Thethe first closing of Uni.Fund II at 50 million euros to invest in approximately 20 technology companies, startups and spin-offs from Greece and Europe, Uni.Fund announced. Uni.Fund I , investing in stages:

• pre-seed
• seed and
• late-seed/series A

The investors of Uni.Fund II

Investors of Uni.Fund II include the following investors Hellenic Development Investment Bank (EATE), the European Investment Fund (EIF) and a large number of companies and private investors with strategic roles in the Greek entrepreneurship and innovation ecosystem and supporters of Uni.Fund I.

With the second fund, the management team of Uni.Fund continues to invest in ambitious founders of innovative technology companies that are in the pre-seed, seed and early Series A stage. Beyond investing in technology startups, there is particular interest in spin-off companies with commercially exploitable research products from universities and research institutions. Retrieved from the amount of the initial investment ranges between 200 thousand and 1.5 million. euros, while the investment strategy includes follow-on investments in companies that are commercially successful.

The Uni.Fund I

The Uni.Fund I was launched in 2018 with the support of the EquiFund and private investors and has completed investments in 23 companies, which have Sales to over 60 countries. The founding partners are Katerina Pramatari, Konstantinos Lavkas, Panos Lioulias, Stelios Eliakis and Sotiris Papantonopoulos-Mantopoulos. Dora Trachana and George Saperas, who have been part of the management team since the beginning of the project, are added to the initial group of partners. Uni.Fund I and were responsible for a significant part of the fund's operations.

Nikos Papathanasis, Deputy Minister of Economy and Finance, talks to us about Uni.Fund II

"I would particularly like to congratulate the management of the Hellenic Development Bank for its participation in Uni.Fund II, as it paves the way for innovative technological investments. By making maximum use of the development resources of the Recovery and Resilience Fund , we are investing dynamically in the development of the Greek innovation ecosystem. Through the funding of innovative start-ups and spin offs, we give a boost to the promising technology sector and lay the foundations for the repatriation of Greek scientists who left abroad during the economic crisis, reversing the brain drain to brain gain. The Government's primary objective is to regain investment grade status in the immediate future. With the European resources flowing in through the Recovery and Resilience Fund and the NSRF 2021/27, we will achieve stable and sustainable growth in our country".

Haris Lambropoulos, President and Antigoni Liberopoulou, CEO of EATE

"EATE, is the Equity Platform of TAA - National Plan "Greece 2.0". The signing of the contract for Uni.Fund II makes us particularly happy, as utilises the development resources of the CDF from the "InnovateNow" programme with significant participation of private and institutional capital. At the same time, it highlights that the relevant investment programmes that we have designed and are implementing, address the real needs of the venture capital market with complementarity and efficiency, to enhance innovation and the emergence of Greek talent, aiming at resilient and sustainable growth".

Katerina Pramatari, one of the founding partners of Uni.Fund

"We continue as a team in our efforts to support innovative entrepreneurship in the country, to cultivate the foundations for healthy businesses that can emerge as international leaders in their field and to highlight the hidden potential that exists, especially around universities and research."