Volta Ventures, a Belgian venture capital firm that invests in aspiring internet and SaaS startups in Benelux has announced the second fund, Volta Ventures II. As a part of its second fund, the VC firm will invest €35 million in early-stage and fast-growing startups. Probably, the Benelux startups might get a second fund sometime in the first of this year.
Volta invests somewhere between €300K and €2 million per funding round in both early-stage and pre-revenue generating companies. The firm aims to bridge the financing gap, which exists between business angels and hundreds of thousands of euros of capital and massive funds of several million put forth on the table for mature companies.