ISAI, a superangel fund started by some of France's most experienced internet entrepreneurs, announced that it has closed his first fund, of 25 million euros (~$33 million).
What sets ISAI apart is that it is "by entrepreneurs for entrepreneurs" and that it plans to invest in round sizes between business angels and traditional VCs.
It will try to be the lead investor in a startup's first round and might follow on in a VC Series A. They plan to do one investment per quarter.
To read the full, original article click on this link: Entrepreneur-Friendly Superangel Fund ISAI Raises $33 Million
Author: Pascal-Emmanuel Gobry
