New €140m fund to support tech firms across Europe

Technology fund Atlantic Bridge is targeting investments in up to 20 companies across Europe after the first close of its new €140m fund.

Companies with “global market scalability” will be the focus of the Atlantic Bridge III fund, which is supported by Enterprise Ireland.

It is hoped the funding will help high potential companies in areas such as cloud, big data, robotics and the internet of things scale in the coming years.