French VC firm Ring Capital raises $170 million fund
https://techcrunch.com/2018/01/19/french-vc-firm-ring-capital-raises-170-million-fund/
Meet Ring Capital, a brand new VC firm based in Paris. The firm just raised a new $170 million fund (€140 million) and might still be raising another $10 million or so for this fund.
Many new VC firms tend to focus on seed rounds at first. Ring Capital thinks there’s a Series A and Series B gap in France. That’s why Ring Capital plans to invest around €5 to €10 million ($6 to $12 million) in each company — sometimes a bit more, sometimes a bit less.
French VC firm Ring Capital raises $170 million fund
Jan 19, 2018, 1:21pm UTC
https://techcrunch.com/2018/01/19/french-vc-firm-ring-capital-raises-170-million-fund/
>Meet Ring Capital, a brand new VC firm based in Paris. The firm just raised a new $170 million fund (€140 million) and might still be raising another $10 million or so for this fund.
>Many new VC firms tend to focus on seed rounds at first. Ring Capital thinks there’s a Series A and Series B gap in France. That’s why Ring Capital plans to invest around €5 to €10 million ($6 to $12 million) in each company — sometimes a bit more, sometimes a bit less.