A unit of KfW, German’s state-owned development bank, is investing €30 million in an Eastern Europe technology fund that will be heavily weighted towards Ukraine. DEG will be the anchor investor in the New Da Vinci Capital Technology Fund III. About half of the money will be invested in Ukraine, estimates Robert Grant, the American financial veteran who will head the Fund’s Ukraine operations.
A unit of KfW, German’s state-owned development bank, is investing €30 million in an Eastern Europe technology fund that will be heavily weighted towards Ukraine.
