The objective is to create synergies with the acceleration programme and create a portfolio of around 100 startups

Bcombinator is working to launch a €40 million venture capital fund to invest in pre-seed and seed stage startups.

The aim is to create a portfolio of 100 companies, which will be supported with initial tickets of €50,000 to €100,000 and follow-ons of up to €500,000. Read the full article here.