Julie Meyer Announces Ariadne Capital Entrepreneurs Fund

Julie Meyer of Ariadne CapitalThe internet is today awash with news of the announcement of a VC fund for early stage ventures from Julie Meyer of Ariadne Capital.  The fund, that is set to raise £20 million in its first year, is surely an economic god send for internet, media technology, mobile and digital entertainment start-ups struggling to find money in the downturn.

The fund is backed by a total of ten investors, including Julie Meyer herself; a number of undisclosed investors and industry entrepreneurs such as Michael Jackson, former chairman of Partygaming; David Rowe, founder of EasyNet and Marc Worth, founder of WGSN.

With SmallBizPod reporting that:

The first £250,000 to £1 million of the Ariadne Capital Entrepreneurs Fund (ACE Fund) will target ‘game-changing’ businesses – those investors consider to have disruptive technology, business models or market vision

It will be interesting to see if any of the companies invested in will be female-led.  As one of The NextWomen Female Internet Heroes it is great to see Julie Meyer - who only earlier this summer launched her website Entrepreneur Country - remaining busy as ever.

Source: SmallBizPod

Sign Up to our Newsletter

So you enjoy The NextWomen. Why not sign up to our monthly newsletter?
You get a Letter from the CEO :-), the chance to catch up with the best of our recent articles - and some extra things we throw in once in a while.

We try hard for smart reading.