Bulgaria: Eleven Ventures holds final close of Eleven Fund III at €60m

Eleven Ventures, an early-stage Bulgarian VC investing in technology companies in South Eastern Europe, has held the final close of its ‘Eleven Fund III’ at €60m (US$67.8m). It is 10-times the size of its previous 2018 fund, say reports. The firm, which focuses its funding on five industry sectors, including healthcare, has been investing in start-ups…