On February 17, 2025, MFG Invest AD received a payment of €24,212.11 (twenty-four thousand two hundred twelve euros and eleven cents) from Eleven Fund III Cooperatief U.A.. The amount was paid in connection with the realized sale of an investment by Eleven Fund III Cooperatief U.A.
About Eleven Fund III Coöperatief U.A.:
Eleven Fund III is the third fund of the venture capital firm Eleven Ventures. The fund has a capital of €60 million and is registered in the Netherlands. It focuses on pre-seed and seed investments in companies from Southeast Europe.
As of December 31, 2024, the fund’s investments amount to nearly €35 million, with a portfolio of 36 companies, including Almacena, BeMe AI, Bibe Coffee, Biopix, CoLumbo, FlatAway, Flow, Frisbo, Native Teams, and others.
MFG Invest is an LP (Limited Partner) in the fund, with a total committed investment of €1 million.