Monday, August 20, 2001
Europe may be in danger of following the U.S. into a recession,
but investors are still pouring money into venture funds. Two new funds are
looking to add more than half a billion dollars to the venture pool.
Germany's TVM Techno Venture Management last week announced the second closing on E100 million ($89 million) for its TVM V Life Science Ventures fund, and plans to complete its fundraising by November.