• The Family raises $17.4 million to support European startups

    2 monthes ago - By Tech Crunch

    The Family has always been an ambitious startup accelerator. But it has always felt like the company never had enough money to grow as quickly as it wanted. The Family is raising a new $17.4 million funding round .
    Private banking and asset management group LGT Capital Partners is leading the round, with HummingBird Venture , Project A , eVentures and others also participating.
    “It's the first time an investor understands The Family's business model. It's the first time an investor isn't trying to turn us into a VC fund,” The Family co-founder Oussama Ammar told me.
    According to him, The...
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