Bilbao-based VC firm Acurio Ventures today announced the closing of Acurio Secondaries I FCR, a European fund with a size of approximately €115 million that invests exclusively in fund-level secondary transactions involving European VC funds.

Through its direct investment strategy, Acurio Ventures has invested in approximately 120 European companies. The direct portfolio includes established scaleups such as Seedtag, Voy, Preply, Jobandtalent, Indexa Capital, Lingokids and Refurbed.

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