BackingMinds raises new €50 million fund to power-up normally overlooked entrepreneurs

Sweden-based venture fund BackingMinds, founded in 2016, likes to think it takes a different approach to venture in Europe. Its new €50 million fund will aim to take a road less traveled by most VCs, looking for “the blind spots” traditional venture capital can often miss because of typical VC herd behavior (such as investing in white men in major capital cities).

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Untapped potential: VC BackingMinds expands its second €50 million fund across the Nordics and doubles down on Denmark