Demium Capital incorporates fund for investing in Central European startups

Cuatrecasas has advised Demium Capital, Valencian venture capital management company, on incorporating its new venture capital fund Demium Central Europe Talent Fund I and on registering it with the Spanish Securities and Exchange Commission. 

This fund has been created to invest in Central European startups in the seed stage that stand out for their technology and growth potential, and that can contribute to innovation and economic development in their region. In its first closing this July, it expects to reach a figure of between €7 and €9 million, and in its second closing, planned for September, its objective will be €40 million.

With this investment vehicle, Demium Capital hopes to guide and mentor the entrepreneurs of these Central European countries, as well as providing them with the financial support necessary to favor the development of their innovative projects. To incorporate the fund, the company received legal advice from the Cuatrecasas Fund Formation team made up of the lawyers Jorge Canta, Pilar Pastor and Jaime Sepúlveda.