Berlin-based Point Nine Capital, a seed-stage venture capital firm, has collected 180 million euros ($172 million) for its sixth fund.
The fund is expected to back business-to-business digital marketplaces and business-to-business software as a service startups.
More so, the sixth investment vehicle will infuse into seed-stage startups with an average ticket size of $478,090 to $4.8 million.
In addition, 20 to 30 percent of the fund's investments will be based in the U.S., Canada, and Turkey, whereas the remaining balance will be infused primarily in Europe.