Proef Group participates in a 20M€ fund

Proef Group participates in a 20M€ fund

   Proef Group announces the participation in the "New Ideas” fund, an investment fund of 20M€ launched in partnership with HCapital and EFACEC, aiming to capitalize the best opportunities in the innovation ecosystem.

   The "New Ideas" fund has € 9.8m from the FC & QC (Debt and Guarantees Fund) managed by the IFD – Instituição Financeira de Desenvolvimento, having EFACEC and the Proef Group also as shareholders.

   Focused on development capital, the fund plans to invest between 500 thousand euros and 2.5 million euros in companies that are raising capital to accelerate its growth and leverage its go-to-market.

   In an increasingly and competitive market, with new players and disruptive business models that daily challenge the business sector and promote innovation, the startups have assumed a prominent role within the Portuguese business universe.
   In this context, the Management Team and the Shareholders of the Fund seek companies with the potential to become international reference players in areas such as Industry 4.0, Intelligent Network Management, Electric Mobility, Augmented Reality and Smart Cities.
   The business know-how and the strong international presence of Proef Group are key differentiators that will contribute to the evolution of these companies, naturally seeking to capitalize all the new business opportunities and strengthen its position in the innovation ecosystem.

   With more than 10 pipeline operations, the "New Ideas" fund aims to have its first investment done already in this month of November.