Advent raises £128m but investors get tough

Advent Venture Partners has raised £128m (€187m) in eight months for its fourth venture fund but has been forced to include a so-called hurdle rate condition. It now has a year to hit its £200m target.

One investor said that the difficulty of raising capital in the sector made it easier to negotiate terms and conditions

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Europe Draws Up Retaliatory Tariffs for U.S. Goods in Case No Trade Deal Is ReachedExternal link

Europe Draws Up Retaliatory Tariffs for U.S. Goods in Case No Trade Deal Is Reached