Twilio, a US-based communications company, has extended its US-focused corporate venturing fund to start-ups in Europe.
The Twilio Fund Europe for 2013 extends its microfund supported by early-stage venture capital firm 500 Startups for companies and products based on Twilio’s platform to the European Union.
Twilio said it opened its London, UK, office in 2011, a year after its US-focused fund started, and that final recipients of Twilio Fund Europe would receive investment from 500 Startups and Twilio Credits.
Submissions are open now until 1 May.
Twilio Fund, which was reported as $250,000 in size, has invested in more than 12 start-ups, including TalkDesk and OrderMapper.
The five finalists from the 2012 round include instant translation service Babelverse and social polling application Wedgies.