In the last 12 months, we're probably been one of the most active VCs in Europe, doing 20 investments. We believe the market is at the point of turning and has arrived at the bottom of valuations, and we are taking advantage of that. There will be a slow recovery, so we wanted to make a push there. It was time to push the accelerator.
Acurio Ventures will exclusively make 'follow-on' investments and will not lead deals, focusing on equity stakes of between 3% and 10% to manage investments flexibly across Europe.
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