BankingBusiness

Battery Ventures: Chases Opportunities in Europe

Battery Ventures: Chases Opportunities in Europe

  • Battery Ventures invests in potentially cutting-edge, category-defining businesses in markets including application software
  • Announced investments in European fleet management software providers Vimcar GmbH
  • Avrios International AG in Zurich with plans to combine them and build a larger pan-European company
  • The venture capital and private equity firm is already tracking more than 100 companies in the fleet-management sector
  • Engaged in talks with dozens of them, according to General Partner Morad Elhafed and Partner Zak Ewen
  • WSJ Pro Private Equity spoke to the two men about the latest deal and the opportunities they see for software investors
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Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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