Spain’s All Iron Ventures (AIV), an investor in b2c marketplaces and ecommerce plays, has closed its first fund with commitments totalling €66.5 million (~$79M) — which it touts as one of the largest first fund raises in the country. Capital committed to the fund by its parent Group’s founding partners and other investors brings its total investment capacity to around €110M. Backing for the fund has come from private investors, with no public support sought. AIV aligns itself with what it dubs a “new breed” of entrepreneur-backed VCs emerging in…
