#deep tech Tech News.
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Creator Fund closed a £42m fund to back European scientific founders before they have a pitch deck. The UK-based pre-seed VC selects 40 venture fellows yearly across 30 universities in 10 countries to identify deep tech researchers. The fund has already made 11 investments.
Creator Fund closed its first European fund at $56 million to back scientific founders before they have a pitch deck. KfW Capital joined as the largest investor, with 71 limited partners from 21 countries. The firm has backed 62 companies since 2019 and invests up to €1 million per startup.
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