Tuesday, January 22, 2019

Axa Venture Partners raises $150 million beginning time finance 


Axa Venture Partners, the investment arm of insurance agency Axa, is raising a beginning period subsidize. The present new $150 million store (€130 million) is called AVP Early Stage II.

Already, Axa Venture Partners had raised a $110 million beginning period subsidize in 2015. Up until now, it has put resources into 40 organizations, for example, Hackajob, K4Connect, Futurae or Zenjob and Happytal.

With regards to speculation procedure, Axa Venture Partners intends to put resources into early new companies situated in Europe, North America and Israel with this new store. The firm will contribute as much as $6 million for each organization.

Axa Venture Partners additionally works a development support and puts resources into different assets through a store of assets. What's more, the firm has workplaces in Paris, London, San Francisco and New York.

Operations

AXA trades in the United Kingdom as AXA UK using a number of subsidiaries such as, AXA Insurance, AXA Investment Managers, AXA Wealth and care health. AXA PPP Healthcare was created when AXA bought Guardian Royal Exchange (GRE), though it subsequently sold the other parts of GRE to Aegon. The company also owns the online insurer cover , distribution business Bluefin and fund manager Architas. In January 2007 AXA was reorganised into "strategic business units" (SBU's) aimed at competing within their specific markets.

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