The technology sector investment firm is said to be returning investors' commitments to its latest private equity fund and scaling back its European activities.
The electronics company has agreed to an E8m investment in nCoTec’s first venture capital fund, taking total commitments to E53m.
The Dutch private equity and VC investment manager has raised E530m from 25 international limited partners.
Danske Private Equity is looking to raise E600m to invest in primary venture capital and buyout funds in the US and Europe.
The market has been stunned by the sudden collapse of the internet infrastructure company that last year made the headlines with a massive financing round.
Nexo, an Switzerland-based start-up, seeks to supply the automotive industry with telematics infrastructure and systems applications.
At the interim closing Jerusalem Venture Partners has $350m in commitments for its latest communications fund.
An early stage technology fund investing in UK and Ireland has been set up that plans to use an advisory panel of seasoned technology entrepreneurs to add value.
The European VC firm believes now is the time to be investing in companies offering “must have” products and services.
The size of the fund will allow the private equity firm to "follow companies all the way through from initial investment," according to its managing director.