Google Inc. (GOOG)’s venture capital unit, the business responsible for investing in Nest Labs and Uber Technologies Inc., has added a European branch with a $100 million initial investment.
The new fund will be based in London, Google Ventures said on its website.
“We’ve seen compelling new companies emerge from places like London, Paris, Berlin, the Nordic region and beyond -- SoundCloud, Spotify, Supercell and many others,” Bill Maris, managing partner of Google Ventures, said in a blog post.
To read the original article: Google’s Venture Capital Arm Adds $100 Million European Fund - Bloomberg
