Frontline VC raises $80m in new FrontlineX focused on B2B companies expanding into Europe
25 February 2022
Goodbody acted as Financial Adviser.
Company:
Frontline Ventures
Transaction:
Capital raising
Sector:
TMT
Date:
March 4 2020
Country:
Ireland and the UK
Activity:
Venture capital investing
Frontline Ventures is Dublin and London-based venture capital firm investing in globally ambitious B2B companies. Frontline Ventures has raised a new $80m (€72m) fund to help US software companies expanding into Europe, FrontlineX. FrontlineX, which bring total funds under management by the VC to $200m, is focused on growth-stage business to business (B2B) companies that are on target to go public. The fund will invest up to $5 million in individual companies alongside lead investors in Series B, C of D rounds.
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