A significant milestone for innovation in Greece
Typically, early-stage venture capital funds such as Uni-Fund target a 10-15x return on investment, as their investments follow the high risk-high return logic. “Cyrus is placed at the high end of our portfolio and given that the hydrogen refuelling sector seems to be growing with high rates, we really believe that we will reach this or even higher returns”, indicates Dora enthusiastically who is finalising the next investment round with the participation of a NASDAQ company and other private investors. “There is no pressure for divestment as we try to identify the right timing to exit our investments on a case by case basis. Within the next two-three years, we really foresee a significant number of divestments and we really hope that future prospects are positive for us”, she adds.