FPIM invests € 5 million in Capricorn ICT Arkiv

Leuven, 24 October 2014 - Capricorn Venture Partners is pleased to announce that the capital of Capricorn ICT Arkiv is increased to € 33 million. FPIM (Federal Holding and Investment Company) invested € 5 million in the fund and existing shareholder Quest for Growth increased their commitment with an additional € 2.5 million.

Other investors in Capricorn ICT Arkiv are amongst others ARKimedes‐Fonds II, AG Insurance and LRD (KU Leuven Research & Development).

Capricorn ICT Arkiv focuses on identifying and financing innovative ICT start‐ups with a clear focus on Digital Healthcare and/or Big Data. Investors in this fund support talented entrepreneurs in an early stage of their development. By now the fund invested already in three emerging companies being Cartagenia (www.cartagenia.com), Right Brain Interface (www.bhaalu.be) and NGData (www.ngdata.com).

Koen Van Loo, managing director FPIM: “An investment in Capricorn ICT Arkiv fits our search for an optimal combination of financial return and social responsibility. In this way, FPIM is actively stimulating innovation in healthcare and supporting Belgian entrepreneurs in the real economy.”

Mr Antonio Cano, CEO of AG Insurance, and Katrin Geyskens, partner at Capricorn Venture Partners, are joining the Board of Directors of Capricorn ICT Arkiv.

About Capricorn Venture Partners NV
Capricorn Venture Partners is an independent European manager of venture capital and equity funds, investing in innovative European companies with technology as competitive advantage. The investment team of Capricorn is composed of experienced investment managers with deep technology expertise and a broad industrial experience. Capricorn Venture Partners is investing out of the venture capital funds Capricorn Cleantech Fund, Capricorn Health‐tech Fund and Capricorn ICT Fund. In addition it is the asset manager of Quest for Growth, quoted on NYSE Euronext Brussels, and the investment manager of Quest Cleantech Fund, sub‐fund of Quest Management SICAV.
(www.capricorn.be).