Echo: MMC Ventures outs new £100M 'Scale Up' fund to double-down on its portfolio at the later stage

MMC Ventures, the London-based VC that typically invests at seed and Series A via the various funds it manages, has launched a new £100 million "Scale Up" fund to provide expansion capital to its later-stage portfolio companies. This is a move we are seeing a number of early-stage European VCs make, such as LocalGlobe with [...]