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Jotelulu raises €4M to help IT companies easily deliver cloud services to SMEs

Jotelulu, a platform that helps transform IT companies into cloud service providers, announced today it has successfully closed €4 million in a Series A round of investment. Adara Ventures, one of the leading European deep tech funds, led the round, with participation from US-based fund G2A Investment Partners and previous investors Fundación Bankinter and Big […]

Investments | Ecosystem
Adara Ventures closes 65 million in its third fund to invest in startups

Adara Ventures, an established European Venture Capital (VC) firm based in Luxembourg, has announced that it has completed the first closing of its third fund (Adara Ventures III) with commitments in excess of €65 million. The new fund is backed by repeat cornerstone investors which include the European Investment Fund (EIF) and FondICO Global, as well as new benchmark investors, such as the Institut Català de Finances (ICF), Prosegur and Draper Esprit.