Northzone

Michiel Kotting, Partner at Northzone, joins CNBC's Silvia Amaro to discuss the state of AI fundraising in Europe. Northzone recently backed German AI start-up Black Forest Labs, which raised $300 million this week, valuing the company at $3.25 billion. K

London-based venture capital firm Northzone raised a 1 billion euro fund to support technological innovations, such as crypto.

The London-headquartered venture capital firm's tenth and largest fund to date will be used to back startups across Europe and the US.

Northzone has led a 9.5 million pound ($14.5 million) investment in Ocapo Limited. The technology investor was joined by Chris Hong, who will also serve as CEO, and BOOST&Co, who provided additional debt and equity funding.

Spotify investor Northzone has put $3 million into the social music service Soundrop. As part of the investment, Northzone's Torleif Ahlsand will join Soundrop's board. Soundrop pioneered the concept of "listening hangouts" on Spotify where in May users h

Spotify's move last yearto open its platform to other apps has created more stickiness for its streamed music services. Now, one of the startups based around that idea has found some traction of its own: Oslo-based Soundrop, which creates "listening rooms

Northzone - best known for being a Series A investor in Spotify, but also inside hot companies like BraveNewTalent, Videoplaza and VisualDNA among others - has until now confined itself (mostly) to regional investing in its Nordic stamping ground from its