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$500M in, GV gears up for more deals in Europe with a new partner in London, Luna Dai Schmid



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Startups are raising less, and less often, right now, and some portfolios are buckling under the weight of write-downs from lower valuations and startups closing for business. But the venture industry continues to swim, and a number of firms are setting up to invest more, even as we swing through the downcycle.
In the latest turn of that dial, GV, the VC backed by Google parent Alphabet, is announcing a new partner for its London office, Luna (Dai) Schmid, along with the news that it’s hit a milestone in its efforts in Europe, with $500 million invested across some 40 startups in the region since opening for business in 2014. European companies in it …

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