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Belgium’s WAD Capital closes €67.5M debut fund with EIF backing

WAD Capital, a Belgian investment firm, has secured its first fund close at €67.5 million. The European Investment Fund contributed €25 million to the fund, marking its initial backing of the firm. The capital will target early-stage opportunities in the region.

Sources: eu-startups.com

“The EIF’s involvement signals growing institutional confidence in Belgium’s venture ecosystem, even as early-stage funding remains uneven across Europe.”
— StartupReader
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