A big fund that invests in another fund, that’s quite unusual if you ask me. KPN Ventures, the venturing arm of KPN, has an agreement with Cottonwood European Technology Fund (CETF) to become one of its cornerstone investors. CETF is a venture capital fund specialised in high-tech companies in an early stage of development. With this deal, KPN Ventures claims its first fund-in-fund investment.
Read more at Silicon Canals.