London-Based Bloc Ventures Raises $20 M to Invest in Early Stage, Deep-Technology Startups Including Quantum-Based Security
(TechEuBrief) Bloc Ventures, the London-based venture capital firm focused on early-stage European deep technology investments, has raised over £20 million in equity funding from industry leaders throughout the UK.
The firm aims to provide expert-led funding of early-stage deep technology startups and has already built a portfolio of nine companies across fields such as quantum-based security, internet-of-things infrastructure, the 5G wireless network, fintech, and gaming.
The recent fundraise will go toward expanding the firm’s portfolio with new partnerships as well as developing existing portfolio companies with follow-on investments.