- Venture capital group Draper Esprit said it had invested a combined £12m across five funds in Europe, including seed funds Join Capital in Berlin and Icebreaker in Finland.

Commitments were also made to three other funds based in London, Cambridge and Ireland.

The investments were a continuation of the company's 'fund of funds' strategy to invest £75m over a five-year period in Europe's best seed funds, as announced in October.

At 2:20pm: [LON:GROW] Draper Esprit Plc share price was 0p at 472p

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