunity has outstripped the supply of capital and Isomer is seeking to exploit this demand/supply imbalance by working with some of the most inspiring fund and company entrepreneurs.”
“We operate as a network of networks to help all our partners prosper; bringing opportunities, capital, expertise, contacts and assistance to our GPs, LPs, and investee companies alike. Isomer will seek to represent the new face of Venture Capital in Europe.”