Venture capital in Europe in not dead.
Innogest, a $120 million fund with offices in Milan, Padova and Torino, just reminded us that VC deals are possible, injecting the huge sum of $8 Million into BeeTV.
http://www.thestartup.eu/2009/06/innogest-invests-8-millions-in-tv-recommendation-system-beetv/
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