Google Ventures, the corporate venturing arm of internet company Google, has announced it will commit a further $25m to its European fund, raising the size of the fund to $125m, according to UK daily The Independent.
Managing director Bill Maris revealed the extra funding last week during a visit to London for the TechCrunch Disrupt event.
The company has also hinted that it could soon begin investing in London-based start-ups. News emerged in May that Google Ventures was considering establishing a headquarters in London before the company established its European fund in July.
Matis stated that the additional funding was partly attributed so that the European fund could match the annual cycle of funds in the US, and partly because of the bouyancy of the European tech scene right now.