/startups
Concentric, the London and Copenhagen based pan-European venture capital firm, has completed the initial close of its second fund – Concentric 02. With the new fund Concentric will continue to invest at Seed+ stage, with a focus on startups that are developing non-trivial solutions to critical sectors of the economy, like financial services, logistics, real estate, industrial software, and mobility, while taking a hands-on ‘activist’ approach to working with portfolio companies. Concentric 02 starts with an underlying portfolio of seven investments.