Chennai: Global talent investor Entrepreneur First (EF) has announced the $115 million first close of a new deep technology-focused global fund.
The investment was led by some of the top institutional investors across the US, Europe and Asia, a release stated. Prominent entrepreneurs who also invested include Taavet Hinrikus, founder of TransferWise, Alex Chesterman, founder of Zoopla, and EF alumnus Rob Bishop, who co-founded Magic Pony Technology which was bought by Twitter for $150 million in 2016.
The new fund will enable EF to invest in over 2,200 individuals across the globe, who are joining cohorts in Bangalore, Berlin, Hong Kong, London, Singapore and Paris, the release added.