European firm XAnge holds first close

Early-stage investor XAnge raises €125m and expects to close on €200m in six months.

Franco-German tech investor XAnge announced it has held a first close of €125 million ($150 million) on its latest early-stage tech fund, XAnge 4. The firm, which has already used the fund to invest in Gitti and Workmotion, expects a final close of €200 million in six months.

Source: Blog post