Battery Ventures: Chases Opportunities in Europe
- Battery Ventures invests in potentially cutting-edge, category-defining businesses in markets including application software
- Announced investments in European fleet management software providers Vimcar GmbH
- Avrios International AG in Zurich with plans to combine them and build a larger pan-European company
- The venture capital and private equity firm is already tracking more than 100 companies in the fleet-management sector
- Engaged in talks with dozens of them, according to General Partner Morad Elhafed and Partner Zak Ewen
- WSJ Pro Private Equity spoke to the two men about the latest deal and the opportunities they see for software investors
